Economy

US home construction poised for turnaround after March slide

US home construction poised for turnaround after March slide

Home construction in the U.S. is poised for a turnaround, economists and lenders say, as mortgage rates pull back from recent highs that curbed building in March. Work started on 1.14 million homes last month, ...
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India’s SpiceJet to give hiring preference to employees of Jet Airways: Chairman

India’s SpiceJet to give hiring preference to employees of Jet Airways: Chairman

FILE PHOTO: Ajay Singh, Chairman of Indian low-cost carrier SpiceJet, speaks with the media in Mumbai, India, December 9, 2017. REUTERS/Shailesh Andrade April 19, 2019 (Reuters) – India’s SpiceJet Ltd said on Friday it will ...
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Ukraine PrivatBank court ruling excludes parties related to ex-owners: central bank

Ukraine PrivatBank court ruling excludes parties related to ex-owners: central bank

FILE PHOTO: Logo of PrivatBank, the Ukraine's biggest lender, is seen on a bank's branch in Kiev, Ukraine April 18, 2019. REUTERS/Vasily Fedosenko April 19, 2019 KIEV (Reuters) – A Ukrainian court ruling that the ...
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Scholz rules out new debt to stimulate Germany’s slowing economy

Scholz rules out new debt to stimulate Germany’s slowing economy

FILE PHOTO: German Finance Minister Olaf Scholz attends a Reuters interview in Berlin, Germany, April 10, 2019. REUTERS/Hannibal Hanschke/File Photo April 19, 2019 BERLIN (Reuters) – Finance Minister Olaf Scholz ruled out taking on new ...
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Irish Brexit border issue could endanger EU-U.S. trade deal: congressman

Irish Brexit border issue could endanger EU-U.S. trade deal: congressman

FILE PHOTO: U.S. House Speaker Nancy Pelosi speaks next to Ways and Means Commitee Chairman, Rep. Richard Neal (D-MA) as Mayor of Derry City John Boyle looks on near an anti-Brexit protest banner during her ...
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Japan’s March factory output to shrink, BOJ seen keeping policy unchanged: Reuters poll

Japan’s March factory output to shrink, BOJ seen keeping policy unchanged: Reuters poll

FILE PHOTO: A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan February 28, 2017. REUTERS/Issei Kato April 19, 2019 TOKYO (Reuters) – Japan’s March factory output is forecast to have ...
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Taiwan March export orders seen dropping for fifth straight month: Reuters poll

Taiwan March export orders seen dropping for fifth straight month: Reuters poll

FILE PHOTO: Shipping containers are seen at Keelung port, northern Taiwan, March 20, 2016. . REUTERS/Tyrone Siu April 19, 2019 TAIPEI (Reuters) – Taiwan’s export orders likely declined for a fifth month in March but ...
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China to promote using wind energy to power heating

China to promote using wind energy to power heating

FILE PHOTO: A man rides an electric scooter past a wind turbine in Shanghai, China August 11, 2017. REUTERS/Aly Song April 19, 2019 BEIJING (Reuters) – China on Friday said it would promote using energy ...
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Thailand plans $630 million in economic measures to boost growth: Finance Minister

Thailand plans $630 million in economic measures to boost growth: Finance Minister

FILE PHOTO: Workers work at a construction site in central Bangkok, Thailand, September 26, 2016. REUTERS/Athit Perawongmetha April 19, 2019 BANGKOK (Reuters) – Thailand will introduce economic measures worth about 20 billion baht ($629.52 million) ...
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South Korea steps up shift to cleaner energy, sets long-term renewable power targets

South Korea steps up shift to cleaner energy, sets long-term renewable power targets

Transmission towers carrying solar and thermoelectric power from the Korea South East Power Co. (KOSEP) plant are seen in Ansan, about 80 km (50 miles) west of Seoul, July 21, 2011. REUTERS/Jo Yong-Hak April 19, ...
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Thai March exports seen falling 3 percent y/y: Reuters poll

Thai March exports seen falling 3 percent y/y: Reuters poll

FILE PHOTO: A view of the port of Bangkok, Thailand May 26, 2016. REUTERS/Jorge Silva April 19, 2019 BANGKOK (Reuters) – Thailand’s customs-cleared annual exports in March may have fallen 3 percent, a Reuters poll ...
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Japan finance minister says no change of plan to raise sales tax

Japan finance minister says no change of plan to raise sales tax

Japanese Finance Minister Taro Aso holds a news conference after the G-20 Finance Ministers and Central Bank Governors' meeting at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James ...
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Dollar steadies after upbeat U.S. data amid holiday-thin trade

Dollar steadies after upbeat U.S. data amid holiday-thin trade

An employee counts U.S dollar bills at a money exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany April 19, 2019 By Tomo Uetake TOKYO (Reuters) – The dollar steadied against ...
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China says regrets WTO panel ruling on grain import quotas

China says regrets WTO panel ruling on grain import quotas

FILE PHOTO: The World Trade Organization (WTO) headquarters are pictured in Geneva, Switzerland, July 26, 2018. REUTERS/Denis Balibouse/File Photo April 19, 2019 SHANGHAI (Reuters) – China’s Commerce Ministry said on Friday that it regrets a ...
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Japan inflation edges higher but Bank of Japan still in a bind

Japan inflation edges higher but Bank of Japan still in a bind

FILE PHOTO - A woman looks at items outside an outlet store at a shopping district in Tokyo, Japan, February 25, 2016. REUTERS/Yuya Shino April 19, 2019 By Stanley White TOKYO (Reuters) – Japan’s core ...
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Japanese firms want tax hike to proceed, but urge more stimulus to soften economic blow

