World Economy

Boeing Co. has accepted 1,880 voluntary layoffs from its union machinists and engineers in the Seattle area, the unions said on Thursday, part of the jet maker’s drive to cut costs through job…

US officials raided three Caterpillar sites on Thursday as part of a criminal probe into tax irregularities at the heavy machinery manufacturer.

The raid sent the company’s stocks sharply…

China said it has broken up an underground banking operation that conducted $7.3 billion in illegal foreign-currency transfers, trumpeting the bust as a sign of its resolve in stemming massive…

It’s been a long wait, but economists are confident last year’s shock economic growth contraction was a one-off, and the quarter of a century of expansion will continue in Australia.

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France’s economy expanded at a faster pace, as estimated, in the fourth quarter driven by consumption and investment, the second estimate from the statistical office Insee showed Tuesday.

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The Organization for Economic Cooperation and Development on Tuesday cut India’s growth forecast to 7% for 2016-17 in view of demonetization, but said the pace will accelerate to 7.3% in the next…

The moment of truth for debt markets beckons. Given the extent to which monetary stimulus in Europe has helped to compress corporate bond spreads and flatten the credit curve, fears may grow over…

Turkey’s exports started the year with a significant increase, the Turkish Statistical Institute TurkStat said on Tuesday. Turkey’s exports in the first month of the year stood at $11.3 billion,…

South Africa posted a 10.81 billion rand ($830 million) trade deficit in January, more than market expectations, following a revised 12.41 billion rand surplus in December, data from the revenue…

Sudan’s annual rate of inflation rose to 32.86% in January from 30.47% the previous month, driven by the rising cost of transport and consumer goods and services, the Central Statistics Office…

Italy’s consumer price inflation accelerated more than expected in February, driven by higher cost of unprocessed food, preliminary estimate from the statistical office Istat showed Tuesday, RTT…

Malaysia’s central bank is expected to hold its benchmark rate on Thursday, as the economy has improved after struggling due to poor global oil and commodity prices for more than a year, Malaymail…

A review for the British government has laid a target-based framework for erasing racial inequality in the workplace, arguing it would also benefit the economy by up to £24 billion ($29.84 billion…

The Korea Institute of Finance announced on February 26 that South Korea’s household debt-to-GDP ratio was 90% at the end of June last year, when the figure was 87.6% for Britain, 78.8% for the…

Sweden’s already piping hot economy racked up firm growth in the fourth quarter, an outcome that was roughly in line with market expectations and that reinforced the spotlight on the central bank…

Asian nations must spend $26 trillion by 2030 on infrastructure to battle poverty, boost economic growth and fight climate change, the Asian Development Bank warned on Tuesday.

Contracts to buy previously owned US homes dropped in January on a shortage of inventory in the Midwest and West regions, the National Association of Realtors said on Monday.

China’s economy remained generally steady during the Lunar New Year while sentiment readings show uncertainties over the outlook, according to the earliest private data for February.

Counterfeit goods, software piracy and the theft of trade secrets cost the American economy as much as $600 billion a year, a private watchdog says.

Tunisia is likely to sell stakes in three state-owned banks this year and cut up to 10,000 public sector jobs as part of reforms demanded by the International Monetary Fund, which has postponed…

The London Stock Exchange has said a merger with Germany’s Deutsche Bourse is unlikely to meet EU anti-trust demands. LSE said it has not given up and would still continue to pursue a merger.

Vietnam reported trade deficit of $1.2 billion in February, the General Statistics Office announced late Sunday, bizhub reported.

It’s 4 pm in Nigeria’s capital and Ahmed Chiji has been running from car to car near the National Mosque selling mobile-phone airtime vouchers. His total for the day: 500 naira ($1.59).

Kazakhstan’s central bank had a blind spot. The range of predictions by its in-house forecasters was too wide and inconsistent to be of much use in guiding monetary policy. The key to divining the…

Thailand’s customs-cleared exports rose for a third straight month in January, by slightly less than expected, a good sign for the trade-dependent economy that has lagged regional peers, Reuters…