The Latest Breaking News from Economy

Amazon has announced it will make a significant portion of staff redundant at its cloud division in the latest round of cuts. The tech giant confirmed on Monday it intends to lay off 9,000 additional staff following an initial round of cuts that saw more than 18,000 roles erased in…

The Election Commission has set the general election for Sunday May 14, with advanced voting a week earlier on Sunday May 7.

Indonesia's parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures championed by President Joko Widodo to spur business sentiment in Southeast Asia's largest economy.

There are possible consequences for regular people, small businesses and the economy.

Senior officials at Israel's Finance Ministry warned that the government's plan to overhaul the judiciary could significantly harm the economy, according to documents seen by Reuters on Tuesday.

Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner. In a remarkable turn for a company that has long touted its job creation, Amazon will have…

The west African country, a leading cotton producer, is moving into processing finished goods, seen as a route to prosperity

In the short to medium term, fewer children imply reduced expenditure — an advantage to the economy.

A year after Russia’s invasion, Ukraine is in ruins. At least 8,000 civilians have died, with millions displaced. Generations of infrastructure have been destroyed. Large tracts of the environment and agricultural land have been devastated. A world food shortage has been created. The global economy is in crisis mode. The…

What’s bad for the economy is sometimes good for motorists.

The dollar’s value comes from the US’ position as a critical global economic power and the country's political and economic stability.