The Latest Breaking News from Economy

Lecturers and university staff will walk out on Wednesday as teachers and train drivers also take action; ambulance staff to stage further strikes

The Dubai International Financial Centre (DIFC) launched the DIFC Metaverse Platform in line with the Dubai Higher Committee for Future Technology and Digital Economy's aim to attract technology innovators worldwide. The DIFC Metaverse Platform is aligned with the Dubai Metaverse Strategy, which aims to add $4 billion to Dubai's gross…

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament ahead of the Union Budget to be presented on Wednesday.

Britain is the only G7 economy forecast to shrink in 2023, the IMF says, as higher energy prices, rising mortgage costs and increased taxes hit growth.

Asian shares are mostly lower in muted trading as investors await decisions on interest rates and on earnings reports from around the world

SURAT THANI: More than 200,000 tourists visited Koh Samui in January, giving a welcome boost to the tourist island's economy.

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. That's the view of the International Monetary Fund, which now expects the world…

Samsung Electronics said Tuesday its profit for the last quarter plummeted nearly 70% as a weak global economy depressed demand for its consumer electronics products and computer memory chips. The company’s operating profit of 4.3 trillion won ($3.5 billion) for the three months through December fell 69% from a year…

A dire forecast for the UK economy dominates Tuesday’s front pages.