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European Union regulators revived a push to boost competition at the bloc’s seaports following two failed attempts in the past decade, saying the market-opening steps would bolster an economy mired in recession.
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Any lament that U.S. executives are sitting on cash at their companies instead of investing in plants and equipment may be about to get louder.
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The following is a reformatted version of the prepared testimony today of Federal Reserve Chairman Ben S. Bernanke to the Joint Economic Committee of Congress.
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The World Bank pledged $1 billion in new funding for the African Great Lakes region to help increase trade, expand road networks and boost electricity generation.
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Canadian energy producers lobbying for U.S. approval of the Keystone XL pipeline are targeting undecided Democratic lawmakers in Washington in advance of a decision on the $5.3 billion project.
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Apple Inc. Chief Executive Officer Tim Cook defended his company’s use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.
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President Barack Obama told Myanmar President Thein Sein that building democracy and ending human rights abuses will bring greater prosperity to the Southeast Asian nation.
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Chief Secretary to the Treasury Danny Alexander has ruled out further cuts to welfare in the U.K. government’s Spending Review next month.
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Prime Minister Mariano Rajoy pledged to cut taxes in Spain before the next election, due in 2015, as he forecast a return to growth for the euro area’s fourth- largest economy.
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Treasury Secretary Jacob J. Lew said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he was briefed in March on an investigation of selective IRS screening of nonprofit groups though he didn’t learn details of the findings until last week.
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