Germany likely to fall into recession: central bank FRANKFURT: German output is likely to shrink slightly in the first quarter, sending Europe’s top economy into... Published 20 Feb, 2024 03:09am
Opinion Unraveling the lipstick effect truth Let’s get ourselves familiarized with the lipstick effect. It happens during the times of economic downturns and... Updated 12 Feb, 2024 05:46pm
Business & Finance Euro zone recession fears harden as surveys show grim start to Q4 LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services... Published 07 Nov, 2023 06:33am
Business & Finance US economy defies recession fears with strong Q2 performance WASHINGTON: The US economy grew faster than expected in the second quarter as a resilient labor market supported... Published 31 Jul, 2023 06:43am
Business & Finance S Africa skirts recession with surprise Q1 growth JOHANNESBURG: South Africa’s economy grew slightly in the first three months of the year, confounding fears of a... Published 12 Jun, 2023 06:26am
Business & Finance Data lifts dollar, euro soft as Germany enters recession NEW YORK: The dollar rose for a fourth straight session on Thursday against a basket of major peers to hit a fresh... Published 26 May, 2023 06:48am
World Recession, millions of jobs lost if US defaults: Treasury WASHINGTON: President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US... Published 14 May, 2023 09:50pm
Business & Finance Recession-wary investors pour $9.1bn into hedge funds in first quarter BOSTON: Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on ... Published 22 Apr, 2023 03:38am
Business & Finance German economy expected to avoid recession: report BERLIN: Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year,... Published 17 Apr, 2023 06:41am
World Europe to see 'sharp slowdown' but not recession: IMF official WASHINGTON: Europe will see a "sharp slowdown" in economic growth this year, but most countries will avoid a... Published 15 Apr, 2023 12:16am
World IMF raises eurozone growth forecast, sees German recession WASHINGTON: The IMF on Tuesday slightly raised its forecast for economic growth in the eurozone this year but it... Published 11 Apr, 2023 06:32pm
Markets European shares rise as banking gains offset US recession jitters PARIS: European shares rose on Thursday, heading into a long Easter weekend break, as real estate and travel stocks... Published 07 Apr, 2023 06:06am
Business & Finance Banking stress brings US closer to recession: Fed’s Kashkari WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US ... Published 27 Mar, 2023 06:15am
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Business & Finance US firms face more pain as likely ‘earnings recession’ looms NEW YORK: US companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor... Published 20 Feb, 2023 06:26am
BR Research Oil holds firm ground Everything the collective West has thrown at Russia, it has been responded with substance. Brent oil had its highest... Published 14 Feb, 2023 09:32am
World EU lifts growth forecast as eurozone skirts recession BRUSSELS: Europe’s economy will grow more than previously forecast this year as it avoids a winter recession, with... Published 14 Feb, 2023 07:03am
World Hopes grow that eurozone will dodge recession BRUSSELS: Europe’s economy grew in January for the first time since June, a closely watched survey showed Tuesday,... Published 24 Jan, 2023 05:54pm
World Germany 'not going into a recession' in 2023: Scholz BERLIN: Germany will avoid a painful recession this year, Chancellor Olaf Scholz said Tuesday, predicting that... Published 17 Jan, 2023 10:20pm
Markets 'Temporary measure': Another Pakistani textile firm cuts production by up to 50% Crescent Fibres Limited says it will restart production as soon as demand improves Published 03 Jan, 2023 12:56pm
Business & Finance Private debt markets face reality check as companies grapple with recession LONDON: Stellar growth in private debt markets over the past decade looks set to face a reality check as a looming... Published 26 Dec, 2022 05:48am
Business & Finance BoE's Dhingra warns of deeper and longer recession with higher rates LONDON: Bank of England rate-setter Swati Dhingra said in an interview published on Saturday that higher interest... Published 03 Dec, 2022 11:21pm
Opinion UK slips towards recession, heaping pressure on next PM to help Britain’s slide towards a recession has gathered momentum after data this week showed inflation jumping above 10%,... Published 21 Aug, 2022 05:16am
Markets Wall St slips as hot inflation data rattles investors NEW YORK: US stocks slipped on Wednesday after hotter-than-expected inflation data fanned fears that the Federal... Published 14 Jul, 2022 05:00am
Markets Dubai leads most Gulf bourses lower on recession fears DUBAI: Most stock markets in the Gulf ended lower on Wednesday, with the Dubai index falling most, hit by concern... Published 07 Jul, 2022 05:35am
Business & Finance Sterling slumps to 2020 low vs dollar LONDON: Sterling slumped against the dollar, hitting a new two-year low on Tuesday as markets focused on safe-haven... Published 06 Jul, 2022 05:35am
Markets Oil may collapse to $65 by year-end amid concerns of demand-crippling recession: Citigroup Warning is in stark contrast to JPMorgan Chase where analysts earlier warned global oil prices could reach a 'stratospheric' $380 a barrel Published 05 Jul, 2022 04:04pm
Markets Recession worries strain London stocks on first day of second half LONDON: UK stocks came under pressure on Friday after data showed factory activity lost more steam in June amid... Published 04 Jul, 2022 06:17am
Markets Gulf bourses end mixed on recession worries DUBAI: Stock markets in the Gulf ended mixed on Wednesday on growing concerns over inflation and the possibility of... Published 30 Jun, 2022 06:07am
World US likely to avoid recession, but rates need to climb: Fed official WASHINGTON: The US economy will slow this year as intended and is expected to avoid a downturn, but the Federal... Published 28 Jun, 2022 07:58pm
Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces
