economy

Eastern Europe's economic development hinges on the continued leadership of the private sector, driving progress and prosperity in the region.

While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.

The agreement, which covers the majority of goods, is extended for an additional five years, providing much-needed economic support to Ukrainian businesses impacted by the war.

According to official data published by the National Bureau of Statistics, China's consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023.

North Korea imposed one of the world's most stringent lockdowns four years ago. 

The notable 33 per cent decrease in the overall value of mergers and acquisitions deals involving UK firms amounts to £207 billion throughout 2023.

Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.

Nissan has announced a groundbreaking £2 billion investment to expand electric vehicle (EV) production in Sunderland.

Sunak is scrapping free NHS prescriptions that have been a vital lifeline for individuals with chronic conditions, low-income families, and the elderly.

Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.

Delve into the financial intricacies of the online casino world, uncovering revenue models and investment trends.

Rising costs, affordability concerns, and economic uncertainty impact the housing market, with interest rates now standing at five per cent in the UK, the highest level since April 2008.

Generative AI is poised to unleash the next wave of productivity, according to a new report stating that it could add the equivalent of $2.6 trillion to $4.4 trillion annually across 63 use cases.

The government must provide "support and direction" for Britain's technology sector to reach its full economic potential according to techUK.

Year-on-year, existing home prices saw their largest decline since 2012.

The concern centred around the potential impact on the gambling industry's revenue is a consequence of the proposed UK gambling reforms and their potential impact on the industry and broader economy.

The Honourable Edmund Bartlett expresses his optimism for the sudden boost of tourism experienced in Jamaica, calling this winter season the "best" in the nation's history of tourism.

The PM and the Technology Secretary have announced funding for a new Taskforce intended to guide the safe development of artificial intelligence in the UK.

As Lebanon's economy continues to collapse, an array of exchange rates for the local pound has emerged.

Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China's premier, the country's No.2 post.

Two years after inflation began its rapid ascent, investors, economists and policymakers remain divided on the path ahead.

The German economy contracted more strongly than expected in the final three months of 2022, as inflation and the energy crisis took their toll on household consumption and capital investment.

A look at the day ahead in Asian markets from Jamie McGeever.

Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China's reopening and softening inflation pressures worldwide.

The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a development that some economists believe bolsters the case for U.S.

Slowing the economy typically means that job creation also decelerates, as borrowing becomes more expensive.

This was supposed to be the comeback year for the world economy following the Covid pandemic.

Britain's economy is on course to shrink 0.4% next year as inflation remains high and companies put investment on hold, with gloomy implications for longer-term growth, the Confederation of Business Industry forecast on Monday.

Italy will approve a package of measures worth more than 9 billion euros ($8.96 billion) on Thursday to lower energy prices, increase gas output and preserve stocks ahead of the winter, two government officials told Reuters.

Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest rates to bring down inflation, according to a Reuters poll of market strategists.