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Trade


1 to 10 of 22 stories over past 30 days    view more

Oil drops 4.7 percent, down $100 from record

NEW YORK, Dec. 2, 2008 (Reuters) — Oil prices fell nearly 5 percent to below $47 a barrel on Tuesday, down $100 from their peak, driven down by a gloomy economic outlook and news that OPEC made only two-thirds of its pledged supply cuts in November. ...  > full story

Obama pledges to help states weather recession

CHICAGO, Dec. 2, 2008 (Reuters) — President-elect Barack Obama on Tuesday pledged to help state governors cope with a deepening recession and asked them to help craft a massive stimulus package to create jobs and tackle the crumbling economy. ...  > full story

U.S. automakers seek plan as Europe looks to bolster banks

NEW YORK/BRUSSELS, Dec. 2, 2008 (Reuters) — U.S. automakers rushed to submit restructuring plans to secure government aid on Tuesday while European ministers and Japan took steps to pump credit into the economy. ...  > full story

China calls off EU summit over Dalai Lama visit

BRUSSELS, Nov. 26, 2008 (Reuters) — China, angry at plans for Tibet's spiritual leader the Dalai Lama to visit Europe, has called off a summit with the European Union next Monday which may have forged a joint response to the global economic crisis. ...  > full story

Recession keeps more Americans home for holidays

WASHINGTON, Nov. 25, 2008 (Reuters) — More Americans will stay close to home during the holiday season because of financial woes instead of traveling to see family, marking the first decline in Thanksgiving travel since 2002, a motorist group said. ...  > full story

APEC leaders commit to quick economic action

LIMA, Nov. 24, 2008 (Reuters) — The United States, China, Japan and 18 other economies in Asia and the Americas promised fast and decisive action on Sunday to prevent a severe global economic downturn. ...  > full story

Bush pledges final hard push for Doha round

LIMA, Nov. 22, 2008 (Reuters) — U.S. President George W. Bush preached a message of "free markets, free trade and free people" on Saturday at his last international summit, pledging to use his remaining time in office to work toward a successful conclusion of a global trade deal. ...  > full story

Obama says long haul ahead

LONDON, Nov. 22, 2008 (Reuters) — President-elect Barack Obama said on Saturday he was crafting a two-year plan to fight an economic crisis of "historic proportions" and Chinese leader Hu Jintao said his country was ready to play a big role in the global effort. ...  > full story

Obama taps Arizona governor for homeland security: report

WASHINGTON, Nov. 20, 2008 (Reuters) — U.S. President-elect Barack Obama's top choice to lead the U.S. Department of Homeland Security is Arizona Gov. Janet Napolitano, CNN reported on Wednesday, citing multiple sources. ...  > full story

Consumer prices, home starts plunge in October

WASHINGTON, Nov. 19, 2008 (Reuters) — Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep. ...  > full story
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