The yuan spiked in opening trading Monday, in a hint that authorities may have taken another tool back

(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU

Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President

SAN JOSE, Calif.--(BUSINESS WIRE)--Oct 9, 2023--

Qatar Investment Authority is set to hire Hussam Qasim from Credit Suisse Group AG for its domestic investment

VICTORIA, Seychelles--(BUSINESS WIRE)--Oct 31, 2023--

The European Union’s executive commission has lowered its growth forecast for this year and next, saying the economy “has lost momentum” in 2023 as inflation weights on consumer spending and higher central bank interest rates deter borrowing for purchases and investment

Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool

Earth's climate is in trouble, and the signs could be seen around the world this summer

DEERFIELD, Ill.--(BUSINESS WIRE)--Aug 16, 2023--

By Tom Westbrook SINGAPORE Asian stocks slid on Friday to cap a torrid first week of the quarter

Bangladesh will buy oil from whoever gives a “comfortable price,” Prime Minister Sheikh Hasina said, as the South