Economy

A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices, led by the US majors, were already exhibiting evidence of investor…

The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials announced on Thursday. This milestone was reached due to the completion…

Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s standing in the fast-growing market for weight loss and diabetes treatments.…

The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting risks to economic growth from trade tensions and business pessimism.…

The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but no global recession is likely, Managing Director Kristalina Georgieva said…

Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent…

Shares of Wipro Ltd dropped as much as 6.3% on Thursday after the IT services firm issued a disappointing revenue forecast for the June quarter, raising concerns of a third…

Millions of jobs. Billions in output. A key driver of the US labour market for over two decades will be shaken up. The Biden-era approach to immigration left room for labour…

Vietnam, a country heavily dependent on coal for its energy needs, has ambitious plans to significantly increase its power generation capacity by 2030.The country’s newly revised national power plan outlines…