Economy

Lower turkey costs set table for cheaper US Thanksgiving feast this year

Turkey prices dropped 6% on cooling demand as some consumers opted to add beef and pork to the menu, market analysts said

Zambia, Zimbabwe seek move to wind, solar to avert power shortages

The countries are experiencing their worst recorded drought, which is drying up the Kariba Dam reservoir and causing hourslong power cuts

Greece to repay chunk of bailout debt early

Prime Minister Kyriakos Mitsotakis describes the move as a signal of the nation’s fiscal recovery

Debt-saddled Laos struggles to tame rampant inflation

Prices rocketed 23% in 2022 and 31% last year

Foreign acquisition of US Steel faces cooler temperatures after presidential election

Before the U.S. presidential election, Joe Biden and Donald Trump opposed a Japanese company’s planned $14 billion purchase of U.S. Steel. With the election over, there are indications that the deal may go through. VOA’s Steve Herman went to Braddock, Pennsylvania, to gauge local sentiment.

Analysts skeptical about African impact of China’s zero-tariff offer

China’s trade offer may help Chinese businesses more than African firms, they say

Bain: Global luxury sales to fall 2% in 2024, among weakest years on record

Luxury industry lost 50 million consumers in past two years

As data center industry booms, English village becomes battleground

Such projects pit business considerations, national priorities and local interests against each other

Germany's Scholz summons top ministers over rival plans to fix economy 

A worsening business outlook has widened divisions in Scholz's ideologically disparate coalition over policy measures to drive growth, protect industrial jobs

US employers add 12,000 jobs last month as hurricanes, strikes reduce payrolls

The report provides a blurry view of the job market at the end of the 2024 presidential race

Chinese online retailer Temu faces EU probe into rogue traders, illegal goods