VOA News - Economy  


US inflation cooled in May in sign that price pressures may be easing 

WASHINGTON —  Inflation in the United States eased in May for a second straight month, a hopef ...View More

Volvo shifts EV production to Belgium to avoid China tariffs

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expe ...View More

G7 to warn small Chinese banks over Russia ties, sources say

Washington —  U.S. officials expect the Group of Seven (G7) wealthy democracies to send a tough ...View More

No more chicken Big Macs - EU court rules against McDonald's in trademark case

Brussels —  McDonald's MCD.N does not have the right to use the term "Big Mac" for poultry pro ...View More

US farmers opt for soy to limit losses as all crop prices slump 

Chicago —  Mark Tuttle planted more soy and less corn on his northern Illinois farm this spring ...View More

Algeria seeks to lure tourists to neglected cultural, scenic glories

ORAN, Algeria —  Algeria wants to lure more visitors to the cultural and scenic treasures of A ...View More

CEOs got hefty pay raises in 2023, widening gap with workers they oversee 

New York —  The typical compensation package for chief executives who run companies in the S&am ...View More

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee 

New York —  The typical compensation package for chief executives who run companies in the S&am ...View More

Nigerian unions launch strike over failed minimum-wage negotiations 

Abuja, Nigeria —  Labor unions in Africa’s most populous nation on Monday launched an indefini ...View More

Nigeria unions begin indefinite strike as economic crisis bites 

Abuja, Nigeria —  Nigerian unions began an indefinite strike on Monday, closing schools and pu ...View More

Resurgent airlines soar towards passenger, revenue records

Dubai, United Arab Emirates —  Airlines will fly almost five billion passengers in 2024 and re ...View More

OPEC+ agrees to extend output cuts to buttress oil prices 

Vienna, Austria —  The OPEC+ group of oil-producing nations agreed Sunday to extend their prod ...View More

Next Boeing CEO should understand past mistakes, airlines boss says 

DUBAI —  The next CEO of Boeing BA.N should have an understanding of what led to its current c ...View More

ILO: Global unemployment rate falls slightly, but labor inequality persists

The global unemployment rate will fall slightly, according to a new report by the International Lab ...View More

Employees of Samsung Electronics announce first-ever strike

More than 28,000 employees of South Korea’s Samsung Electronics will stage a one-day walkout next w ...View More

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