It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:28
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:24
Allianz sounds positive note on outlook after profit beat
FRANKFURT German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a
2023-08-10 18:50
The era of cheap streaming is officially over
It's the end of an era.
2023-08-10 18:50
US set to unveil long-awaited crackdown on real estate money laundering
By Luc Cohen and Chris Prentice NEW YORK The U.S. Treasury Department will soon propose a rule that
2023-08-10 18:27
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardine Matheson Holdings Ltd., controller of Hong Kong’s biggest commercial landlord in the Central business district, is exploring
2023-08-10 17:56
LVMH Leads $22 Billion Luxury Rally as China Eases Travel Curbs
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting
2023-08-10 16:47
Zurich Insurance price hikes help it weather climate storms
By Olivier Sorgho Zurich Insurance on Thursday reported a better-than-expected half-year operating profit, helped by its Life business
2023-08-10 16:45
Refiners make hay as global profit margins rebound
By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON Global refiners are raking in hefty gains, fuelled
2023-08-10 16:22
European Gas Swings as Australia LNG Strike Fears Rattle Market
European natural gas fluctuated in a sign of continued market jitters as traders monitor possible industrial action in
2023-08-10 15:54
Analysis-Bulging warehouses mean lean times for longer for US, European companies
By Siddharth Cavale and Josephine Mason NEW YORK/LONDON Lean times faced by many U.S. and European companies may
2023-08-10 14:21
Hapag-Lloyd net profit plummets 67% in H1, maintains outlook
FRANKFURT German container shipper Hapag-Lloyd on Thursday posted a net profit of 2.9 billion euros ($3.18 billion) for
2023-08-10 14:18