IMF Chief Georgieva Says 'Available To Serve' For Second Term
The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.
Asian Markets Mixed As Traders Eye US Data, Looming Fed Meeting
Asian markets were mixed Thursday after a tepid day on Wall Street, with traders looking forward to a string of US data that could help sway Federal Reserve officials ahead of their policy meeting next week.
Trump Questions Elon Musk's Support Over Electric Car Disagreement, Advocates Bitcoin And Trade Tariffs
Former President Trump, unsure of Elon Musk's party donation, discussed cryptocurrency, tariffs, and economic policies during their recent meeting.
Most Asian Markets Push Higher As US Inflation Data Looms
Asian markets mostly rose Tuesday following the previous day's sell-off, with focus on the release of US inflation data that could play a key role in the Federal Reserve's decision-making on cutting interest rates.
German Rail, Air Workers Walk Out In New Strike Round
Hundreds of thousands of passengers in Germany faced travel misery Thursday as rail and airport workers stage new strikes to back demands for higher wages.
Lawyer Explains Why Termination Meetings Are Short and 3 Questions To Ask When Fired
The UK is witnessing a rapid increase of contract terminations and final meetings are being cut short to avoid liabilities.
Gold Hits Record Peak On US Rate Cut Hopes
The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom.
Budget Crisis Forces UK's Birmingham To Approve Service Cuts, Tax Hikes
Councillors in the UK's second-largest city Birmingham on Tuesday approved tax hikes and deep cuts to public services including arts funding and rubbish collection, as the city fights to avoid bankruptcy.
Germany Braces For Fresh Rail, Air Travel Strikes
Germany braced for more travel misery after unions on Monday called for renewed walkouts at Lufthansa and rail operator Deutsche Bahn, amid escalating rows over inflation-busting pay rises.
Stock Markets Waver After Tokyo Record
Global stock markets wavered on Monday even as Tokyo closed at an all-time high, while oil prices retreated despite a decision by major crude producers to extend output cuts.
UK Awaits Voter-friendly Budget Before Election
Britain's Conservative government unveils a pre-election budget Wednesday that could feature voter-friendly measures as Prime Minister Rishi Sunak's party badly trails main opposition Labour in polls.
'Black Company' in Japan Forces US Worker to Resign And Refuses to Pay Last Pay Cheque
River Hodge tells International Business Times UK that he was forced to resign after he found out that he had signed a contract with a corrupt Japanese company – known as a "black company".
French Far Right Targets Immigration In European Campaign Launch
France's far right on Sunday hammered on its traditional theme of immigration and looked to surf on Europe's wave of farmers' protests at the launch of its campaign for European Parliament elections in June.
US Stocks Rise On Inflation Report As Nasdaq Hits Record
Wall Street stocks rose Thursday after a key US inflation measure brought investors some relief, though global markets were mixed over questions of when interest rates might start coming down.
After Uproar, Wendy's Says It Won't Raise Burger Prices At Peak Times
Restaurant chain Wendy's said Wednesday it will not raise prices for hamburgers and other items at peak times, clarifying recent comments that sparked criticism of the fast-food company.
Bitcoin Tops $60,000, Approaches All-time High
Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.
'I Need To Fight': UK Steelworkers In Fear As Less Pollution Means Less Jobs
In the dim light of a pub in the steel-producing Welsh town of Port Talbot, Jason Wyatt sips his beer, his voice laden with worry.
Canadians Are Buying $12,000 Yurts To Avoid Ridiculous Rental Prices
After Canada's housing costs have increased by more than $200,000, many families have taken to living in tent-like structures, known as yurts.
Fighting Corruption and Defending Democracy – Ukraine Is at a Serious Crossroads
Ukraine is dealing with a big problem: corruption. It's causing economic issues and making things tough for the country.
Global Stocks Mostly Up Despite Tepid Consumer Confidence Data
Global equities mostly rose Tuesday despite lackluster consumer confidence data in the United States and Germany, as the tech-linked Nasdaq pushed higher.
UK 'Net Zero' Economy Bucks Recession: Study
Britain's green economy grew in 2023 to buck a broader recession, according to a report released Tuesday that urged politicians heading into a general election to stick with climate-friendly investments.
This London-Based Fintech Is Transforming How We Build Wealth With Ethical, Competitive Savings Accounts
Many people struggle to save money consistently. About 34% of UK adults have no savings, or less than £1000 in their savings account
Stocks Markets Mostly Lower After Rally
Stock markets were mixed on Monday after last week's rally as investors turned their attention to a clutch of economic data in the coming days.
The UK Hospitality Sector Is On The Brink Of Financial Collapse
Managers of hospitality businesses in the UK are calling on the government to recognise how the soaring energy and food prices have impacted the hospitable sector.
Global Stocks Mixed On Fed Rate Cut Caution Ahead Of Nvidia Results
Wall Street stocks were mixed Wednesday, reversing some earlier declines, as traders nervously awaited earnings from US tech darling Nvidia and digested Federal Reserve minutes that signaled slower interest rate cuts ahead.
Young Creators Face Cost Dilemma At London Fashion Week
To show or not to show at London Fashion Week? The programme provides also a venue to showcase at London Fashion Week, which could be for example at a hotel close to the main setting.
What Does UK Entering Recession After Steeper-Than-Expected Fall In GDP Mean For Brits
While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.
'Procreation Feels Like Financial Suicide' Amid Cost Of Living Crisis, Says Charity Boss
A new survey found that almost half of new parents have got into debt over childcare expenses and 25 per cent of mothers on maternity leave are skipping meals to cut costs.
Asia Stocks Mixed As China Enjoys Lunar New Year Bump
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.
UK Economy Slides Into Recession Ahead Of Election
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.