July 27- Coca-Cola Co reported lower-than-expected quarterly revenue due to weakness in China and certain Latin American economies, and the company warned of no improvement in those markets for the rest of the year. Sales in China are being pressured as wholesalers bring down inventory levels in response to weakening consumer environment in the country,... » Read More
George Osborne, the U.K.'s finance minister, will announce this year's budget on Wednesday and is expected to cut public spending further, despite the slowing British economy.
President Barack Obama and Southeast Asian leaders turned their attention to China on Tuesday on the second day of a summit intended to improve commercial links and provide a united front on maritime disputes with Beijing. After a first day discussing trade and economic issues at the Sunnylands resort in California, Obama and his Association of Southeast...
WASHINGTON, Feb 5- President Barack Obama on Friday said the latest jobs report showing the unemployment rate at an eight-year low of 4.9 percent was a testament to the strength of the American economy. "We should be proud of the progress we've made," Obama told reporters in the White House briefing room. But Obama noted "softness" in China, Europe and other economies...
SANTIAGO, Feb 2- Turkey aims to boost trade with Latin America more than two-fold by 2023, in a bid to diversify away from its traditional export markets in the troubled economies of Europe and the Middle East, Economy Minister Mustafa Elitas said on Monday. Citing the advantages of having a free trade agreement with Chile that aims to yield $1 billion in...
Lars Machenil, CFO of BNP Paribas, talks about whether or not the bank will boost the capital ratio above regulatory requirements like some of its rivals.
A rescue program agreed for Cyprus on Monday represents a new template for resolving euro zone banking problems, the head of the region's finance ministers said.
Michael McCarthy, Chief Market Strategist, CMC Markets says that the current market pull-back is an opportunity to buy stocks. But investors should practice caution.
China’s economic slowdown is not good for the U.S., as exports to China create jobs for Americans. And economists doubt that China will return to its previous growth rates, the Fiscal Times reports.
Adrian Mowat, JPMorgan chief Asian equity strategist, provides perspective ahead of China's latest GDP figures and discusses whether the country's economy is headed for a hard landing.