The Brazilian government projected on Thursday that the country's debt will reach 79.6% of gross domestic product in 2023, rising to 80.3% in 2024 and remaining at that level in 2025.
The board of governors of the Inter-American Development Bank has approved a resolution to hire an outside firm to investigate allegations that IDB President Mauricio Claver-Carone had an inappropriate relationship with a subordinate, sources familiar with the decision said on Thursday.
U.S. President Joe Biden's plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region's dependence on Russian fuel risks undermining his administration's climate goals by encouraging more gas production and increasing emissions, according to climate experts.
Through most of the pandemic, Kent International, Inc couldn't import enough Chinese-made bicycles to supply Walmart Inc and its other big U.S. retail customers.
Some big U.S. banks have again started stockpiling cash to cushion potential loan losses due to growing worries over the war in Ukraine and the impact of inflation on the U.S.
People on the streets of Berlin have waved Ukrainian flags in demonstrations of support since Russia invaded Ukraine in February.
The International Monetary Fund will cut its global growth estimates for 2022 and 2023 as Russia's war in Ukraine drives food and energy prices higher
The war in Ukraine is prompting the International Monetary Fund to cut global growth estimates for both 2022 and 2023 as higher food and energy prices pressure fragile economies, the IMF's managing director, Kristalina Georgieva, said on Thursday.
U.S. retail sales increased solidly in March, boosted by record- high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines for the first time in more than a year.
U.S. retail sales increased solidly in March, boosted by record high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines for the first time in more than a year.
Sri Lanka's creditors face losing a third to half of their investment in the country's dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history.
Wall Street was mixed on Thursday at the end of a holiday-shortened week as benchmark bond yields resumed their uphill climb and investors juggled earnings and economic data.
Wall Street closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill climb and investors contended with mixed earnings and economic data.
The Nasdaq and the S&P 500 fell on Thursday as rising yields weighed on megacap growth stocks, while a slew of Wall Street lenders reported mixed earnings on the last day of a holiday-shortened week.
U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts.
Severe outbreaks of bird flu in the United States and France are tightening global egg supplies and raising prices for the food staple as the war in Ukraine disrupts shipments to Europe and the Middle East.
Boosting enforcement of antidiscrimination and antitrust laws, raising the federal mininum wage and higher unionization rates could substantially boost U.S.
British consumers spent more in early April, partly due to soaring fuel prices, but fewer people left their homes to go to work, shop or socialise, raising the prospect of an economic slowdown caused by a cost-of-living squeeze.
Russian President Vladimir Putin told Chancellor Karl Nehammer during their meeting this week that Austria's supply of gas can continue to be paid for in euros, Nehammer was quoted as saying by Austrian news agency APA.
European shares rose on Thursday as the ECB kept its policy stance largely unchanged and signalled a steady reduction of stimulus over the coming months, spurring money markets to trim rate hike bets for the year.
European shares rose on Thursday as the central bank kept its policy stance largely unchanged and signalled a steady reduction of stimulus over the coming months, spurring money markets to trim rate hike bets for the year.
Singapore and South Korea both tightened monetary policy on Thursday, hot on the heels of rate hikes in Canada and New Zealand, as global policymakers moved quickly to prevent soaring inflation from derailing a fragile world economic recovery.
China's explicit call to cut the amount of cash banks set aside as reserves and boost lending has advanced expectations for imminent policy easing, but economists say any credit loosening may not be enough to beat back the prospect of a deep economic downtrend.
China's explicit call to cut the amount of cash banks set aside as reserves and boost lending has reinforced expectations for imminent policy easing, but economists say any credit loosening may not be enough to beat back the prospect of a deep economic downtrend.
Gold traded flat on Thursday but prices were set for a second consecutive weekly gain as the Ukraine crisis and broadening inflationary pressures lifted the safe-haven metal's appeal.
Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies' depositary receipts from foreign exchanges, according to two people familiar with the matter.
Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies' depositary receipts from foreign exchanges, according to two people familiar with the matter.
Indonesia's sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth more than 39 trillion rupiah ($2.72 billion), President Joko Widodo said.
Asian shares tracked Wall Street higher on Thursday, while U.S.
Asian shares tracked Wall Street higher on Thursday, while U.S.
