Economy
Saudi Arabia Defies Trump And Warns Of 1m Barrels A Day Cut To Crude Oil Output
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Trump in recent weeks demanded the oil cartel increase production to drive down U.S. gasoline prices. Read more
UK Economy Gets World Cup Lift Despite Brexit Uncertainty
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The British economy's third-quarter performance was the highest since the fourth quarter of 2016. Read more
US Trade Deficit With China Hits Record Despite Trump's Tariff War
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Imports climbed 1.5 percent to a record $266.6 billion in August, led by an influx of telecommunications equipment and c... Read more
Hungry And Lonely: Life In Britain's 'food Deserts'
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A study has found that more than a million low-income households live in areas known as "food deserts", where access to ... Read more
Wall St. Disconnect: Traders Panicky Despite Robust Economy
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Investors fear a constellation of concerns from rising interest rates, intensifying tensions over trade, a slowdown in C... Read more
Brexit Diet Could Lead To 5,600 Deaths A Year As Fresh Fruit And Veg Prices Shoot Up
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Brexit-related increase in trade costs will make it harder to get hold of foods that are critical components of healthy ... Read more
Italy's 'unprecedented' Budget Spooks The Financial Markets
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The European Commission issued a sharp rebuke of Italy's budget, which targets a 2.4 percent deficit for next year. Read more
China Managing Slowdown Amid US Tariffs, Has Room To Do More
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Analysts told the International Business Times that China has more policy options up its sleeves Read more
Trump Tariffs Yet To Sting China; Pain Could Begin In January
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Analysts warn the 25 percent tariffs from 2019, could slow Chinese growth, raise U.S. inflation and put more downward pr... Read more
Death Of An American Icon: Retail Giant Sears Files For Chapter 11 Bankruptcy Protection
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A decade ago shares were trading at around $141. They are now below the $1 benchmark. Read more
Superpower Showdown: Trump-Xi To Meet Next Month As Trade War Takes Toll
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Reported meeting will take place during the G-20 summit in Argentina in late November. Read more
Will Wall Street Sneeze Morph Into A Global Stock Market Pandemic?
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Losses on Wall Street rip through Asian financial markets amid fears about interest rates and trade tariffs. Read more
Bahrain Says Gulf Neighbours Will Provide Aid As Economy Weighs
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The Gulf country said Kuwait, Saudi Arabia and the United Arab Emirates will provide aid amid growing concerns over its ... Read more
President Rouhani Says Iran In 'economic Fight' With US As Discontent Mounts In Tehran
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Rouhani's comments came after protesters angered by Iran's tanking economy confronted police. Read more
Trump's Trade War Forces Harley-Davidson To Head For Europe
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Retaliatory tariffs mean motorcycles exported from the U.S. jumped between 6 percent and 31 percent - or $2,200 per aver... Read more
Tariffs Stir Unrest Among American Whiskey Producers
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The European Union will start taxing a range of U.S. imports on Friday, including Harley-Davidson bikes, cranberries, pe... Read more
UK Finance Leaders Say Openness Is Key To Future Prosperity
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Financial and trade connections with the rest of the world will help Britain's economy stay strong, according to Philip ... Read more
The Joy Of Shopping: Five Ways The High Street Can Survive The E-commerce Onslaught
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The future of retail is about social interaction. Customers want to be entertained, engaged and emotionally stimulated. Read more
Why Many Americans Aren't Benefiting From Robust US Economy
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Many in Trump's America are living paycheck-to-paycheck to succeed despite the economy's rapid improvements. Read more
U.S-China Trade War: Trump's $50bn Tariffs Will Protect High-tech 'crown Jewels'
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China's government quickly responded that it would "fight back strongly" with penalties of the same scale on American go... Read more
