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Economy

$378 Billion Up In Smoke: These 5 Billionaires Lost Record-Breaking Amounts In 2022

At the height of the dot-com bubble in 1999, Bill Gates became the first person worth $100 billion–a record that remained untouched until 2017,...
Economy

Euro zone business lending growth slows sharply in November

Bank lending to euro zone companies slowed in November, easing back from the sector's biggest borrowing binge in over a decade as rising interest...
Economy

European markets choppy as caution abounds to end the year

European markets fluctuated on Thursday as caution returned to global stocks, with investors assessing a number of likely headwinds in 2023. The pan-European Stoxx...
Economy

Global economy is heading into a decade of low growth, economist says

The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion. Economies around the world...
Economy

Russia’s economy performs better than many G20 countries – Putin

Russia confidently demonstrates economic performance superior to that of a number of G20 members, Russian President Vladimir Putin said at a press conference on...
Economy

Apple’s Australian workers go on Christmas strike demanding better wages, work terms

Apple Inc's (AAPL.O) workers in Australia initiated a strike Friday afternoon, demanding better working conditions and wages, a workers' union said, a move that...
Economy

U.S. Congress aims to pack additional measures into government funding bill

The U.S. Congress faces a tricky task this week as lawmakers try to use a $1.7 trillion government funding bill to also address other...
Economy

Japan to invest $500 mln to manufacture advanced chips

Japan said on Friday it will invest an initial 70 billion yen ($500 million) in a new semiconductor venture led by tech firms including...
Economy

Britain has frozen 18 billion pounds worth of Russian assets

The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals...
Economy

Emirates adds five Boeing 777 Freighters to cargo cart

Boeing Co (BA.N) said on Tuesday Emirates Airline has ordered five 777 Freighters, worth more than $1.7 billion at list prices, to expand its...
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