Markets

U.S. farm bankruptcy rates jumped 20per cent in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.

Investors hoping a late-2019 rise in oil prices will buoy energy stocks are likely to be disappointed when a raft of companies report results in coming weeks.

Financial vulnerabilities like high household debt could undermine central bank efforts to keep inflation in check, since they potentially limit the effectiveness of rate cuts, a top Bank of Canada official said on Thursday.

U.S. Secretary of State Mike Pompeo on Thursday urged the European Union to exclude "high-risk" suppliers from all parts of 5G networks.

Canadian Imperial Bank of Commerce will lay off employees in the months ahead to cut costs, a memo obtained by Reuters showed.

WASHINGTON: The US economy in 2019 expanded by the slowest rate since President Donald Trump took office as worsening trade friction undermined investment and exports, according to new government data released on Thursday (Jan 30). The US$21 trillion economy grew by 2.3 per cent compared to 2018 ...

Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into small asset manager Sofia SGR, two sources with direct knowledge of the matter said.

Apple Inc said on Thursday it has rolled out a redesigned version of its Maps for users in the United States, offering features including indoor maps of airports and malls.

MEXICO CITY: Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly-signed USMCA trade pact. In response to a letter earlier...

The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much higher than initially estimated.