Economy

Economy News

China April factory activity contracts at steeper pace as lockdowns bite

BEIJING (Reuters) – China’s factory activity contracted at a steeper pace in April as widespread COVID-19 lockdowns halted industrial production and disrupted supply chains, raising fears of a sharp economic.

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Economy News

Take Five: A central bank bonanza

(Reuters) – Some big beasts of the central banking world take centre stage over the coming week, with the U.S. Federal Reserve, the Bank of England and the Reserve Bank.

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Economy News

Pelosi hopes to approve $33 billion Ukraine aid ‘as soon as possible’

By Patricia Zengerle WASHINGTON (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi said on Friday she hopes to pass a $33 billion aid package for Ukraine requested by President Joe.

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Economy News

Rocky stock market faces Fed test with eyes on tightening plans

By Lewis Krauskopf NEW YORK (Reuters) -A volatile stock market faces a critical test next week, when the U.S. Federal Reserve is expected to raise interest rates and give more.

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Economy News

Marketmind: Something’s off

A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading of April and it does look like despite the fireworks on Wall Street.

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Economy News

China says it will step up support for economy, boosting markets

BEIJING (Reuters) – China will step up policy support to stabilise the economy, including its embattled internet platforms, as domestic COVID-19 outbreaks and the Ukraine war raise risks, a top.

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Business Economy News

AstraZeneca beats Q1 estimates, keeps 2022 forecasts

(Reuters) -AstraZeneca on Friday beat first-quarter sales and profit expectations and stood by its forecasts for 2022 as newer therapies for kidney disease and rare conditions offset an expected decline.

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Economy News

Gold rises, but U.S. rate hike bets set up monthly drop

By Bharat Gautam (Reuters) – Gold rose on Friday as worrying U.S. economic data rekindled some interest in the safe-haven metal, but bullion was likely to log its first monthly.

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Economy News

Inflation and GDP in the Eurozone: 5 Key Factors this Friday on the Stock Market

By Laura Sanchez Investing.com – Today, investors focus on important macro data, such as eurozone inflation and GDP in different European countries. We will also keep an eye on the.

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Economy News

Barclays puts buyback on hold after trading blunder

By Lawrence White and Iain Withers LONDON (Reuters) -Barclays put share buyback plans on hold due to scrutiny by U.S. regulators of a trading blunder it announced last month, piling.

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