In rural Mississippi, still waiting on recovery

ITTA BENA, Miss (Reuters) - Here’s what has happened in Leflore County, Mississippi, since the end of the U.S. recession in 2009. The number of jobs fell 4 percent and nearly 8 percent of the...

Oil prices fall on rising US rig count, Illinois refinery fire

SINGAPORE (Reuters) - Oil prices fell by more than 1 percent on Monday as U.S. drilling activity picked up and as a refinery fire in the U.S. state of Illinois resulted in the shutdown...

Brexit referendum spurs British companies into investing in EU: research

LONDON (Reuters) - The 2016 Brexit vote spurred British companies into increasing investment in European Union countries sharply, likely at the expense of spending at home, an academic study showed on Monday. The referendum result...

Australia central bank chief puts rate cut on the table, Australian dollar skids

SYDNEY (Reuters) - Australia’s central bank on Wednesday opened the door to a possible rate cut as it acknowledged growing economic risks in a remarkable shift from its long-standing tightening bias that sent the...

Hammer and pickle: Vietnam-style reform would mean big changes for North Korea

HANOI (Reuters) - Nestled in a leafy park between a rusting Soviet fighter jet and the old East German embassy, a lonely statue of Lenin stands in the center of Hanoi as a symbol...

Kartellgericht verhängte 212.000 Euro Geldbuße gegen Rewe (mutter: Billa)

Der Handelskonzern Rewe wurde wegen „unrichtiger und/oder irreführender Angaben“ im Zuge des Zusammenschlussprüfverfahrens zu einer Geldstrafe von 212.000 Euro verurteilt. Wien, Wiener Neudorf – Das Kartellgericht hat dem Handelskonzern Rewe in Österreich eine Geldstrafe von...

1MDB: Ex-Goldman bankers and Jho Low face US charges

Two former Goldman Sachs bankers and Malaysian financier Jho Low have been hit with US criminal charges in connection with one of the world's biggest financial scandals. The Department of Justice alleges the men participated in...

Retailer Anthropologie ‘deeply regrets’ copying designs

US fashion and homewares giant Anthropologie has apologised after it copied an artist's designs and mass-produced her work without permission. Tara Burke, a ceramicist based in Sydney, Australia, called the retailer "scum" in a viral...

Why the Chinese yuan is falling

The Chinese currency - the yuan - is flirting with the 7 mark against the US dollar, a level it hasn't seen since the 2008 global financial crisis. The movements in the yuan are closely...

Where are house prices rising the fastest?

House prices are rising the fastest in the East Midlands, increasing by 6.5% in the year to August, according to official statistics. Wales also showed a significant rise - up by 6.2% over the same...

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