Around the Globe
GBR | Sep 28, 2022
Thursday, Sep 29, 2022
LONDON (Reuters) The International Monetary Fund (IMF) openly criticised Britain’s new economic strategy on Tuesday (September 27), following another slide in bond markets that forced the Bank of England to…
LONDON (Reuters) Oil prices hit nine-month lows on Monday (September 26), driven down by an expected decline in fuel demand as rising interest rates raise the likelihood of global recession,…
The upcoming soccer World Cup in Qatar has boosted the sports economy development in China, by providing tremendous business opportunities for factory owners, broadcasting company China Central Television (CCTV) reported…
Indian tycoon Gautam Adani has climbed the wealth rankings at breakneck speed this year, having surpassed Amazon’s founder, Jeff Bezos, to become the world’s second-richest person. Adani’s fortune is up…
As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial…
NEW YORK (Reuters) Oil futures fell over three per cent to a one-week low on Thursday (September 15) on a tentative agreement that would avert a U.S. rail strike, expectations…
LONDON (Reuters) Global oil prices fell on Tuesday (September 6) after a two-day rally as concern returned about weaker demand and the prospect of more interest rate hikes, trumping support…
Leading Japanese vehicle maker Toyota Motor Corp. has seen a whopping 42 per cent fall in sales for the second quarter of this year (first quarter fiscal year). For 2021,…
LONDON (Reuters) Oil prices fell on Monday in volatile trading, ending three days of gains, on fears aggressive US interest rate hikes may lead to a global economic slowdown and…
NEW YORK (Reuters) Oil prices fell about three per cent on Tuesday (August 16) to their lowest since before Russia’s invasion of Ukraine as economic data spurred concerns about a…
(Reuters) US retailer Walmart Inc. on Monday (August 15) struck a deal with Paramount Global to offer Paramount+ streaming service to the subscribers of its membership programme in a push…
LONDON (Reuters) Oil prices inched up from multi-month lows on Monday (August 8) as lingering worries about demand weakening on the back of a darkened economic outlook outweighed some positive…