The Latest Breaking News on Economy

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

COMMENT: A year after the government announced a 40 per cent reduction in international development aid, Kristine Yakhama writes about the impact of the decision on the ground in Kenya’s Kakamega County

Unemployment rate was 4.3% in January with gains 13,000 less than the 143,000 jobs added a year ago, report shows

In 2026, the Indian economy entered the budget cycle at an unusual crossroads, even if that’s a cliché in economic analysis. Growth remains among the fastest in major economies, yet private investment is still uneven. Global conditions are volatile: wars in Europe and West Asia continue to disrupt energy and…

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%

Hiring likely remained subdued last month as many companies have sought to avoid expanding their workforces, though the job gains may be enough to bring down the unemployment rate

The French parliament on Tuesday passed last-minute legislation to keep the government in business into January after the divided legislature failed to agree a full budget for the coming year. The Senate gave its green light in a late-night vote after MPs in the lower house cleared the bill earlier…

GDP rose at an annualized rate of 4.3% over the third quarter, far higher than expected

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget