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  • Egypt stock market loses $3B amid oil plunge Sunday, 14 Dec 2014 | 9:47 AM ET

    CAIRO— Egypt's stock market shares plunged by 22 billion Egyptian pounds in Sunday trading as low oil prices dragged down regional economies. The markets in Egypt and Gulf Arab countries "are correlated in terms of their performance because the investor base intersects." Any net benefit for Egypt from the decline in oil prices hinges on the willingness of the...

  • New York to provide company grants, tax breaks Thursday, 11 Dec 2014 | 3:05 AM ET

    The announcements, which drew hundreds of municipal and business representatives to Albany, are for the fourth year of regional economic development programs. Awards included $81.9 million for Long Island, $82.8 million for the mid-Hudson region, $80.8 million for the Southern Tier, $80.7 million for the Finger Lakes region and $80.2 million for central New...

  • Eurozone extends Greek bailout for 2 months Monday, 8 Dec 2014 | 7:28 AM ET

    European Union loans are due to stop at year end as Greece recovers from its economic crisis and debt default. Greece would then be switched from bailout loans to a standby credit line with less onerous conditions. Greek Prime Minister Antonis Samaras is eager to leave behind the unpopular bailout regime that has seen other eurozone governments and the...

  • WASHINGTON, Dec 3- U.S. economic activity continued to expand in October and November, with lower gasoline prices boosting consumer spending, the Federal Reserve said on Wednesday. In its Beige Book report of anecdotal information on business activity collected from contacts nationwide on or before Nov. 24, the U.S. central bank said a number of its districts...

  • DIARY -Top economic events to Dec 15 Tuesday, 2 Dec 2014 | 7:01 PM ET

    CHARLOTTE, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the Charlotte Economics Club- 1730 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1900 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard and former Federal Reserve vice chair Donald Kohn...

  • BULLARD SAYS GLOBAL MARKET RECESSION FEARS FROM WEAKER EUROPEAN ECONOMY WERE OVERSTATED.

  • MEXICO CITY, Oct 31- Mexico and its main construction companies could help carry out a plan to spur economic growth and jobs in Central America to stem illegal immigration to the United States, a senior Mexican government official said on Friday. Struggling to stop a record flood of child migrants to the United States earlier this year, Guatemala, Honduras and El...

  • MSCI's emerging equity index slipped 0.9 percent after the previous day's 1 percent fall, sparked by a Wall Street rout and flight to safe-haven bonds after disappointing U.S. data reinforced worries about the global economy. Dubai's stock market fell 2.4 percent while Abu Dhabi's index slipped 2.1 percent and Qatar slid 1.4 percent. While central Europe is...

  • WASHINGTON, Oct 15- The U.S. economy expanded at a "modest to moderate" pace across much of the nation in recent weeks, the Federal Reserve said on Wednesday, giving a picture of stable economic growth despite recent signs of weakness. In its Beige Book report of anecdotal information on business activity collected from contacts across the nation, the central bank...

  • WASHINGTON, Sept 17- The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

  • SINGAPORE, Sept 17- Business sentiment among Asia's top companies fell sharply in the third quarter, weighed down by worries about China's slowing economy, a possible end to the U.S. Federal Reserve's stimulus policy and a decline in the outlook for regional economic hubs like Singapore, a ThomsonReuters/INSEAD survey showed.

  • WASHINGTON, Aug 28- The worst ever outbreak of the Ebola disease is likely to lead to sharply lower growth in Guinea, Liberia and Sierra Leone and raise financing needs in all three West African countries, an IMF spokesman said on Thursday.

  • WASHINGTON, Aug 28- The worst ever outbreak of the Ebola disease is likely to lead to "sharply" lower growth in Guinea, Liberia and Sierra Leone and raise financing needs in all three West African countries, an IMF spokesman said on Thursday.

  • MEXICO'S ECONOMY MINISTRY SAYS WILL CONTINUE TO DEFEND ITS RIGHTS AND WILL EXPLORE AVAILABLE LEGAL ROUTES TO PROTECT MEXICO'S INTERESTS UNDER THE AEGIS OF NAFTA, WTO.

  • MEXICO'S ECONOMY MINISTRY SAYS WILL CONTINUE DIALOGUE WITH U.S.

  • CRUDE FUTURES DROP $1 TO $96.59/ BBL AS AMPLE SUPPLY, WEAK EUROPEAN ECONOMIC DATA APPLY PRESSURE.

  • *Germany surprises by slipping into contraction. *France flatlines, government rips up growth forecast. BERLIN/ PARIS, Aug 14- Germany's economy shrank in the second quarter and France again managed to conjure up no growth, data showed on Thursday, snuffing out any signs of a recovery in the euro zone which is now weighed down by tit-for-tat sanctions with Russia.

  • FRANKFURT, Aug 6- European Central Bank President Mario Draghi held talks with incoming European Commission chief Jean-Claude Juncker on Wednesday, against the backdrop of a debate among euro zone policymakers about their fiscal rules.

  • China's local GDP data points to recovery, rebalancing Wednesday, 30 Jul 2014 | 2:26 AM ET

    BEIJING, July 30- China's regional economies enjoyed a revival in growth in the second quarter, data from provincial governments showed, chiming with earlier figures that suggest a burst of government stimulus measures is re-invigorating activity. Growth also diverged sharply between eastern and western China.

  • NEW YORK, July 29- U.S. Ten-year German government bond yields, the benchmark for euro zone borrowing costs, hit record lows of 1.12 percent, as the prospect of a fresh round of long-term loans to banks from the European Central Bank from September supported euro zone debt.