Business

The Bank of Canada (BoC) has trimmed its key policy rate by 25 basis points to 4.25 percent as forecast and Governor Tiff Macklem, citing weak growth, said a larger...

Deutsche Bank CEO Christian Sewing on Wednesday urged Germans to work harder to help restore the country’s economy. “Investors are already doubting our ability to reform, but especially our ability...

Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand. Volvo Cars,...

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S., chipmaker Nvidia plunged more than 9% in regular trading,...

The United States is reportedly close to a deal to sell Ukraine long-range missiles that could hit deep inside Russia. The deal would provide Lockheed Martin’s Joint Air-to-Surface Standoff Missiles...

U.S. housing inflation is likely to ease in the coming year, driven by a narrowing gap between the supply and demand for homes, according to the research published by the...

Australia’s economy has posted its worst performance in more than 30 years, excluding the first year of the COVID-19 pandemic. Australia’s gross domestic product (GDP) expanded by just 0.2 percent...

China and Nigeria have pledged to deepen their economic ties ahead of a summit showcasing Chinese-African cooperation, inking deals on nuclear energy, media exchanges and Beijing’s signature $1 trillion infrastructure...

“Shark Tank” star Kevin O’Leary isn’t a fan of Australia’s new “right to disconnect” law. The law, which went into effect on August 26, allows most workers to ignore after-hours...

Kamala Harris is taking a page out of Bill Clinton’s playbook, giving Donald Trump a run for his money on an issue dear to voters’ hearts (and wallets): the economy....