The Latest Breaking News from Economy

resident Joe Biden’s approval rating dipped to the lowest point of his presidency in May, a new poll shows, with deepening pessimism emerging among members of his own Democratic Party. Only 39% of US adults approve of Biden’s performance as president, according to the poll from The Associated Press-NORC Center…

Equatorial Guinea's ailing economy has been dented by the pandemic and a series of deadly dynamite explosions in 2021 despite government efforts to mitigate the impact of these shocks on the oil-producing nation, the International Monetary Fund (IMF) said on Friday.

The new Pakistan government is seeking the release of more funds from a $6bn rescue programme agreed with IMF in 2019.

Bank of England’s Huw Pill warns ‘further work needs to be done’ after recent base rate rises

NEW DELHI: In one of his several attacks on the Centre over economic situation of the country, Congress leader Rahul Gandhi slammed the government over rising inflation and unemployment.

Germany and Qatar signed on Friday a declaration to deepen their energy partnership, with a focus on trade in hydrogen and liquefied natural gas (LNG), as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine. The partnership deal foresees regular meetings between authorities from both countries and…

Attempts to boost flagging GDP growth hindered by Covid lockdowns, Ukraine war and Sino-US tensions

The 75th Cannes Film Festival has opened, with more than 100 films being shown in the official selection. The event is good news for the local economy and an essential stop for many in the entertainment world. For Daniela Elstner, the executive director of Unifrance, an organisation that promotes French…

Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for the economy to slow down.