recession

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: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago

European stocks hit six-week high, investors focus on Fed

European stocks rose in early trading on Tuesday, supported by speculation among investors that central banks could come to the…

3 years ago

Blackstone to buy majority stake in Emerson’s climate tech unit in $14 bln deal

Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values it…

3 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

Global bond funds see biggest outflows in two decades

Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty…

3 years ago

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns…

3 years ago

JPMorgan upbeat on Greek banks, upgrades Piraeus to ‘overweight’

JPMorgan upgraded Piraeus Bank (BOPr.AT) to "overweight" and said it was positive on Greece's four big banks in a research report published…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago