global recession

Monte dei Paschi di Siena, Upholding a Legacy of Empowering the Underprivileged

Monte dei Paschi di Siena, the world's oldest bank, continues to face significant challenges as it grapples with financial difficulties…

2 years ago

Oil rises on demand optimism as China borders reopen

Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and…

3 years ago

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with…

3 years ago

Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to…

3 years ago

China’s trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and…

3 years ago

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from…

3 years ago

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

Sri Lanka announces budget aimed at clinching IMF deal, sees recovery by end-2023

The crisis-hit Sri Lankan economy can turnaround by end of 2023 if budget policies, which are not limited to the…

3 years ago

Futures tick down ahead of big bank earnings, retail sales data

U.S. stock index futures edged lower on Friday as caution kicked in ahead of quarterly results from four of the…

3 years ago

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stock markets chalked up modest gains on Monday after last week's hefty losses as investors braced for a host of…

3 years ago