London: The UK economy unexpectedly stalled in February with the country facing more strikes as a cost-of-living crisis erodes the value of wages,...
London: The UK economy unexpectedly stalled in February with the country facing more strikes as a cost-of-living crisis erodes the value of wages,...
ISLAMABAD: The International Monetary Fund has slashed the growth outlook for cash-strapped Pakistan, forecasting the South Asian country's fragile economy will grow just...
The International Monetary Fund (IMF) slightly lowered its outlook for the global economy yesterday, saying that the global economy will grow by 2.8...
Tech giant Amazon has been conspicuously absent from the mounting AI wars in Silicon Valley, despite its years-long development of voice assistant Alexa...
When chef André Magalhães opened Taberna da Rua das Flores in central Lisbon in 2012, he had to use a camping stove to...
Washington: The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told...
DETROIT: Tesla cut prices on its entire USelectric vehicle model lineup for the third time this year in an apparent effort to lure...
WASHINGTON: The International Monetary Fund chief said on Thursday the world economy is expected to grow less than 3% in 2023, down from...
Raghuram Rajan - the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ago - warned...
Geneva: The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging...
Mastercard Inc. wants the plastic in consumers’ wallets to do less damage to the environment. Starting in 2028, the company will require all...
Zurich: Credit Suisse chairman Axel Lehmann said on Tuesday he was "truly sorry" that the beleaguered bank could not be saved as he...
McDonald’s has closed its U.S. offices through Wednesday and told its corporate staff to work remotely as it prepares to announce a round...
Geneva: Swiss federal prosecutors said Sunday that they had opened an inquiry into the UBS takeover of its embattled banking rival Credit Suisse,...
India’s unemployment rate climbed to a three-month high of 7.8% in March amid concerns a global slowdown will hurt Asia’s third-largest economy. Urban...
Geneva: The merger between banks Credit Suisse and UBS could see up to 36,000 jobs being cut across the world, the SonntagsZeitung weekly...
President Joe Biden’s hunt for a Federal Reserve vice chair is down to a handful of candidates and the administration has the banking...
Credit Suisse Group AG continues to help rich Americans hide assets from the IRS almost a decade after a unit pleaded guilty to...