Tag: Economy

The European Central Bank (ECB) seems all but certain to declare on Thursday that its years of bond-buying stimulus have come to an end and that soaring inflation means interest ...

Part of April’s increase may be blamed on people staying in to save money, says ONS. Consumers in Great Britain kept on spending last month even with the highest inflation ...

The world's top finance ministers and central bankers meeting around Germany's Dragon's Rock on May 19 have their beast to kill: stagflation. The Group of Seven financial leaders is coming ...

The former Goldman Sachs (GS.N) CEO Lloyd Blankfein said on May 15 that he is certain the economy is at risk of possibly going into a recession. He made his ...

Britain launched long-awaited plans on May 10 for a new accounting watchdog to restructure the audit market four years after the collapse of builder Carillion weakened investor confidence in company ...

According to two people familiar with this matter, if Moscow moves to de-list Russian companies' depositary receipts from foreign exchanges, Russian firms and global banks including Deutsche Bank, JPMorgan, BNY ...

The world’s largest fund manager refuses to delay or reduce payments on Zambia’s debt, anti-poverty campaigners said The world’s largest fund manager, BlackRock, has come under intensified pressure to delay ...

On April 14, Tencent announced that it had rolled out a wallet that lets users execute transactions using China’s central bank digital currency. While undergoing A/B testing, the Tencent e-CNY ...

The IMF said on April 11 that it aims to stave off defaults using better mechanisms for dealing with sovereign debt stress. The decision came as a necessity since poor ...

As a result of the invasion of Ukraine, many surrounding countries will suffer severe hardship, with Russia predicted to fall into recession, World Bank says World Bank has said that ...