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Protest begins against billion-dollar Southern Copper mining project in Peru


LIMA Protesters blocked a portion of Peru's main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that has been a lightning rod for conflict.

Most big companies fail to report role in deforestation, charity says

LONDON Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change, according to a report published on Tuesday.

7:11pm EDT

Canadian home sales fall for the first time in four months: CREA

OTTAWA Resales of Canadian homes fell 0.2% in June from the previous month, the Canadian Real Estate Association said on Monday in the first decline reported since home sales plunged in February.

9:57am EDT

Zimbabwe inflation almost doubles, stirring memories of economic chaos

JOHANNESBURG/LONDON Prices of cooking oil and other basics soared in Zimbabwe as inflation nearly doubled in June, data showed on Monday, piling pressure on a population struggling with shortages and stirring memories of economic chaos a decade ago.

9:37am EDT

Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations

A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

9:32am EDT

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

WASHINGTON The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly. | Video

8:43am EDT

China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

BEIJING China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. | Video

8:36am EDT

Cash still king for Germans, despite five years of zero rates

FRANKFURT Saving account rates have been stuck at zero for years but Germans - traditionally among Europe's most investment-averse householders - are stashing even more cash at the bank than they did in 2014, Bundesbank data showed on Monday.

7:39am EDT

India's DHFL says working with creditors to avoid haircut

BENGALURU Crisis-hit Indian property finance firm Dewan Housing Finance Corp Ltd (DHFL) said https://www.bseindia.com/xml-data/corpfiling/AttachLive/aa501b83-4648-4228-9d27-8f6e0fab934e.pdf on Monday it was working closely with its creditors and stakeholders on a resolution plan that would not require its lenders to take a haircut.

4:13am EDT

Abu Dhabi sovereign fund to boost active investments in fixed-income

ABU DHABI Abu Dhabi Investment Authority (ADIA), the world's third-biggest sovereign wealth fund, plans to increase active investments in fixed-income in the coming years, reducing its reliance on passive investments.

1:10am EDT