ECONOMIC NEWS

Coronavirus fears hit global shares and oil price

Coronavirus fears hit global shares and oil price

Worries over the continued spread of the coronavirus have hit financial markets, with stocks from Wall Street to Tokyo declining. The three main US indexes closed down more than 1.5%, while London's FTSE 100 index ended almost 2.3% lower. Firms with significant sales...

US manufacturing output rises unexpectedly

US manufacturing output rises unexpectedly

U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products.Manufacturing production rose 0.2% last month after a downwardly revised...

What Trump wants from global trade

What Trump wants from global trade

President Donald Trump's approach to international trade is driven to a large extent by his belief that the United States is being unfairly treated by other countries. His main supporting evidence is the trade deficit - the US buys more than it sells internationally....

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