economy

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Oil rises on prospect of OPEC+ supply cut

Oil rose on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset…

3 years ago

Sony to buy mobile game developer in push beyond consoles

Sony Group Corp (6758.T) on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Ukraine economy could grow by 15.5% in 2023 after deep fall – minister

Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military…

3 years ago

Gas price surge, recession fears weigh on European shares

European shares slipped on Tuesday as investors fretted about soaring energy prices and a weak economic outlook after data showed…

3 years ago

EXCLUSIVE Allianz in talks with banks for China asset management venture -sources

Allianz SE (ALVG.DE) is in talks with Chinese banks to set up a majority-owned asset management venture in the world's second-largest economy,…

3 years ago

European stocks eye worst day in over a month on looming energy crisis

European shares were on Monday set for their worst day in more than a month as worries about tightening gas…

3 years ago

UK midcaps at three-week low as recession fears grow

UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears…

3 years ago

Analysis: Democrats score big wins on climate, drugs with $430 billion U.S. Senate bill

Democrats scored a major policy victory when the U.S. Senate passed a $430 billion climate change, healthcare and tax bill…

3 years ago