The head of Mexico's financial intelligence unit says that a former executive at the state-owned oil company who was sanctioned this week by the comptroller's office is Pemex's former director Emilio Lozoya.
Anne D'Innocenzio, Associated Press | PostedMay 23rd - 7:43am
An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers will be less equipped to handle the pain than others, leaving consumers to carry the load.
Jon Gambrell, Associated Press | PostedMay 23rd - 7:13am
For years, Iran's supreme leader only criticized the West over Tehran's nuclear deal with world powers. Now, Ayatollah Ali Khamenei is publicly chastising the country's elected president and his foreign minister as the accord unravels amid heightened tensions with the U.S.
David McHugh, Associated Press | PostedMay 23rd - 5:35am
Officials at the European Central Bank at their last meeting had grown more concerned about chances for a return to stronger economic growth in the second half of the year as they underlined their readiness to deploy more stimulus if needed.
Syrian government officials say a power station close to the rebels' last stronghold in the country's northwest has been repaired after insurgents bombed the facility the night before, kicking it off line.
David McHugh, Associated Press | PostedMay 23rd - 3:33am
The CEO of Deutsche Bank says he is ready to make "tough cuts" to improve the struggling bank's profitability and raise a "disappointing" share price as negative headlines continue to plague Germany's biggest bank.
Joe McDonald and Michael Liedtke, Associated Press | PostedMay 22nd - 11:08pm
Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths - exotic minerals used in electric cars, mobile phones and other technology.