Markets
Lean Times Drive Fiat’s Maserati To Test Drive Reinvented Ghibli
In these lean economic times, even supercar makers are reaching down-market—which for Maserati means a price tag below 100,000 euros ($131,000). The Italian company owned by Fiat is reinventing its ...
Climate Change Winner: Warming Could Make Montana Wine Region
Climate change warnings tend to focus on the losers, but western Montana would come up a winery winner, according to a new scientific analysis of temperature trends. "Winter temperatures have been a ...
Brazil To See Weaker Growth: IMF
Brazil and other Latin American countries need to realize their economic boom could be over because of cooler global demand for their minerals and farm goods, International Monetary Fund officials ...China Moves to Curb Money Laundering; Banks Must Rate ‘Dirty’ Clients
Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of ...PartnerRe Announces More Internal Restructuring; 140 Positions Cut
On Wednesday, PartnerRe Ltd. announced the restructuring of its business support operations into a single integrated worldwide support platform. The reinsurer said the new organizational structure ...
Momentum Building for Letting Japan Join Trans-Pacific Trade Talks
Eleven countries negotiating a proposed free trade agreement in the Asia-Pacific appear to be on the verge of formally inviting Japan into the talks, diplomatic and industry sources said on Thursday. ...
U.S., UK Favor Including Financial Services in EU Trade Pact
The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation European Union, the British ambassador to the United States said ...
Harvard Economists Acknowledge Errors in Austerity Research Paper
Two eminent Harvard economists on Wednesday acknowledged errors in a study that has been cited by policymakers around the world as justification for government austerity campaigns, but said the ...