ARTICLES RELATING TO ECONOMY

US jobless claims up; four-week average lowest

2015-05-21 16:00

Americans filing new claims for unemployment benefits have risen slightly more than expected, but the underlying trend suggests the labour market is tightening.

Greece says it will default in June without aid

2015-05-20 16:45

Greece cannot make an upcoming payment to the International Monetary Fund on June 5 unless foreign lenders disburse more aid, says a senior ruling party lawmaker.

LA gives preliminary approval to minimum wage

2015-05-20 10:15

The Los Angeles City Council has voted to increase the minimum wage in the nation's second-largest city to $15 an hour by 2020, in a victory for labour groups.

Ukraine eyes gas imports from Romania

2015-05-19 12:09

Ukraine is interested in importing Romanian natural gas to diversify its supplies, says a senior Ukrainian energy official.

Cuba debt holder hangs on as demand builds

2015-05-19 09:30

A breakthrough in US-Cuba relations has set investors clamouring to buy the Caribbean island's long-defaulted debt but one of the private holders is not happy.

Standard Bank edges toward fingerprint banking

2015-05-18 09:00

The bank is taking baby steps towards biometrics as it updates its application with fingerprint technology.

Modi brings home $22bn in China deals

2015-05-16 22:33

Indian Prime Minister Narendra Modi has said his country was open for investment as firms signed deals worth more than $22bn with China.

Check how your salary measures up

2015-05-14 10:13

CNN has developed an online tool to measure how your salary stacks up against the global average as well as where you place.

Facebook pushes to improve pay for contractors

2015-05-14 08:24

Facebook is pushing for higher pay and improved benefits for the janitors, cooks and other workers who support its employees.

Wasting of food an 'enormous' global concern

2015-05-08 15:30

Food wasted by consumers is an enormous economic problem and nations should ensure excess food is given to the hungry, says agriculture ministers from the G20.

 

US housing construction surges to 7-year high

2015-05-21 08:33

US new home construction has jumped to its strongest pace in more than seven years in April, leaving behind the winter slowdown.

Milking it: Israel leads the way in dairy tech

2015-05-20 10:45

Israeli dairy farmers have overcome setbacks by using technology and developing equipment to boost output, making Israeli cows the most productive in the world.

India ignored warnings on foreign investor tax row

2015-05-19 13:15

India's Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign investors if it had acted on regular warning letters.

World Trade body rejects country of origin labels

2015-05-19 10:00

The World Trade Organisation has ruled against US labels on packaged steaks and other cuts of meat that say where the animals were born, raised and slaughtered.

Need a ride in busy Beijing? Dial-a-chopper

2015-05-18 11:49

A trial helicopter hailing service jointly launched by Chinese aviation operator Reignwood Star and China's taxi hailing platform promises to be a success.

OPEC unlikely to cut output: Iran official

2015-05-18 09:00

The Organisation of the Petroleum Exporting Countries is unlikely to implement a production cut at its next meeting in June, says a senior Iranian official.

US oil production 'important' : Obama

2015-05-15 10:15

President Barack Obama has called US oil production an 'important' source of energy as America transitions towards cleaner resources.

What would it take to free US oil exports?

2015-05-14 09:45

Lawmakers pushing to repeal the 1970s-era ban on US oil exports face a steep obstacle: The Obama administration sees no need to fully remove the restriction.

The IRR’s Anthea Jeffery: Ignoring the writing on the wall

2015-05-14 07:49

The power that will save South Africa in amongst the struggles we face as a nation is the people themselves.

Koos Bekker: Why global investors skip SA

2015-05-08 12:04

A real effort is needed to coordinate South Africa’s foreign investor message, Naspers chairperson Koos Bekker said on Thursday

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