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The Latest Breaking News from Economy

Police are closing in on the hacker who threatened to release data stolen in an alleged security breach affecting 55 million Thais, said Digital Economy and Society (DES) Minister Chaiwut Thanakamanusorn.

Bangkok Post

Caixin China New Economy Index Shrinks on Decline in Capital Investment

The gauge that tracks the size of high value-added industries such as biotech dropped 1.2 points to 28.3 in March

Caixin Global

DWP work crackdown to urge more autistic people into employment

The Government says the initiative will "spread opportunity, close the employment gap and grow the economy"

Nottingham Post

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Reducing Oil Production: A New Pillar to Support Global Economic Conditions

In support of the stability of the global oil markets, and the enhancement of the balance between supply and demand, the member of the Organization of Petroleum Exporting Countries (OPEC) and the producing countries within the OPEC+ have decided to implement a voluntary reduction of crude oil production. Experts described…

Asharq Al-Awsat

Manchester leaders want 'decisive action' over TransPennine Express amid 'deep concern'

TransPennine Express and Avanti West Coast have faced calls for their contracts to be axed due to their performance

Manchester Evening News

Leaders of Egypt, Saudi Arabia meet after months of tension

The leaders of Egypt and Saudi Arabia have met in the kingdom amid months of tension between the two regional powers

The Independent UK

Oil surges 8% after OPEC+ blindsides market with production cut

Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt to the world economy and irking the White House.

The Times of India

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Boost the economy by offering routine NHS surgery at the weekend – report

Analysists have said that helping people return to work or increase their hours could boost the economy by billions.

The Independent UK

German Vice Chancellor Habeck arrives in Ukraine on surprise visit

German Vice Chancellor Robert Habeck has arrived in Ukraine on a surprise visit, Germany's energy and economy ministry said on Monday, in his first trip to the country since the outbreak of war.

Reuters

Business leaders call for 'decisive action' over TransPennine Express contract as concerns grow over impact to region's economy

TransPennine Express' contract is due to expire at the end of May

Birmingham Post

Ministry strives to shut down hacker's website

The Ministry of Digital Economy and Society (MDES) will ask the court to close down a website that hacked the personal information of 55 million Thais after finding more clues about the hacker.

Bangkok Post

OPEC+ makes shock million-barrel cut in new inflation risk

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.

Tribune News Service

Thais 'fighting wars on many fronts'

Today, election campaign excitement clicks up a notch as candidates parade into designated venues in their provinces to apply to run for seats in the May 14 poll.

Bangkok Post

Montenegro's ex-Economy Minister Jakov Milatovic declares victory in run-off presidential vote

Montenegro's former Economy Minister Jakov Milatovic declared victory in a presidential election run-off on Sunday, ahead of long-standing incumbent Milo Djukanovic.

Reuters

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Barchart

Jobs, PMI and Other Key Things to Watch this Week

This upcoming week has plenty of things to look forward to though as we enter the busy part of the monthly News cycle. More inflation data is due, as well as many of the March monthly numbers such as Non-farm payrolls and JOLTS, and ADP.

Reuters

Egypt's Sisi visits Saudi Arabia amid financial pressure, regional realignment

Egyptian President Abdel Fattah al-Sisi visited Saudi Arabia on Sunday, Saudi state news agency SPA said, as Cairo seeks financial inflows to ease pressure on its currency and bolster a faltering economy.

Nottingham Post

Nottinghamshire town divided over plans to turn Grade II-listed building into nightclub

The council and applicant hope the building will be able to stimulate the town's night time economy

The Guardian - UK

UK spending on trying to halt the flow of refugees is a classic false economy

The government is spending five times more on refugees in the UK than it allocates in aid to Africa

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Asharq Al-Awsat

S&P Revises Oman’s Outlook to ‘Positive’

S&P Global Ratings has revised Oman’s outlook to positive and affirmed its ratings at 'BB', in light of improving fiscal performance. S&P said in its credit rating report on the Sultanate issued Saturday, that the revised outlook came as a result of the reform measures undertaken by the government in…

Asharq Al-Awsat

IMF Approves $15.6 Bln Ukraine Loan

The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a global $115 billion package to support the country's economy as it battles Russia's 13-month-old invasion. The decision clears the way for an immediate disbursement of about $2.7 billion…

The Guardian - UK

Pacific trade deal is more useful to Joe Biden than it is to the UK’s economy

Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical game

Fortune

From stability to consolidation to the big crunch, here are the 3 questions every small business owner is asking about the banking system

The bank crisis could spark a credit crunch that will rock the economy. It'll be a major test for small businesses.

Daily Record

Ministers accused of 'fake' incinerators ban as a dozen new facilities to be built

Scottish Green circular economy minister Lorna Slater hailed move to outlaw the environmentally damaging waste-burning facilities last year.

Reuters

Russia's war on Ukraine latest: Huge blaze injures 34 in latest wave of Russian strikes

Russia unleashed a fresh volley of missiles on Ukraine overnight, causing huge blazes in an eastern city, damaging dozens of homes and wounding at least 34 people.

Bangkok Post

Outlook for stable gains

Thailand's economy is estimated to expand by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and pent-up demand following China's reopening, according to the World Bank.

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