Markets / Wall Street

Stories about the financial markets

American on trial in Japan gets support from ex-boss Ghosn

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TOKYO — Former Nissan chairman Carlos Ghosn has backed his former colleague American lawyer Greg Kelly’s insistence he is innocent of any wrongdoing. ...

Norwegian low-cost airline ‘has been saved,’ CEO says

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COPENHAGEN, Denmark — Low-cost carrier Norwegian Air Shuttle “has been saved,” its chief executive said Wednesday, adding it had “written history” as the ailing...

Corruption trial of former South African president starts

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JOHANNESBURG — The corruption trial of former South African President Jacob Zuma began Wednesday more than 25 years after some of his alleged offenses. ...

WFP boosts assistance in Lebanon as economic crisis deepens

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BEIRUT — The World Food Program said on Wednesday it is tripling its assistance to Lebanon, offering cash assistance to nearly 300,000 people amid...

Jeff Bezos says will pass baton to new Amazon CEO on July 5

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NEW YORK — Amazon founder Jeff Bezos has picked a date to step down as CEO. ...

German GDP slumps but optimism up as vaccinations increase

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BERLIN — Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading...

Withdrawal of pandemic welfare fuels poverty in Brazil

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SAO PAULO — The pandemic shantytown sprang up virtually overnight when people began using scavenged wooden boards to build shacks on a plot of...

Pork group asks USDA to support faster slaughterhouse speeds

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DES MOINES, Iowa — A group representing slaughterhouses urged the federal government Tuesday to let them continue an effort to speed up the processing...

Survey: Business economists foresee best growth in 37 years

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WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...

World Bank allocates $2 billion to fund projects in Sudan

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CAIRO — The World Bank said Monday it has allocated $2 billion to cash-stripped Sudan as the transitional government has struggled to address the...