Russia’s economy shrank last year by less than had been expected given its invasion of Ukraine, figures suggest. The economy contracted by 2.1%, according to the...
Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted...
Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, an attorney for the firm says. However, a US bankruptcy court was told on...
A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US. US inflation was 6.5% over the 12 months...
Some people claiming sickness and disability benefits could be allowed to keep receiving payments even if they find work, under plans being considered by the government....
Donors from around the world have pledged more than $9bn (£7.4bn) to help Pakistan recover from the devastating floods that hit the country last year. It...
Disney’s boss has told employees who are currently working from home to start going into the office for four days a week from the start of...
Online retail giant Amazon has said it plans to shut three warehouses in the UK, putting 1,200 jobs at risk. However, the company also said it...
The global economy is “perilously close to falling into recession”, according to the latest forecast from the World Bank. It expects the world economy to grow...
Pakistan’s government has ordered shopping centres and markets to close early every day as the country faces an economic crisis. Defence minister Khawaja Asif says the...
