France’s Macron tells global CEOs: we’re open for business

PARIS — France’s president is taking on the role of salesman in chief for his strike-battered country. Emmanuel Macron used the splendor of the Palace of Versailles to woo international business leaders on Monday, insisting that his reforms are attracting investors despite six weeks of crippling protests and walkouts over his plan to overhaul the […]

Google CEO calls for regulation of artificial intelligence

LONDON — Google’s chief executive called Monday for a balanced approach to regulating artificial intelligence, telling a European audience that the technology brings benefits but also “negative consequences.” Sundar Pichai’s comments come as lawmakers and governments seriously consider putting limits on how artificial intelligence is used. “There is no question in my mind that artificial […]

NPR hires Gura as biz correspondent

I am more than delighted to announce that David Gura is joining NPR full time, as a business correspondent covering Wall Street, markets and finance. He starts as a public media intern: David is no stranger to NPR, having launched his career with a public radio internship at North Carolina Public Radio, his hometown station WUNC in Chapel […]

IMF: Low rates and reduced trade tension to aid world growth

WASHINGTON — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That’s the view of the International Monetary Fund, which foresees world economic growth accelerating from 2.9 per cent last year to 3.3 per cent in 2020 and 3.4 per cent in […]

Rising inequality eroding trust in capitalism – survey

DAVOS, Switzerland — Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos. Among those surveyed in the report published Monday, 56% thought that capitalism was doing more harm than […]

Rising inequality eroding trust in capitalism – survey

DAVOS, Switzerland — Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos. Among those surveyed in the report published Monday, 56% thought that capitalism was doing more harm than […]

World shares mixed ahead of central bank decisions

TOKYO — Stock markets were trading in narrow ranges Monday as investors awaited central bank decisions and earnings reports due out in coming weeks. U.S. stock markets will be closed in observance of the Martin Luther King Jr. holiday. In Europe, France’s CAC 40 declined 0.2% to 6,089, while Germany’s DAX edged up 0.1% to […]

Britain’s EU Journey: When Churchill urged European unity

LONDON — Britain officially leaves the European Union on Jan. 31 after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. Difficult negotiations setting out the new relationship between Britain and its European neighbours will continue throughout 2020. This series of stories chronicles Britain’s tortured relationship with Europe from […]