The Latest Breaking News from Economy

Britain’s new prime minister has pledged to rebuild the economy and “ride out the storm” gathering over the country, but Liz Truss faces a daunting job

Are we heading toward another anomalous midterm election, like those in 1998 and 2002? That might be the case, Stuart Rothenberg writes.

Russia will post a budget surplus this year, President Vladimir Putin said on Wednesday, forecasting a much shallower economic contraction than previously thought as Russia has overcome the worst impact of Western sanctions.

Saudi Arabia's real gross domestic product expanded by 12.2% in the second quarter compared with the same period of 2021, data showed on Wednesday, as the world's top oil exporter reaps the rewards of high crude prices and a post-pandemic recovery. The second quarter growth figure exceeded a flash government…

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If you flip over a plastic food container, you’ll see tiny writing on it – something like “AS 2070”. This means the product meets the Australian standard for plastics safe to use for food.

President Vladimir Putin said on Wednesday that Russia had gained, not lost, from the conflict in Ukraine because it was embarking on a new sovereign path that would restore its global clout.

Stock markets are under pressure after China reported disappointing trade figures today.

IFS boss says Liz Truss’s plans to freeze energy bills ‘very poorly targeted’; Putin threatens to cut off energy supplies if price caps are imposed; UK housing market shows signs of slowing