Chinese economy facing deep economic slowdown, environment in the country is difficult, says Ray DalioThe Chinese economy could be be in an imminent danger, and has a chance of facing a major economic slowdown, according to Bridgewater Assoc...
19 Sep, 2024, 06.39 AM IST
5 world market themes for the week aheadMarkets faced a volatile period due to U.S. recession concerns and the yen's rapid appreciation. Upcoming data on U.S. inflation, Japanese ...
10 Aug, 2024, 09.47 AM IST
UK recession fears mount after Bank of England hikes borrowing rates by more than expectedOn a busy day for central bank action in Europe, the Bank of England said its nine-member Monetary Policy Committee decided to lift its mai...
22 Jun, 2023, 09.34 PM IST
Banking crisis responsible for Germany entering in a recessionary period: Nadia ElbilassyObviously, with high inflation and high housing costs and the energy crisis, it has all played a part including the banking crisis which al...
26 May, 2023, 09.52 AM IST
London stock exchange loses position to Paris, here's whyThe announcement of Brexit, followed by COVID19, and the recent Russian invasion of Ukraine, has pushed the United Kingdom into recession. ...
17 Nov, 2022, 05.58 PM IST
Pound plunges to new 1985 low under $1.10 after UK's tax cut packageIn afternoon deals, sterling slumped 2.7 percent to $1.0956, which was last seen in 1985 -- when it had struck an all-time low of $1.0520.
23 Sep, 2022, 09.08 PM IST
UK economy shrinks for second month in a rowGross domestic product fell 0.3 percent in April after a drop of 0.1 percent in March, the Office for National Statistics said in a stateme...
13 Jun, 2022, 11.48 PM IST
Market may think Britain's economy will grow, but Credit Suisse analysts believe otherwiseForeign Direct Investment is going to dry up quickly. Credit Suisse says “FDI could easily slow by a half or more (taking c0.5% to 1% off G...
14 Jul, 2016, 01.32 AM IST
What changed for the market while you were sleepingThe US markets gained for the second time in three days after solid economic data and a 3 per cent rally in crude oil prices ensured an upt...
26 Feb, 2016, 08.20 AM IST
Here's what the next recession could look likeThe GDP slowdown in Q1 of this year had some economists fearing that a recession was near. But recent strong economic data has calmed those...
22 Jun, 2015, 01.25 PM IST
Britain not sliding into triple-dip recession: ReportBritain is not sliding into a triple-dip recession, according to a report by a leading business group that said economic conditions were mo...
08 Jan, 2013, 07.16 PM IST
- Chevron restructuring plan puts 1,400 jobs at risk: Report
American oil major Chevron's announcement of a restructuring plan for its global refining operations has put as many as 1,400 jobs at its B...
21 Jan, 2010, 08.24 PM IST
- BA unlikely to weather the storm: Branson
Richard Branson, the billionaire owner of Virgin Atlantic Airways, said he’s not sure British Airways will survive the recession and that t...
23 Jun, 2009, 12.00 AM IST
- Satyam scam too small to hit Indian IT firms in US: Official
US Consul General Paul Folmsbee said that Indian-Americans are like an engine of growth. There will be opportunities for them. Satyam: Full...
16 Jan, 2009, 09.35 PM IST
- Exporters to UK feel the heat of falling British currency
Exporters who were getting Rs 84.6 against the pound a month ago, are now getting Rs 72.5, a level seen in September 2003.
18 Nov, 2008, 12.00 AM IST
- Crude oil plummets to $61 a barrel
Crude oil prices today tumbled to 61 dollars a barrel level as fears spread about recession soon gripping the leading economies like the US...
24 Oct, 2008, 09.38 PM IST
- Huge job losses to follow Lloyds TSB-HBOS deal: Report
Thousands of jobs are feared to be at risk after banking major Lloyds TSB completes its 12.2 billion pound acquisition of UK's troubled mor...
18 Sep, 2008, 09.35 PM IST