Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a united response to Moscow's demand that European buyers pay for Russian gas in roubles or face their supply being cut off.
The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions.
The European Union was preparing a ban on Russian oil, with possible exemptions for wary countries, as EU energy ministers on Monday held crisis talks on Moscow's demand that foreign buyers pay for gas in roubles or lose their supply.
Japanese mother of three Maiko Takahashi was never one to pinch pennies or accept hand-me-downs for her children even though circumstances for her single-income family have always been fairly modest.
U.N. Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and weather the impacts of the Ukraine war.
Japan and Vietnam agreed on Sunday to boost economic and security ties while calling for an end to the war in Ukraine, Japanese Prime Minister Fumio Kishida said during a Southeast Asia tour.
South Korea's exports grew at their slowest pace in 14 months in April, with the trade deficit in goods deepening as a continued rise in energy and raw materials prices pushed up the country's imports.
Canada recorded its second surplus of fiscal 2021/22 in February, as its budget deficit for the first 11 months of the fiscal year shrunk considerably compared with the year-ago period, the finance ministry said on Friday.
Brazilian President Jair Bolsonaro signed a decree to cut taxes on industrial products (IPI) by 35% effective on May 1, a deeper tax cut than the 25% reduction that is in force now, an effort he says will boost economic activity as the country emerges from the pandemic.
A volatile stock market faces a critical test next week, when the U.S.
Russia made what appeared to be a late U-turn to avoid a default on Friday, as it made a number of overdue interest payments in dollars on its overseas bonds, despite previously vowing to pay only in roubles as long as its reserves remained frozen.
U.S. Federal Reserve policymakers look set to deliver a series of aggressive interest rate hikes at least until the summer to deal with hot inflation and surging labor costs, even as two reports Friday showed tentative signs both may be cresting.
Would you love to grow your own vegetables, if only you had the space, and there wasn't so much digging and, frankly, manure? Germany may have just the thing.
The Canadian economy most likely grew by an annualized 5.6% in the first quarter, official data showed on Friday, well ahead of the Bank of Canada's recent projections, reinforcing the likelihood of another oversized interest rate increase.
The Canadian economy most likely grew by 5.6% on an annualized basis in the first quarter, Statistics Canada said on Friday, as growth in February beat expectations and real gross domestic product was seen increasing again in March.
U.S. stocks fell on Friday as disappointing forecasts from Amazon and Apple pushed the Nasdaq toward sharp monthly declines, with the biggest surge in monthly inflation since 2005 adding to investor worries.
Wall Street tumbled on Friday at the end of a volatile week, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.
All Sri Lanka's creditors will be treated equally in a planned restructuring of the country's debt, its central bank governor said on Friday, adding that he expected progress in talks with the International Monetary Fund (IMF) in the next two months.
The Federal Reserve is expected to approve plans next week to reduce a nearly $9 trillion balance sheet that ballooned as part of its efforts to fight the pandemic recession, in a process U.S.
Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S.
Paradigm lost?A long-held view among many investors that China's currency and markets would one day sit at the centre of world finance to match the second biggest economy in the world looks bruised at best after a torrid 2021 and February's geopolitical quake.
Regulators could force banks and other financial firms to hire external auditors to check on the accuracy of their climate data, the Financial Stability Board said in a report on Friday.
China and U.S. regulators are discussing operational details of an audit deal that Beijing hopes to sign this year, sources familiar with the matter said, in the latest move to try to keep Chinese companies listed on U.S.
France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.
Colombia's central bank board is likely to raise the benchmark interest rate by 100 basis points to 6% at its meeting on Friday, as it continues hikes in response to persistent inflation pressures.
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.
