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UK economy contracts in 2nd quarter as recession fear grows

The Office for National Statistics said Britain's gross domestic product fell by 0.1% between April and June, down from 0.8% growth in the previous...

Asian shares trim weekly losses, dollar steady near 20-year highs

Asian shares bounced on Friday, but were set for a second straight weekly loss and remained near June 2020 lows, while the dollar hovered...

50% of companies worldwide planning job cuts amid economic downturn: Report

According to the latest PwC 'Pulse: Managing business risks in 2022' survey in the US, 50 per cent of respondents are reducing their overall...

Asian shares tumble as global growth fears mount

Asian stocks tracked a steep Wall Street selloff on Thursday, as investors fretted over rising global inflation, China`s zero-COVID policy and the Ukraine war,...

US Jobs Data: Hiring slowed in August as employers add 315,000 jobs

Job openings remain high and the pace of layoffs low, indicating that most businesses still want to hire and that the economy isn't likely...

UK slips behind India to become world”s 6th biggest economy

The IMF`s own forecasts show India overtaking the UK in dollar terms on an annual basis this year, putting the Asian powerhouse behind just...

Asian shares slip, dollar firm as investors await ECB

Asian stocks fell, U.S. bond yields edged up and a surging dollar pushed to a two-decade high against the yen on Thursday as investors...

‘Plastic Man’ in Senegal on a mission against trash

Environmental activist Modou Fall wears the plastic problem on his sleeve and more. The “Plastic Man” moves around wearing strands and chunks of plastic...

China shortens COVID quarantine times, eases flight curbs

Under the new rules, quarantine for close contacts will be cut to five days at a centralised location plus three days at home, from...

Bank of America results lift mood on Wall Street; Dow 30 up by over 500 points, S&P 500, Nasdaq Composite also gain

Dow 30 was trading with gains of over 500 points or 1.72% at  30,145.20. Meanwhile, S&P 500 was trading at 3,669.70, up by 86.63 points or 2.42% and Nasdaq...

US Markets continue winning streak on Tuesday; Dow 30 up by 250 points; Nasdaq Composite, S&P 0.8 % higher

US markets continued their winning streak on Tuesday for the second straight session this week. The markets were up on strong sentiments around the...

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