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EU launches new investigation into Chinese steel imports


BRUSSELS The European Union has launched a new investigation into whether Chinese manufacturers are selling steel into Europe at unfairly low prices, a case Beijing said it viewed with deep concern.

Business leaders urge G20 to resist protectionism

BERLIN A group of business executives has urged the Group of 20 leading economies to resist the temptation to take protectionist measures and to foster international economic cooperation.

Business, 09 Dec 2016

EU optimistic Basel bank capital deal can be reached in January

LONDON The European Union is confident that a deal on how much capital banks must hold to avoid a repeat of the financial crisis can be reached in January, a top official said, as policymakers and global banking regulators iron out their remaining differences.

Business, 07 Dec 2016

Exclusive - How Putin, Khamenei and Saudi prince got OPEC deal done

VIENNA Russian President Vladmir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel's first deal with non-OPEC Russia in 15 years. | Video

Business, Middle East 01 Dec 2016

Germany's Merkel says will work with Trump on climate policy

BERLIN Germany's Angela Merkel said on Wednesday she would try to work on climate policy with U.S. President-elect Donald Trump, who has said he may pull out of a landmark international accord to fight global warming.

World, 30 Nov 2016

German Finance Minister Schaeuble urges G20 to tighten cooperation

BERLIN German Finance Minister Wolfgang Schaeuble called on the G20 leading economies on Wednesday to counter economic crises with closer cooperation.

Business, 30 Nov 2016

Germany braces for rough ride at G20 helm with Trump on board

BERLIN Germany takes over the presidency of the G20 leading economies on Thursday, a platform Chancellor Angela Merkel wants to use to safeguard multilateral cooperation under threat following Donald Trump's U.S. election victory.

World, 29 Nov 2016

Germany's Merkel says G20 must tackle global steel glut

BERLIN The G20 group of leading economies must find a solution to excess capacity in the global steel industry, German Chancellor Angela Merkel said on Saturday, adding that overproduction in some countries was causing job losses elsewhere.

Business, 26 Nov 2016

Schaeuble to push G20 for structural reforms to prevent crisis

BERLIN Germany will push for reforms to make the world's biggest economies more competitive and protect against future crises when it takes the helm of the G20, Finance Minister Wolfgang Schaeuble said on Friday, dimming hopes of fiscal stimulus to boost growth.

Business, 25 Nov 2016

Chancellor Hammond delivers Autumn Statement on budget policy

LONDON Chancellor Philip Hammond delivered his first statement on budget policy since taking office in July following Britain's vote to leave the European Union.

Business, UK, Money, Money Home, 23 Nov 2016



Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive