Asia’s commercial heft helps keep Russia’s war economy going
Following Vladimir Putin’s war in Ukraine two years ago, more than three dozen countries, led by the West, slapped economic sanctions on Russia. They were…
Israel’s war on Gaza: Are boycotts hurting US brands? | Business and Economy News
McDonald’s has missed sales targets partly due to boycotts against its products in some parts of the world over its perceived support for Israel,…
Man books business class flight for him and kids and 'abandons' wife in economy
A man has been called 'petty' and 'malicious' after he booked his wife an economy seat on the plane for a trip to Tahiti, while…
McDonald’s blames Israel’s war in Gaza for missing sales target | Food News
Slump comes after customers in Muslim countries boycotted brand over its perceived support for Israel. McDonald’s has cited Israel’s war in Gaza as a factor…
‘AI moving fast’: UK to spend $125m on AI hubs, regulation | Technology News
Technology minister says technology has potential to ‘transform our public services and the economy for the better’. The United Kingdom has unveiled plans to spend…
In Pakistan, old hopefuls jostle to turn around struggling economy | Business and Economy News
Pakistani voters head to the polls on Thursday amid a deep-seated economic crisis. Inflation is hovering at 30 percent, close to 40 percent of people…
How Russian economy survives during the Ukrainian war?
One statement of the Ukrainian Minister of Foreign Affairs reignites the topic of how Russia fuels the war against Ukraine with the indirect support from…
Analysis: India’s 2024 interim budget shows a changing economy | Business and Economy News
India’s Finance Minister Nirmala Sitharaman’s interim budget last week marked nearly 10 years of Prime Minister Narendra Modi’s government. Sitharaman showcased the government’s achievements over…
‘Nothing left’: Indonesia’s tourism industry fears wipeout under tax hike | Tourism News
Jakarta, Indonesia – After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over. But after the Indonesian government’s announcement…
How have Red Sea attacks by Yemen’s Houthi fighters affected companies? | Israel War on Gaza News
The strikes have forced ships to change route, causing major disruptions in companies’ chains of production. Attacks on vessels by Yemen’s Houthi rebels in the…
Is China’s economy in serious trouble? | Business and Economy
Chinese officials signal their concerns by taking measures aimed at reviving growth and steadying markets. China was expected to experience a rip-roaring recovery after it…
Europe’s Leaders Can’t Count on 2024 Vote Boost From Economy
Breadcrumb Trail LinksPMN BusinessEuro-zone leaders looking to keep populist parties at bay are unlikely to get much help from the economy this year — even…
Turkey appoints Fatih Karahan as new central bank chief after Erkan resigns | Business and Economy News
The appointment comes a few hours after the resignation of Hafize Gaye Erkan citing a media scandal. President Recep Tayyip Erdogan has named the central…
Sri Lanka signs free trade deal with Thailand to revive economy | International Trade News
Sri Lanka seeks to foster growth after its economy contracted 3.8 percent last year, according to World Bank estimates. Thailand and Sri Lanka have signed…
U.S. economy created 353,000 jobs in January, 14.8 million so far under Biden
The U.S. economy created 353,000 jobs in January, far more than the 185,000 economists were expecting. President Joe Biden called it great news for working…
Biden’s economy keeps messing up Trump’s message
It’s a clear upward turn for Biden following a grueling period of price spikes that soured voters’ mood and damaged the president’s approval ratings. Biden…
With Australia’s economy at a turning point, are the stage 3 tax cuts enough to lift the government’s political fortunes?
The Australian economy is at a turning point. When the Reserve Bank meets this week for the first time in 2024, it will be assessing…
This number explains why the Biden-Trump rematch is so tight
With inflation in check, Americans' confidence in the economy has slowly started to improve. Biden's reelection may depend on that. But Americans look back fondly…
Argentina police battle protesters opposed to ‘omnibus’ reform bill | Protests News
Police in Argentina have fired rubber bullets to disperse protesters gathered outside Congress in Buenos Aires as lawmakers debated newly elected President Javier Milei’s sweeping…
Meta, Amazon smash earnings expectations, as stock markets surge | Economy
Asian markets rally after US tech giants post stronger-than-expected financial results. Asian markets have rallied after the release of stronger-than-expected earnings results by Meta and…