Japanese firms want tax hike to proceed, but urge more stimulus to soften economic blow

Japan's Prime Minister Shinzo Abe attends a news conference at his official residence in Tokyo, Japan June 1, 2016. REUTERS/Thomas Peter April 18, 2019 By Tetsushi Kajimoto TOKYO (Reuters) – More than 60 percent of ...
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No Japanese companies plan to ditch UK as Brexit looms: survey

No Japanese companies plan to ditch UK as Brexit looms: survey

FILE PHOTO - An employees of a foreign exchange trading company works as he is seen between British Union flag and an EU flag in Tokyo, Japan, June 24, 2016. REUTERS/Issei Kato April 18, 2019 ...
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German market regulator lifts short sale ban on Wirecard

German market regulator lifts short sale ban on Wirecard

FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany September 6, 2018. REUTERS/Michael Dalder April 18, 2019 ...
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Stock ETFs, corporate bonds, junk debt enjoy another week of inflows

Stock ETFs, corporate bonds, junk debt enjoy another week of inflows

FILE PHOTO - A computer screen showing stock graphs is reflected on glasses in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis Duvignau April 18, 2019 By Jennifer Ablan (Reuters) – Investors’ ...
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Brexit inertia means London’s finance workers face summer slump

Brexit inertia means London’s finance workers face summer slump

FILE PHOTO: Workers emerge from Bank underground station with the Bank of England (L) and Royal Exchange building (R) in the City of London financial district, London, Britain, January 25, 2018. REUTERS/Toby Melville/File Photo April ...
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Exxon Mobil makes new oil discovery offshore Guyana

Exxon Mobil makes new oil discovery offshore Guyana

FILE PHOTO - A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes April 18, 2019 (Reuters) ...
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Banks ordered to disclose bondholder information to Puerto Rico board

Banks ordered to disclose bondholder information to Puerto Rico board

The flag of Puerto Rico flies outside the Capitol building in San Juan, Puerto Rico May 4, 2017. REUTERS/ Alvin Baez April 18, 2019 SAN JUAN (Reuters) – A judge on Thursday ordered banks to ...
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Earnings deluge could make or break sentiment

Earnings deluge could make or break sentiment

FILE PHOTO - A chart is displayed behind a trader on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 26, 2019. REUTERS/Lucas Jackson April ...
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National Enquirer being sold for $100 million to CEO of Hudson News

National Enquirer being sold for $100 million to CEO of Hudson News

The National Enquirer is reportedly being sold for $100 million to the CEO of Hudson News, James Cohen. The supermarket tabloid had come under fire for its alleged catch-and-kill tactics to contain negative stories about ...
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France’s main pilot union threatens week-long strike in May

France’s main pilot union threatens week-long strike in May

FILE PHOTO: Bagagge trolleys are seen at the arrivals area at the Nice Cote d'Azur international airport in Nice, September 27, 2014.REUTERS/Patrice Masante/File Photo April 18, 2019 PARIS (Reuters) – France’s main pilot union, the ...
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Canada extends deadline for Trans Mountain pipeline decision to June 18

Canada extends deadline for Trans Mountain pipeline decision to June 18

FILE PHOTO - Steel pipe to be used in the oil pipeline construction of Kinder Morgan Canada's Trans Mountain Expansion Project sit on rail cars at a stockpile site in Kamloops, British Columbia, Canada May ...
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U.S. regulators propose rule to ease leverage rule for custody banks

U.S. regulators propose rule to ease leverage rule for custody banks

The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York's financial district March 11, 2015. REUTERS/Brendan McDermid April 18, 2019 WASHINGTON (Reuters) – U.S. banking regulators on Thursday ...
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Azul no longer bidding for Avianca Brasil’s routes: CEO

Azul no longer bidding for Avianca Brasil’s routes: CEO

FILE PHOTO - An Embraer ERJ-190AR airplane of Azul Brazilian Airlines prepares to land at Santos Dumont airport in Rio de Janeiro, Brazil March 21, 2019. REUTERS/Sergio Moraes April 18, 2019 SAO PAULO (Reuters) – ...
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U.S. oil drillers cut rigs for first week in three: Baker Hughes

U.S. oil drillers cut rigs for first week in three: Baker Hughes

FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford April 18, 2019 By Scott DiSavino (Reuters) – ...
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USMCA would modestly boost U.S. economy, cut vehicle production: analysis

USMCA would modestly boost U.S. economy, cut vehicle production: analysis

FILE PHOTO: U.S. President Donald Trump, Canada's Prime Minister Justin Trudeau and Mexico's President Enrique Pena Nieto sign documents during the USMCA signing ceremony before the G20 leaders summit in Buenos Aires, Argentina November 30, ...
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Hyundai Motor names former Nissan executive Jose Munoz as COO

Hyundai Motor names former Nissan executive Jose Munoz as COO

FILE PHOTO - Jose Munoz, chief performance officer at Nissan Motor Limited, responds to a question on the new Renault-Nissan-Mitsubishi Alliance venture capital fund during roundtable with journalists at the 2018 CES in Las Vegas, ...
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U.S. Fed buys no mortgage bonds, sells none

U.S. Fed buys no mortgage bonds, sells none

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo April 18, 2019 NEW YORK, (Reuters) – The Federal Reserve bought no agency mortgage-backed securities ...
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