IMF’s Georgieva says 2023 may be a difficult year for the world economy According to the lead of the international Monetary Fund, 2023 will be a stimulating year for most of the comprehensive ...
FedEx reduces its projection & cautions of a worsening economy; shares fall 16% A global demand slump began at the end of August and was expected to get worse in the November quarter, ...
As inflation takes a pinch, the U.S. economy moderately recovered in the second quarter As businesses increased exports and kept up a robust pace of equipment expenditure, the U.S. economy allegedly had a modest ...
Global economies struggle as oil supplies tighten, volatile stakes Monday saw the economic front in an unstable state, as oil prices plummet and bring down previously gathered total profit. ...
Central bank warns about global supply disruptions Keeping the inflation elevated longer, the supply constraints thwarting global economic growth could still get worse. The world’s top central ...
Pound set for worst week in months as global jitters boost dollar Sterling touched one-month lows against a robust dollar and the euro. This has capped the pound’s worst week in months ...
New Zealand holds rate at record low as fresh Covid outbreak strokes uncertainty New Zealand’s central bank left interest rates unchanged at a record low of 0.25%, as policymakers quickly shifted gears after ...
Irish government to begin phased exit from Bank of Ireland holding Finance Minister Paschal Donohoe said that the Ireland’s government will begin to sell down part of its 13.9% shareholding in ...
Euro zone at a turning point but too early to debate end of ECB help: Lagarde The euro zone economy is at a turning point. ECB President Christine Lagarde told Politico in an interview that its ...
Bank of England tells banks to quantify climate risks Bank of England executive director Sarah Breeden said that by 2050, banks and insurers are underestimating the potential impact of ...