Euro Zone Economy Unexpectedly Grows In Q4 But Weak 2023 Looms
The euro zone eked out growth in the final three months of 2022, managing to avoid a recession even as sky-high energy costs, waning confidence and rising interest rates took a heavy toll on the curre…
UK Retail Giant Tesco To Axe Over 2,000 Jobs
UK retail giant Tesco to axe over 2,000 jobs
Boeing To Deliver Last 747, Saying Goodbye To 'Queen Of The Skies'
Boeing will bid farewell to the iconic 747 when it delivers the final plane to Atlas Air on Tuesday afternoon, marking an end of an era when the first-ever "jumbo jet" ruled the skies.
High Interest Rates To Hold Back Gold's Rally: Reuters Poll
Analysts and traders have significantly raised their predictions for gold prices but expect high interest rates to keep a lid on rallies, a Reuters poll showed on Tuesday.
Adani's $2.5 Billion Share Offer Backed By Investors, Despite Short-seller Attack
The secondary share sale of flagship Adani Enterprises was subscribed 93% on Tuesday, including the anchor investor portion, Indian stock exchange data showed. The share sale needed at least 90% subsc…
Norway Wealth Fund Posts Record $164 Billion Loss
Norway's wealth fund, one of the world's largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an end a three-year run of soaring profits as stocks and…
Adani Empire Tumbles Again With Stock Sale Hanging In The Balance
Adani empire tumbles again with stock sale hanging in the balance
Goldilocks Is Back! Markets Start 2023 In Red-hot Form
From stocks to government bonds, markets have had one of their best starts to the year in decades but whether the run lasts depends on a Goldilocks scenario of inflation easing, economic growth holdin…
Factbox-Chinese Chipmakers Caught In U.S.-China Tech Spat
China's semiconductor industry has become a key target of the United States, which has imposed a slew of export restrictions targeting several parts of the country's chip sector supply chain as it bid…
Squeezed Mining Companies Face Growth Dilemma
High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to robust commodity prices, China's reopening and the…
Bond Investors Brace For Recession As Fed Expected To Slow Pace Of Tightening
Recession worries are sending investors into Treasuries and other fixed income investments ahead of the Federal Reserve's first meeting of 2023, even as stocks start the year with a hopeful rally.
Winter Not Over, But Europe Braces For The Next One
Winter not over, but Europe braces for the next one
Pakistan's Economy In 'Collapse' As IMF Visits
Pakistan's economy in 'collapse' as IMF visits
Asian Markets Fluctuate Ahead Of Fed Meeting
Asian markets fluctuate ahead of Fed meeting
China Manufacturing Activity Rebounds In January
China manufacturing activity rebounds in January
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