Economy

Economy News

China data to show sharp March deterioration as COVID bites, but solid first-quarter growth: Reuters poll

By Kevin Yao BEIJING (Reuters) – China is expected to report a sharp deterioration in economic activity in March as COVID-19 outbreaks and lockdowns hit consumers and factories, although first-quarter.

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Economy News

Ukraine’s GDP may fall between 30%-50% in 2022 – Finance Minister

(Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. (Reporting in Kyiv by Pavel.

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Economy News

Ukraine’s prime minister, finance officials to visit Washington next week

WASHINGTON (Reuters) – Ukrainian Prime Minister Denys Shmyhal and top Ukrainian finance officials will visit Washington next week during the spring meetings of the International Monetary Fund and World Bank,.

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Business Economy News

Despite war ban, Russian seafood could enter the US anyway

The US ban on Russian seafood imports may not be stopping billions of dollars from going to Russia and its war in Ukraine. Fishing is big business in Russia, one.

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Economy News

How China’s Covid Flare-Up Has A “Very High” Economic Cost

Economic Impact Of Covid In China: Growth in China’s economy was already slowing in the latter half of last year with a property market slump and regulatory crackdowns, leading policymakers.

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Economy News

China cuts reserve requirements for banks as economy slows

By Stella Qiu and Kevin Yao BEIJING (Reuters) -China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this.

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Economy News

Oil firms secure injunctions to stop UK climate protests

LONDON (Reuters) – Three firms involved in Britain’s oil sector, including ExxonMobil (NYSE:XOM), have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month,.

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Economy News

Russian cenbank says wants rouble rate to be determined by market

(Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing principles and a rouble exchange rated determined by the market,.

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Business Economy News

Investors turn to defensive stocks as economic concerns grow

By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they.

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Economy News

Ukraine’s prime minister, finance officials to visit Washington next week

By Andrea Shalal WASHINGTON (Reuters) – Ukrainian Prime Minister Denys Shmyhal and top Ukrainian finance officials will visit Washington next week during the spring meetings of the International Monetary Fund.

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