Economy

European Union countries voted Friday to adopt tariffs of up to 45% on electric vehicles, or EVs, imported from China. Ten countries, including France and Italy, supported the imposition of tariffs, while five countries, including Germany,…
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Nairobi — The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due to the destruction of Sudan's economy in a civil war. However, growth is expected to remain…
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OCEAN CITY, N.J. — For generations of vacationers heading to Ocean City, the towering “Giant Wheel” was the first thing they saw from miles away. The sight of the 140-foot-tall (42-meter) ride let them know they were getting close to the…
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Geneva — The head of the U.N. refugee agency warned on Monday that displacement crises in Lebanon and Sudan could worsen, but said tighter border measures were not the solution, calling them ineffective and sometimes unlawful. Addressing…
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STOCKHOLM — The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research into differences in prosperity between nations and why some countries succeed and others fail. The…
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Paris — Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local…
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Mount Juliet, United States — Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. Innovations unveiled in recent days by the Seattle-based tech titan…
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BUENOS AIRES — Argentina's triple-digit inflation, among the world's highest, is starting to slow down but this offers little relief for workers whose salaries have stayed the same while costs of basic goods skyrocketed and the government…
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BEIJING — China said Saturday it would issue special bonds to help its sputtering economy, signaling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support…
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MELBOURNE, Australia — China will resume importing Australian live lobsters by the end of the year, removing the final major obstacle to bilateral trade that once cost Australian exporters more than 20 billion Australian dollars ($13…
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