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Oil weakens on demand concerns as focus turns to Fed
Oil weakens on demand concerns as focus turns to Fed
By Alex Lawler LONDON Oil fell on Thursday as worries about weakening demand in a global economic slowdown
2023-06-08 17:51
Europe's economy has shrunk. For households that are hurting, it's just numbers
Europe's economy has shrunk. For households that are hurting, it's just numbers
The European economy has contracted slightly at the end of last year and beginning of 2023
2023-06-08 17:50
Eurozone in recession at start of 2023
Eurozone in recession at start of 2023
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from...
2023-06-08 17:49
Ukraine Promises Embassies, Grain to Counter Russia’s Influence in Africa
Ukraine Promises Embassies, Grain to Counter Russia’s Influence in Africa
Ukrainian Foreign Minister Dmytro Kuleba laid out his country’s plans to counter Russia’s influence in Africa, while saying
2023-06-08 17:47
Turkey State Lenders Return to Lira’s Defense After Sharp Drop
Turkey State Lenders Return to Lira’s Defense After Sharp Drop
Turkish state lenders returned to supporting the lira after a temporary halt to dollar sales on Wednesday triggered
2023-06-08 17:29
GoTo CEO Soelistyo to Step Down, Patrick Walujo Named Successor
GoTo CEO Soelistyo to Step Down, Patrick Walujo Named Successor
Andre Soelistyo will step down as chief executive officer of GoTo Group, a surprise move that comes just
2023-06-08 17:28
Philippines Cuts Banks’ Reserve Ratio, Flags Extended Rate Pause
Philippines Cuts Banks’ Reserve Ratio, Flags Extended Rate Pause
The Philippine central bank is reducing lenders’ reserve requirement ratio at the end of the month, Governor Felipe
2023-06-08 17:28
Euro Zone Succumbs to Mildest of Recessions on Energy Shock
Euro Zone Succumbs to Mildest of Recessions on Energy Shock
The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy
2023-06-08 17:26
Britain’s Labor Market Loosens With More Returning to Workforce
Britain’s Labor Market Loosens With More Returning to Workforce
Britain’s red-hot labor market cooled last month with the supply of workers expanding at the quickest pace in
2023-06-08 17:19
Eurozone slips into recession after revised data shows two quarters of economic contraction
Eurozone slips into recession after revised data shows two quarters of economic contraction
The 20 countries that use the euro as their currency fell into a mild recession around the turn of the year, although the broader European economy avoided the downturn.
2023-06-08 17:15
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and
2023-06-08 16:57
Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says
Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says
By Foo Yun Chee LUXEMBOURG Amazon should not pay 250 million euros ($268 million)in back taxes to Luxembourg
2023-06-08 16:54
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