Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

US FAA strikes to streamline key industrial area launch hurdle

By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration stated Friday it was transferring to streamline a key industrial area launch and reentry license hurdle, declaring some flight security analyses in California, Florida, and Virginia fulfill necessities. The FAA…

China has room to chop RRR additional, PBOC official says

BEIJING (Reuters) – China has room to additional minimize the reserve requirement ratio, with the typical RRR now at 6.6%, a central financial institution official mentioned on Saturday, in response to state broadcaster CCTV. China mentioned this week it would…