Tag: Economy
UN envoy: South Sudan has potential, needs to hold elections
UNITED NATIONS — David Shearer said Wednesday he’s leaving the top U.N. job in South Sudan convinced the world’s youngest nation has the potential...
New Zealand bans live cow exports due to welfare concerns
WELLINGTON, New Zealand — New Zealand announced Wednesday it is banning the export of live cows and other farm animals by sea due to...
US urges Lebanese leaders to break political impasse
BEIRUT — A senior U.S. official on Wednesday berated Lebanese politicians for fighting over the formation of a new government for months while millions...
Wells Fargo profit jumps to $4.74 billion in first quarter
Wells Fargo & Co. says first-quarter net income jumped to $4.74 billion from $653 million a year earlier, when the pandemic struck the global...
Wells Fargo earned $4.74 billion in Q1, topping estimates
SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
New Treasury office to oversee billions in virus relief help
WASHINGTON — The Treasury Department has created a new office to supervise the disbursement of the billions of dollars in relief money authorized by...
Senate OKs tough former regulator as market watchdog chief
WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
UK economy grows 0.4% amid confidence from vaccine rollout
LONDON — The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines...
Spain’s PM wants EU recovery funds to transform the nation
BARCELONA, Spain — Spain's left-wing government wants the massive coronavirus windfall it will be receiving from the European Union to transform the nation after...
Syrian leader sacks Central Bank chief amid currency crash
BEIRUT — President Bashar Assad sacked the governor of war-ravaged Syria’s Central Bank on Tuesday amid a crash in the currency in recent months.
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