Economy - Page 12

The surprise return of former Prime Minister David Cameron as the U.K.’s new foreign secretary brings his work for the fallen Greensill Capital back

By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat

Ever since the pandemic started to lose its grip on the economy in 2022, fears of a recession have waxed and waned. Most of

Faris Hadad-Zervos, the World Bank’s country director, announced a $150 million aid package today to support Sri Lanka’s financial stability as the country grapples

By Daniel Wiessner (Reuters) – A U.S. judge has blocked the U.S. Department of Justice from pursuing an administrative case accusing Elon Musk’s SpaceX

In a recent address at the European Central Bank Conference, Dallas Fed President Lorie Logan emphasized the need for stronger liquidity infrastructure in the

By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) -India’s industrial output rose 5.8% year-on-year in September, government data showed on Friday, lagging

BERLIN (Reuters) – The German parliament on Friday approved the implementation of a global minimum corporate tax, as part of an international deal to

European Central Bank (ECB) President Christine Lagarde has signaled a potential increase in borrowing costs should inflationary pressures persist, despite a recent slowdown in

In an effort to assess the resilience of the financial system, the Bank of England, under the direction of Andrew Bailey, initiated a ten-day