global-economy

Image for Oil maintains most of recent gains ahead of OPEC+ meetingTop Stories

Oil Maintains Most of Recent Gains Ahead of Opec+ Meeting

Image for Wall Street slumps over negative macro ‘tsunami’Top Stories

Wall Street Slumps Over Negative Macro ‘tsunami’

Image for Analysis-After feverish week, global investors lick wounds and brace for more chaosTop Stories

Analysis-After Feverish Week, Global Investors Lick Wounds and Brace for More Chaos

Image for Central banks raise rates again as Fed drives global inflation fightTop Stories

Central Banks Raise Rates Again as Fed Drives Global Inflation Fight

Image for World says goodbye to Britain’s Queen Elizabeth from cafes and consulates

World Says Goodbye to Britain’s Queen Elizabeth From Cafes and Consulates

Date: September 19, 2022

HONG KONG/SYDNEY (Reuters) -In Hong Kong, hundreds kept up with Queen Elizabeth’s funeral https://www.reuters.com/world/uk/britain-world-prepare-say-last-farewell-queen-elizabeth-2022-09-18/ on their phones as they queued for hours to pay their tributes. In Sydney, Australia, customers packed into pubs to watch the ceremony on screens. And in Paris, France, bar owner Thibaud Dupont showed off his new tattoo of the monarch...

Image for Factbox-World leaders to attend Queen Elizabeth’s funeral

Factbox-World Leaders to Attend Queen Elizabeth’s Funeral

Date: September 15, 2022

LONDON (Reuters) – Queen Elizabeth’s funeral will take place in London on Monday, Sept. 19, and a host of world leaders, royalty and other dignitaries will attend. The following have said they will come to London. ROYAL ATTENDEES – Emperor Naruhito and Empress Masako of Japan – King Willem-Alexander and Queen Maxima of the Netherlands...

Image for End of COVID pandemic is ‘in sight’ -WHO chief

End of Covid Pandemic Is ‘in Sight’ -WHO Chief

Date: September 14, 2022

By Manas Mishra (Reuters) -The world has never been in a better position to end the COVID-19 pandemic, the head of the World Health Organization said on Wednesday, his most optimistic outlook yet on the years-long health crisis which has killed over six million people. “We are not there yet. But the end is in...

Image for Oil prices amid supply concerns heading into winter

Oil Prices Amid Supply Concerns Heading Into Winter

Date: September 12, 2022

By Laura Sanicola (Reuters) -Oil prices rose on Monday, shaking off weaker demand expectations as supply concerns mount heading into the winter. Brent crude futures rose $1.51, or 1.6%, to $94.35 a barrel by 12:42 p.m. EDT (1642 GMT). U.S. West Texas Intermediate crude was up $1.28, or 1.5%, at $88.07. U.S. emergency oil stocks...

Image for Oil settles below $90 as recession fears mount

Oil Settles Below $90 as Recession Fears Mount

Date: September 8, 2022

By Laura Sanicola (Reuters) -Oil prices settled sharply lower on Wednesday, slumping below levels seen prior to Russia’s invasion of Ukraine as downbeat Chinese trade data fed investor worries about recession risks. Brent crude futures settled down $4.83 to $88 a barrel, falling below $90 a barrel for the first since Feb. 8. U.S. West...

Image for Toyota’s July global vehicle output drops again, puts annual target in doubt

Toyota’s July Global Vehicle Output Drops Again, Puts Annual Target in Doubt

Date: August 30, 2022

(Reuters) -Toyota Motor Corp said on Tuesday its July global vehicle production had fallen 8.6% year-on-year, missing its target for the fourth straight month, as COVID outbreaks, severe weather and a recall probe on top of a persistent chip shortage hurt output. The sustained weakness in overall performance in July from the world’s largest automaker...