
Europe's economy has shrunk. For households that are hurting, it's just numbers
The European economy has contracted slightly at the end of last year and beginning of 2023
2023-06-08 17:53

Oil weakens on demand concerns as focus turns to Fed
By Alex Lawler LONDON Oil fell on Thursday as worries about weakening demand in a global economic slowdown
2023-06-08 17:45

Eurozone slips into recession after revised data shows two quarters of economic contraction
The 20 countries that use the euro as their currency fell into a mild recession around the turn of the year, although the broader European economy avoided the downturn.
2023-06-08 17:26

Turkish lira extends losses as Ankara loosens grip on forex market
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL Turkey's lira weakened 0.8% to a record low on Thursday, extending
2023-06-08 16:50

Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and
2023-06-08 16:48

Yandex granted Nasdaq lifeline subject to Russia restructuring
By Alexander Marrow Russian internet firm Yandex on Thursday said it had been granted permission to retain its
2023-06-08 16:47

Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says
By Foo Yun Chee LUXEMBOURG Amazon should not pay 250 million euros ($268 million)in back taxes to Luxembourg
2023-06-08 16:45

China passenger car sales jump 7.3% in May vs April -CPCA
BEIJING/SHANGHAI Passenger vehicle sales in China rose 7.3% in May compared with a month earlier, industry data showed
2023-06-08 16:45

Saudi Arabia economy grew 3.8% in Q1 boosted by non-oil activities
DUBAI Saudi Arabia's economy grew by 3.8% year on year in the first quarter of 2023, the General
2023-06-08 16:19

Australia's largest bank blocks payments to some crypto exchanges
By Lewis Jackson SYDNEY Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to
2023-06-08 15:48

European shares open lower on rate jitters; Novartis rises
European shares opened lower on Thursday as rate-sensitive technology shares slipped on expectations of further interest rate hikes
2023-06-08 15:47

Japan's Isuzu says it is not planning to relocate factory from Thailand to Indonesia
TOKYO Japanese truck maker Isuzu Motors on Thursday said it was not planning to move a factory from
2023-06-08 15:22