S&P GLOBAL RATINGS lowered its 2023 growth forecast for emerging economies on Tuesday, citing persistent pressures from the Russia-Ukraine conflict, a lingering COVID-19 pandemic and tight monetary policy conditions. The ratings agency now projects real gross domestic product growth of ...
TOKYO — Toyota Motor Corp. reported on Tuesday a 23% rise in October global vehicle output, beating its own target for a third month in a row, as the industry strives to get past persistent chip shortages that have hobbled ...
BERLIN — Germany’s government on Monday defended a plan to make it easier for people to apply for citizenship, countering complaints from within the ruling coalition and the opposition that it might encourage illegal immigration. The government has said it ...
BEIJING — The rare street protests that erupted in cities across China over the weekend were a referendum against President Xi Jinping’s zero-COVID policy and the strongest public defiance during his political career, China analysts said. Not since the protests ...
New research finds 76% of UK gig workers struggle to gain access basic financial products. Rollee, a fintech start-up providing secure and consented access to income data, today reveals that over three quarters of UK gig workers surveyed struggle to gain approval ...
Nowadays, banks and non-bank financial institutions offer excellent loan products. They give you the chance to get the things you need immediately, such as a car, a house, etc., or help you pay household bills and old debts. But regardless ...
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlier this month. The filing in a New Jersey court comes as crypto prices have plummeted. The price of bitcoin BTC=, the most ...
TOKYO – Japanese retail sales marked an eighth successive month of annual growth in October, data showed on Tuesday, after full reopening of borders added to the boost from this year’s dismantling of internal pandemic control measures. There was little growth from September, however, as Japanese households were squeezed by inflation running ...
SYDNEY – Australia’s Great Barrier Reef should be listed as a world heritage site that is “in danger”, a UN panel recommended on Tuesday, saying the world’s biggest coral reef ecosystem was significantly impacted by climate change and warming of oceans. Frequent bleaching events are threatening the reef, including four over the ...
Spending on Cyber Monday, the biggest US online shopping day, may hit a record $11.6 billion according to one preliminary estimate, as discounts on everything from pajamas to AirPods tempt shoppers to click “buy” despite the strain on household budgets from high inflation. The ...