G20 finance ministers and central bankers agreed on Wednesday to extend a moratorium on debt interest payments for the poorest countries, which could lag behind the global recovery from the coronavirus pandemic.
Eurozone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service industry was coping better than expected with new lockdowns.
Goldman Sachs Group Inc on Wednesday easily beat Wall Street expectations for first-quarter profit, as the US investment bank capitalized on record levels of global dealmaking activity and a coronavirus-driven boom in stock market trading.
Italy’s government approved a draft 2020 budget in the early hours of Wednesday that aims to cut taxes for middle-earners and crack down on tax evaders, while holding the deficit at the same level
World stocks sink on Wednesday and Wall Street showed a weaker activity after Iran’s move. Earlier sharp market moves faded as an immediate military escalation
As we come to the end of a decade that witnessed unprecedented monetary policy expansion, an eye on the trends observed and those rapidly in play, helps examine critical
Japanese stock prices declined and Chinese markets were little-changed Wednesday while trading in most other Asian economies was closed for Christmas Day.
World equity benchmarks hit their lowest levels in a month on Wednesday as signs of a slowdown in US economic growth and weak earnings in Europe fanned fears
LONDON: World stocks fell to a two-week low and risk assets withered on Wednesday after US lawmakers called for an impeachment inquiry into President Donald Trump, raising the prospects
BERLIN: A slump in exports sent Germany’s economy into reverse in the second quarter, data showed, as its manufacturers bore the brunt of a global slowdown amplified by tariff conflicts and uncertainty over Brexit. Gross domestic product (GDP) fell 0.1% quarter-on-quarter, in line with a Reuters poll of analysts,