The Latest Breaking News from Economy

Inefficient use of resources and a lack of new ideas have contributed to Australia's declining productivity growth, the Productivity Commission says.

The European Union has announced plans for a major revamp of its economic strategy to meet demands of the bloc’s captains of industry

Asian shares are mixed, with Chinese markets gaining after Wall Street extended its losses on worries over inflation and tariffs

Dockworkers on the U.S. East and Gulf coasts have overwhelmingly approved a six-year contract, averting the threat of a strike that could have crippled the economy

The tranquil island is increasingly being taken over by military personnel

The EU on Wednesday proposed paring back its environmental rules to give businesses breathing room faced with US and Chinese competition -- while still vowing to decarbonise Europe's economy.

Donald Trump has reportedly agreed a deal for the US to jointly develop Ukraine’s mineral resources. Although the agreement, which has yet to be signed, is not thought to include any security guarantees for Ukraine, Kyiv will hope it will pave the way for continued US support in its fight…

The US president, Donald Trump, is challenging official figures around the country’s federal debt, suggesting possible fraud in its calculation. The president’s remarks have added a controversial twist to an issue that is both complex and consequential for the United States. And it has implications for the global economy and…

The Botswana government has signed a new diamond sales agreement crucial to its economy with the De Beers mining company after seven years of negotiations