GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

global economy

Latest articles

Image for Oil heads for weekly loss as recession fears trump tight supply
Top Stories

Oil heads for weekly loss as recession fears trump tight supply

By Alex Lawler LONDON (Reuters) -Oil rose in volatile trade on Friday but was still heading for a we...

8th July, 2022

Image for Oil up nearly $5 as tight supply outweighs recession fears
Top Stories

Oil up nearly $5 as tight supply outweighs recession fears

By Noah Browning LONDON (Reuters) -Oil prices rose steeply on Thursday after sharp losses in the pre...

7th July, 2022

Image for Global markets steady but recession fears remain
Top Stories

Global markets steady but recession fears remain

By Tom Wilson, Sam Byford and Tom Westbrook LONDON/SINGAPORE/TOKYO (Reuters) – Tentative calm return...

6th July, 2022

Image for Oil up about $2/bbl as supply outages outweigh recession fears
Top Stories

Oil up about $2/bbl as supply outages outweigh recession fears

By Laila Kearney NEW YORK (Reuters) -Oil prices rose about $2 a barrel on Friday, recouping most of...

1st July, 2022

Image for Fitch cuts view on global sovereign debt
Top Stories

Fitch cuts view on global sovereign debt

By Marc Jones LONDON (Reuters) – Credit rating agency Fitch downgraded its view on sovereign debt on...

30th June, 2022

Image for Global energy consumption topped pre-pandemic levels in 2021, says BP
Top Stories

Global energy consumption topped pre-pandemic levels in 2021, says BP

By Ron Bousso LONDON (Reuters) – Global energy consumption rose by 5.8% in 2021, exceeding pre-pande...

28th June, 2022

Image for Global energy consumption topped pre-pandemic levels in 2021, says BP
Top Stories

Global energy consumption topped pre-pandemic levels in 2021, says BP

By Ron Bousso LONDON (Reuters) – Global energy consumption rose by 5.8% in 2021, exceeding pre-pande...

28th June, 2022

Image for Copper steadies, but recession fears dominate mood
Top Stories

Copper steadies, but recession fears dominate mood

By Pratima Desai LONDON (Reuters) – Copper prices steadied on Monday as sentiment improved after top...

27th June, 2022

Image for Wall Street puts floor under stocks, crude steadies
Investing

Wall Street puts floor under stocks, crude steadies

By Huw Jones LONDON (Reuters) – Prospects for a firm start on Wall Street helped European shares cla...

23rd June, 2022

Image for Oil rebounds as investors assess recession risks
Investing

Oil rebounds as investors assess recession risks

By Ahmad Ghaddar LONDON (Reuters) -Oil prices edged higher on Thursday after earlier falls as invest...

23rd June, 2022

Image for Stocks and oil tumble as recession fears mount
Investing

Stocks and oil tumble as recession fears mount

By Marc Jones LONDON (Reuters) – World stock markets and oil prices hit the skids on Wednesday as th...

22nd June, 2022

Image for Explainer-Why is there a worldwide oil-refining crunch?
Top Stories

Explainer-Why is there a worldwide oil-refining crunch?

By Laura Sanicola (Reuters) – Drivers around the world are feeling pain at the pump with fuel prices...

22nd June, 2022