Showing 11 - 20 of 102
Indian rupee breaches 80 per dollar, hits new record low
AFP, Published on 19/07/2022
» MUMBAI: The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.
US could face more inflation 'surprises': Fed's Powell
AFP, Published on 22/06/2022
» WASHINGTON: The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday.
Italy's Eni joins giant Qatar gas project after Russian cuts
AFP, Published on 19/06/2022
» DOHA - Italian company Eni on Sunday joined Qatar Energy's project to expand production from the world's biggest natural gas field, days after Russia slashed supplies to Italy.
US inflation skyrockets, piling pressure on Biden
AFP, Published on 11/06/2022
» WASHINGTON: US inflation surged to a new four-decade high in May, defying hopes that price pressures had peaked and deepening President Joe Biden's political troubles as Americans struggle to meet the cost of essentials like food and gas.
OECD sees lower world growth due to Ukraine war's 'hefty price'
AFP, Published on 08/06/2022
» PARIS: The OECD warned Wednesday that the world economy will pay a "hefty price" for Russia's invasion of Ukraine as it slashed its 2022 growth forecast and projected higher inflation.
After wheat, India caps sugar exports
AFP, Published on 25/05/2022
» NEW DELHI: India said it has capped sugar exports to safeguard its own supplies and ease inflation, days after a ban on wheat shipments sent global prices soaring in the wake of the Ukraine war.
Global elites return to Davos under Ukraine storm
AFP, Published on 23/05/2022
» DAVOS: The Davos summit of global political and business elites returns Monday after a Covid-induced two-year break to face another momentous crisis: Russia's invasion of Ukraine.
Powell wins second term as Fed chief as inflation battle rages
AFP, Published on 13/05/2022
» WASHINGTON: The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank ramps up its fight to crush soaring inflation.
China economy accelerates in Q1 but virus stalks outlook
AFP, Published on 18/04/2022
» BEIJING - China's economic growth accelerated in the first quarter of the year to 4.8 percent, official data showed Monday, but the government warned of "significant challenges" ahead while massive Covid-19 lockdowns started to bite.
Asian markets extend gains ahead of Ukraine-Russia talks
AFP, Published on 29/03/2022
» Equities rose Tuesday in Asia on optimism over talks later in the day between Ukraine and Russia aimed at ending their month-long war, while there was further support from another drop in oil prices.