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Tag:Economic events

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency...

Why fast-food companies like KFC and Chick-fil-A are betting on chicken tenders again

Fast-food companies like Yum! Brands' KFC and McDonald's are getting back into chicken tenders as a way to attract consumers with a low-risk,...

UK economy shrinks for second month, contracting 0.1% in October

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city,...

Trump voters could fuel holiday spending, while Harris supporters may pull back

A "Keep America Great" hat tops off a Christmas tree at a "Merry Christmas" rally hosted by President Donald Trump at the Kellogg...

India’s quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty ImagesIndia's economy expanded by just 5.4% in its second fiscal...

Russian food prices are soaring — but no one dares blame Putin and the war

Shoppers with a cart choose vegetables and fruits at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty ImagesA break-in at...

Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMIn Saudi Arabia's northwestern desert, a sprawling construction site replete with cranes...

Asia markets mostly lower as investors assess Japan trade data, China lending rates

The People's Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty ImagesAsia-Pacific markets were mostly lower Wednesday,...

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Boy, 8, saves choking friend with Heimlich maneuver: See the video

An 8-year-old boy is being hailed as a hero after saving the life of his choking friend...
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Sri Lanka central bank fines Indian Bank – Times of India

CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform...

Italy’s OVS SpA posts $436 mn Q3 2024 net sales, up 12.8% YoY

OVS SpA, an Italian clothing company has achieved net sales of €414.7 million (~$436.0...

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At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...