Economic Indicators

China summons US envoy to protest detention of Huawei exec

China has summoned the Canadian ambassador to protest the detention of a top executive of leading Chinese tech giant Huawei, calling it "unreasonable, unconscionable, and vile in nature" and warning of "grave consequences" if she is not released.

Mexico starts oil industry 'rescue' with refinery overhaul

Mexico's new government has detailed plans to build an oil refinery in the home state of President Andres Manuel Lopez Obrador and to renovate six others as the oil-producing country attempts to lower its dependence on imported fuel.

Macron to break silence, address French nation amid protests

Paris monuments are reopening, cleanup workers are out on the streets and shop owners are trying to put the city on its feet again, after new protests and rioting injured 71 people in the French capital and caused widespread damage.

Insider Q&A: Zero Motorcycles' CEO on tax credits, rivals

Sam Paschel is the CEO of Zero Motorcycles Inc., a privately-held company based in Scotts Valley, California, that designs and makes electric motorcycles and powertrains, including fleet vehicles for police and the military.

GM plant closing not expected to stall Detroit's rebound

General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit.

IMF approves $3.7 billion loan for oil-rich Angola

The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president took office last year.