Thursday, 25 April 2019
News with tag Economy  RSS
The $5 trillion global insurance industry's natural disaster problem

Added: 25.04.2019 18:21 | 1 views | 0 comments

Extreme weather events are becoming more frequent, and more costly. According to one estimate, natural disasters caused about $340 billion in damage across the world in 2017. And insurers had to pay out a record $138 billion. The $5 trillion global insurance industry plays a huge role in the U.S. economy. Insurance spending in 2017 made up about 11 percent of America's GDP. So, how will insurance companies remain profitable in an era of climate change? And what does that mean for the rest of us?

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Corporate profits and U.S. economy chug along, defying recession fears

Added: 25.04.2019 17:40 | 11 views | 0 comments

After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst.

Tags: Economy

Portugal marks 45 years of democracy but fight carries on

Added: 25.04.2019 17:19 | 8 views | 0 comments

Thousands marched in Portugal on Thursday to celebrate the almost bloodless revolution 45 years ago that ended its four-decade-long dictatorship, while politicians said that economic and social developments had not matched its democratic advance.


U.S. capital goods orders hit record high; weekly jobless claims rise

Added: 25.04.2019 16:33 | 12 views | 0 comments

New orders for U.S.-made capital goods increased by the most in eight months in March, hitting their highest level on record and brightening the outlook for manufacturing and the economy.

Tags: Economy

Tackling climate change can help economy: UK trade minister

Added: 25.04.2019 11:31 | 0 views | 0 comments

Britain's trade minister Liam Fox said tackling climate change can bring economic benefits as activists blocked key parts of London's financial district on the final day of protests that have caused mass disruption in London.


German bank body: Deutsche Bank/Commerzbank merger wouldn't make commercial sense

Added: 25.04.2019 10:51 | 11 views | 0 comments

The head of Germany's BdB banking association said on Thursday that a merger of Deutsche Bank and Commerzbank did not make sense and added that the German economy was big enough to accommodate several big banks.


Barclays may cut costs in 'challenging' economy

Added: 25.04.2019 10:05 | 11 views | 0 comments

London-based Barclays bank says it may cut costs if "challenging" economic conditions persists throughout the year.

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Thailand set to be Southeast Asia's hottest IPO market with $5 billion of planned second half floats

Added: 25.04.2019 1:11 | 20 views | 0 comments

Thailand is set to see the most funds raised from IPOs in Southeast Asia this year, with more than $5 billion expected to be garnered in the second half, sources said, as a tourist boost to the economy trumps jitters stoked by inconclusive elections.


Global warming hits sea creatures hardest

Added: 24.04.2019 22:22 | 2 views | 0 comments

Global warming has caused twice as many ocean-dwelling species as land-dwelling species to disappear from their habitats, a unique study found. The greater vulnerability of sea creatures may significantly impact human communities that rely on fish and shellfish for food and economic activity, according to the study.

Tags: Economy

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