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2 mins read
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
7 mins read
America's plan to fix its economy is going to screw over the rest of the world
There's a growing gap between America's interest rates and the rest of the world. That's going to c…
Linette Lopez
2 mins read
The US, China, and Europe's economies are drifting apart. The global 'decoupling' is moving markets.
The world's biggest economies are moving in different directions, and global markets are starting t…
Phil Rosen
2 mins read
Germany warns a Russian oil ban will harm Europe's economy, even as it backs an embargo
EU member states are currently debating a ban on Russian oil imports, which could cut off vital fun…
Harry Robertson
2 mins read
Here's why a new all-time high for German stocks is great news for the S&P 500
"The breakout is a bullish long-term catalyst for Europe's largest economy," Fairlead Strategies' K…
Matthew Fox
3 mins read
Bank credit is shrinking for the first time since the Great Recession - and that's a red flag for the economy
Businesses are borrowing less, as the Federal Reserve's aggressive interest-rate hikes chip away at…
George Glover
2 mins read
German unions and companies team up to oppose EU ban on Russian gas
The EU is debating whether it will boycott Russia's oil or gas imports after announcing earlier thi…
Jake Epstein,Ben Winck
2 mins read
Angry Chinese people are using a US embassy social-media page to dodge censors and vent about its slumping economy
Chinese investors have used a social media account belonging to the US Embassy to voice concerns ab…
Mikhaila Friel
1 min read
Putin runs the Russian economy in the same heavy-handed way he navigates his yacht, researcher says
"At the moment, the economy looks resilient. But it's like Putin navigates it the way he navigates …
Jennifer Sor
2 mins read
A top German politician blasted the 4-day workweek, saying no society has ever increased prosperity 'by working less'
50 German companies are set to trial a four-day workweek starting February.
Huileng Tan
2 mins read
Eurozone inflation hits 13-year high in September as energy crunch and supply bottlenecks send prices soaring
Inflation in Germany, Europe's biggest economy, rocketed to a 29-year high in September.
Harry Robertson
2 mins read
German ATMs keep getting bombed as a crime wave exploits the country's preference for cash
Last year, about 30 million euros were stolen via ATM bombings in Germany, up 53% from a year earli…
Filip De Mott
2 mins read
A German grocery store charged customers the 'true price' of their food, and one cheese was almost twice as expensive
German supermarket Penny raised the prices on certain items to reflect their "true cost," which con…
Noah Sheidlower
2 mins read
Fitch's downgrade of the US economy is 'strange' and 'bizarre,' top officials and analysts say
Treasury Secretary Janet Yellen led the charge, saying Fitch based its downgrade is "arbitrary and …
Huileng Tan
2 mins read
Deutsche Bank's UK boss says she wants investment banking graduates in the office 5 days a week, even as the company moves to flexible working
Tiina Lee, Deutsche Bank's UK CEO, said she wanted "grads in the office five days a week" - but thi…
Kate Duffy
2 mins read
Russia is shifting to a total war economy as its progress in Ukraine stalls
Russia's economy is being shaped more and more by its "special military operation" in Ukraine, acco…
Jennifer Sor
1 min read
Russia's isolation from the global economy causes poor turnout at Putin's economic forum
Putin's economic forum failed to draw big-name politicians this year, a sign that Russia's invasion…
Jennifer Sor
2 mins read
After Germany enters recession, fears in Singapore of 'technical recession'
Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…
ANI
2 mins read
German election: Greens poised to join government of Europe's biggest economy after voters reject Merkel's party
The Greens, alongside the Free Democrats, are set to negotiate with the parties leading the electio…
Marianne Guenot
2 mins read
Aldi plans to open 120 new stores this year as the no-frills German grocer doubles down on its US expansion
Discount grocery store Aldi is opening 120 new stores this year, including its first locations in t…