Bloomberg Orders for business equipment climbed in July for a second month, advancing the most since January and indicating US firms are becoming less reluctant to invest. Bookings for non-military capital goods excluding aircraft rose 1.6%, exceeding the most optimistic forecast in a Bloomberg survey, after a 0.5% June gain, Commerce Department data showed Thursday. Demand for all durable …

  AFP The number of unemployed young people is set to swell by 500,000 worldwide this year to reach 71 million, marking the first hike in three years, the UN said Wednesday. In a new report, the UN’s labour agency estimated that the global youth unemployment rate would reach 13.1 percent in 2016, up from 12.9 percent in 2015, and …

  Brasília / AFP The impeachment trial of Brazil’s first woman president, Dilma Rousseff, got underway on Thursday with high expectations that the suspended leader of Latin America’s biggest economy will be sacked within days. The Senate trial was opened by Supreme Court president Ricardo Lewandowski half an hour late in the blue-carpeted chamber at 9:30 am (1230 GMT). The …