Economy

Economy News

Global recession risks rise after Russia invades Ukraine: Kemp

By John Kemp LONDON (Reuters) -U.S. and European economies are facing a heightened risk of a recession this year as Russia’s invasion of Ukraine severely disrupts supply chains and causes.

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Economy News

Indian police arrest NSE stock exchange’s former head Ramkrishna -source

NEW DELHI (Reuters) -India’s federal police on Sunday arrested the former chief executive of the National Stock Exchange of India in a case related to alleged governance lapses at India’s.

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Economy News

Germany to spend $220 billion for industrial transformation by 2026

BERLIN (Reuters) -Germany has earmarked 200 billion euros ($220 billion) to fund industrial transformation between now and 2026, including climate protection, hydrogen technology and expansion of the electric vehicle charging.

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Economy News Uncategorized

TikTok suspends livestreaming, new uploads in Russia

(Reuters) – TikTok, the Chinese-owned video app, said on Sunday it would suspend live-streaming and the uploading of videos to its platform in Russia as it reviews the implications of.

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Economy News

China’s ZTE faces hearing over possible violation of U.S. probation

By Karen Freifeld (Reuters) – ZTE Corp (HK:0763)., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have.

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Economy News

With fast-weakening rouble and fears for future, Russians rush to shop

(Reuters) – In bright sunshine, a long queue of shoppers snaked outside an IKEA store near Moscow this week. Similar scenes were repeated across Russia as families rushed to spend.

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Economy News

China targets slower economic growth as headwinds gather

By Kevin Yao and Ryan Woo BEIJING (Reuters) -China on Saturday targeted slower economic growth of around 5.5% this year as headwinds including an uncertain global recovery and a downturn.

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Business Economy News

Europe at war: Six charts to know in financial markets

LONDON (Reuters) – Russia’s escalating war in Ukraine has sent commodity and energy prices soaring, boosted safe havens and hammered Europe’s common currency and its stock markets. Below are six.

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Economy News

IMF says war in Ukraine will have ‘severe impact’ on global economy

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund on Saturday said it expected to bring Ukraine’s request for $1.4 billion in emergency financing to its board.

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Economy News

Russian banks may issue cards with China’s UnionPay as Visa, Mastercard cut links

LONDON (Reuters) – Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas after March 9, Russia’s central bank said on Sunday, adding.

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