averts

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

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Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as revised official data on Monday showed the economy returned to growth in the the October-December period last year, bolstered by strong capital expenditure. The upward revisions though were weaker than estimated, with private consumption remaining … Read more

Puerto Rico averts strike at biggest public health institution after reaching a deal with workers

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SAN JUAN, Puerto Rico — Puerto Rico’s government narrowly avoided an indefinite strike at the U.S. territory’s biggest public health institution after reaching an agreement Thursday with union leaders. The looming strike at the Medical Center in the capital of San Juan was scheduled to start Friday at midnight. It would have been the newest … Read more