economic

USA News

Moody’s downgrades Britain’s economic outlook to ‘negative’ as political turmoil continues

The chaos within the British government in the wake of the sudden resignation of former Prime Minister Liz Truss has…

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Business

Beijing’s pivot from market reforms sparks viral debate on economic agenda

Deng Xiaoping ushered capitalism into Communist China with his famous aphorism: “Let some get wealthy first.” Four decades later, Xi…

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Business

Recession likely amid global economic downturn, fiscal restraint needed: Carney

OTTAWA – Former Bank of Canada governor Mark Carney says a global recession is likely, making it challenging for…

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Business

An often-overlooked economic measure is signaling serious trouble ahead

Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy…

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Business

India’s economic growth outlook stagnates, stuck in lower gear

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Oct 19, 2022  •  31 minutes ago  •  3 minute…

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Automobile

Tesla CEO Musk: Demand not a problem despite economic headwinds

In financial results, Tesla reported lower than expected third quarter revenue, as the global EV leader delivered fewer vehicles than…

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United Kingdom

Hunt reinforces return to ‘orthodoxy’ with Economic Advisory Council

Jeremy Hunt has established a new Economic Advisory Council in a little noticed element of the new chancellor’s fiscal plan…

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Business

Holiday spending expected to slump amid inflation, economic uncertainty: report

Holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty…

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United Kingdom

How the economic case for independence has changed since 2014

THE debate on Scotland’s future has grown up significantly. Compare it with the 2014 white paper and the differences are…

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Business

New UK finance minister Hunt reverses Truss’s economic plan in dramatic U-turn

Breadcrumb Trail Links PMN Business Author of the article: Reuters William Schomberg and Kylie Maclellan and Elizabeth Piper Article content…

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