Colombia's central bank board raised the benchmark interest rate by 100 basis points to 6% on Friday, its highest level in nearly five years, as it continues increases in response to persistent inflation pressures.
When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas.
China signaled an easing of its crackdown on the once-freewheeling tech sector on Friday as President Xi Jinping seeks to bolster the economy in the face of growth-sapping COVID-19 lockdowns, sending shares in online heavyweights surging.
Australia's central bank is in a bind as it contemplates its first interest rate increase in more than a decade, with its decision set to antagonise one of the main political parties just as it faces a sweeping review of past policies.
The Reserve Bank of Australia will raise interest rates for the first time in more than a decade on Tuesday and join a long list of central banks now expected to tighten policy at a much faster pace than previously thought, a Reuters poll found.
Gold rose on Friday as worrying U.S. economic data rekindled some interest in the safe-haven metal, but was likely to log its biggest monthly drop since September on bets for aggressive interest rate hikes by the Federal Reserve.
Gold prices rallied 1% on Friday on the back of a retreat in the dollar, but the metal was set to end the month lower on bets of aggressive policy tightening by the U.S.
Arm Ltd said on Friday its Chinese joint venture had replaced its CEO, marking a major step towards resolving a two-year long dispute that had threatened to derail the UK-based chip designer's plans for a stock market listing.
Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were raised about the move at the Chinese unit.
Arm China on Friday said it opposed a move by its board to replace its CEO, in what could further complicate its parent Arm Ltd's efforts to resolve a two-year long dispute and smooth the UK-based chip designer's path to a stock market listing.
Asian shares were set for their best day in six weeks on Friday led by Chinese tech stocks after reports of a possible resolution to the Sino-U.S.
Asian shares clung on to small gains on Friday thanks to a solid Wall Street session, but were still set for their worst month in two years, as China growth fears and looming U.S.
World shares rose on Friday, at the end of a month that will be the benchmark's worst in two years, as a slight pullback in the dollar from 20-year highs offered relief to battered markets.
A dollar pullback from 20-year highs and Chinese authorities' pledge to support economic growth offered respite to battered equity markets on Friday, though Wall Street remained poised to open lower after lacklustre earnings from retail giant Amazon.
The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S.
The dollar edged down from its recent 20-year high on Friday but was still on track for its best month since 2015, having been boosted by a combination of expectations for U.S.
The dollar edged off a 20-year high on Friday, but was within sight of its best monthly gain in a decade, buoyed by bets on rising U.S.
The dollar slipped from 20-year highs against a basket of currencies on Friday but remained on track for the best month in seven years as concerns about the global economy and a hawkish Federal Reserve bolstered demand for the greenback.
Oil prices were mixed on Friday as China's COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices.
Oil prices rose for a fourth day on Friday as Russian supply disruption fears trumped COVID-19 lockdowns in China, the world's biggest crude importer, that are weighing on demand.
Oil prices rose for a fourth day on Friday as fears over Russian supply disruption outweighed the impact of COVID-19 lockdowns in China, the world's biggest crude importer.
Oil prices fell on Friday, reversing in volatile trade, pulled downward by the U.S. heating oil contract that plummeted by more than 20% at one point on the day of its expiration.
Singapore lenders DBS Group and OCBC gave cautious outlooks on Friday after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still beat analysts' estimates.Though rising interest rates and the full re-opening of Singapore's trade-dependant economy after restrictions during the pandemic spell good news for banks, inflation risks are weighing on their prospects.
The Biden administration is asking Congress to approve $500 million for the farm sector, in a bid to woo U.S.
Rail backlogs in the United States are delaying shipment of grains as well as processed flour and corn syrup, contributing to the national problem of inflation, food and grain companies said at a hearing this week.
Canada's most populous province of Ontario on Thursday forecast steadily declining deficits over the medium term helped by a strong economic recovery, and projected a return to surplus by 2027-28, two years earlier than forecast in the previous budget.
The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighbouring Port of Zeebrugge is set to boost overall volumes in coming years, the group's chief executive said on Thursday.
The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.
Wall Street was set to open higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks, offsetting concerns as data showed U.S.
Wall Street edged higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S.
