The European Central Bank will keep interest rates at 4% for as long as needed to tame inflation, Governing Council member Francois Villeroy de Galhau said — indicating he doesn’t favor future increases at this stage.
The UK Labour Party has brought in strategic advisory firm Hakluyt & Co. to step up its engagement with business and the City of London ahead of the next general election.
Western firms in China are the gloomiest they’ve been about the outlook for business and want Beijing to do more to reassure foreign investors as geopolitical tensions and economic woes dent sentiment.
Vietnam, facing continued global economic headwinds, will struggle to hit the year’s growth target of 6.5%, National Assembly Chairman Vuong Dinh Hue told a Hanoi economic forum.
Canadian Prime Minister Justin Trudeau accused India’s government of masterminding the assassination of a prominent Sikh leader, an explosive allegation that threatens to alter perceptions of the South Asian democracy among US allies.
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The Federal Reserve is confronting a familiar nemesis as it tries to pilot the economy into a rarely-seen soft landing: rising oil prices.
Global leaders descend upon midtown Manhattan this week for speeches, meetings and receptions, an annual migration to the United Nations meant to tackle the world’s biggest problems. It’s an event that New Yorkers have come to dread.
Germany faces the only contraction in any Group of 20 economy aside from Argentina this year, according to the OECD, which cut its outlook through 2024.
Banco Santander SA overhauled its corporate structure as Chief Executive Officer Hector Grisi seeks to simplify the company’s operations.
