Category Archives:

LONDON (Reuters) - Britain's pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country's new prime minister and finance minister to slash tax...

By Muyu Xu SINGAPORE (Reuters) - A U.S. Treasury official has ruled out secondary sanctions to enforce a price cap mechanism on Russian oil exports despite a proposal last week by U.S. senators. Democ...

By Leigh Thomas PARIS (Reuters) - The fight against inflation is the biggest priority, France's finance minister said on Monday as he delivered a 2023 budget subject to what he called unprecedented un...

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) - At downtown Khartoum's al-Souq al-Arabi, travel agencies helping young Sudanese seek a brighter economic future in Egypt are replacing once-...

By Stefano Rebaudo (Reuters) -Euro zone government bond yields jumped to new multi-year highs amid expectations that central banks will keep tightening their monetary policy and a fresh sell-off in Br...

By Leigh Thomas PARIS (Reuters) - Global economic growth is slowing more than was forecast a few months ago in the wake of Russia's invasion of Ukraine, as energy and inflation crises risk snowballing...

BERLIN (Reuters) - The German economy is facing recession and almost all sectors are in the red, the Ifo surveys head Klaus Wohlrabe told Reuters on Monday. Energy intensive industries are particularl...

MANILA (Reuters) - The Philippine economy will grow more slowly this year than previously thought due to the global economic slowdown and tightening financial conditions, the International Monetary Fu...

DUBAI (Reuters) - Companies in the United Arab Emirates are largely resisting demands for higher pay to offset the impact of inflation, according to a survey that showed two-thirds of companies have r...

BERLIN (Reuters) -The German economy is heading for recession, the Ifo institute said on Monday, as it reported a drop in business morale not seen since the early stages of the COVID-19 pandemic. The ...