World Economy

UBS Group AG is trimming some positions at the investment bank as part of a plan to reduce costs across the business in response to a revenue slump, according to people with knowledge of the…

Bayer AG stands to make the biggest foreign acquisition in the history of corporate Germany if it goes ahead with a takeover of Monsanto Co., which could be valued at more than $60…

Mario Draghi is discovering that the European Central Bank’s purchasing power isn’t as strong as he had hoped.

Economists are debating the possibility that China’s economy could have a “hard-landing” or lengthy recession. For most Chinese businesses, the slowdown has become a reality. The question that…

Brazil’s Finance Minister Henrique Meirelles said the economy is in worse shape than he anticipated when joining the government one week ago.

“In the numbers I see a worse situation than I…

At least 2.2 million families were without job income in 2015, Istat national statistics bureau said in a report out Friday, ANSA reported. Jobless families grew from 9.4% in 2004 to 14.2% last…

The tiny nation of Rwanda is pursuing a local technological revolution in a bid to transform its largely agrarian society into the equivalent of an African Singapore.

Canadian Prime Minister Justin Trudeau suggested on Thursday that a C$30 billion ($23 billion) budget deficit was not a hard limit as the government’s focus should be on spurring economic growth…

Americans are of two minds about the economy in the midst of an election race that largely hinges on the issue. They are strikingly pessimistic about the national economy yet comparatively upbeat…

Refugees in Europe are likely to double the money initially invested in them over a five-year period, an NGO has claimed.

Investing in refugees will create jobs, increase trade, spur…

With none of the fanfare that greeted Saudi Arabia’s plan for the post-oil era, the Russian economy is quietly getting its biggest makeover under President Vladimir Putin. A trail left…

Credit Suisse Group AG is targeting Thai millionaires as part of the firm’s goal to bolster the new money it attracts from wealthy clients in the Asia-Pacific region.

For the fourth consecutive quarter, South Korea suffered the worst consumer confidence levels in the world, according to a survey by market research firm Nielsen, Channel NewsAsia reported.…

Deutsche Bank AG investors expressed their frustration with management at the company’s annual meeting a year ago. Weeks later, co-Chief Executive Officer Anshu Jain was gone.

Japan’s economy grew more robustly than expected in the first quarter of this year, at a 1.7% annual pace, but economists expect the expansion to slow in the current quarter.

The head of Germany’s central bank has urged Brussels to tighten its controls over EU member states’ budgetary policies. His criticism is that too many compromises have negatively impacted fiscal…

Gold has soared in the opening months of 2016 as investors second-guess a wary Federal Reserve, Bloomberg reported. A thicket of risks from the UK’s Brexit vote next month to the US presidential…

The number of people in work in Britain rose modestly in March but the unemployment rate held steady, further signs the labor market is cooling off after a long stretch of job gains, MarketWatch…

Goldman Sachs downgraded equities to “neutral” over a 12-month time-frame on growth and valuation concerns, but upgraded commodities to “neutral” on a three-month basis saying there was less…

Nigerian inflation accelerated the fastest in almost six years during April, according to the consumer price index figures released by the National Bureau of Statistics.

Consumer prices…

The US has imposed duties of more than 500% on Chinese cold-rolled steel, used to make cars and washing machines, as a backlash escalates against a glut of Chinese steel flooding global markets.…

The central banks of major advanced economies have been navigating uncharted territory in recent years. While their use of a range of unconventional monetary-policy tools has had benefits, it has…

The average Australian salary rose just 2.1% in the last year—the lowest rate in recorded history, in a further sign the nation’s economy continues to slow.

Chile’s economy grew more than analysts had forecast in the first quarter as investment picked up after declining for much of the previous two years and exports of goods and services rose at the…

Hungary?s state debt, calculated according to Maastricht rules, grew to 76.9% of GDP at the end of March, from 75.3% at the end of last year, preliminary data released by the National Bank of…