The Latest Breaking News from Economy

Markets Today: Stock Index Futures Climb as China’s Economy Strengthens

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.49% at a 2-month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.79% at a 2-week high. U.S. stock index futures this morning are moderately higher on improved global economic prospects after today’s news that...

Barchart · Apr 18, 2023

Why reducing health inequalities is key to unlocking the UK’s economic growth potential

Professor Maggie O'Carroll says getting people back into work will boost the UK economy

Birmingham Post · Apr 18, 2023

Lebanon's Parliament Votes to Postpone Municipal Elections

Lebanon’s parliament on Tuesday postponed municipal elections for up to a year for a second time amid concerns the government would not be able to secure the needed funding in time for the polling. The delay comes as Lebanon’s economy and infrastructure continue to crumble, with legislators in the deeply…

Asharq Al-Awsat · Apr 18, 2023

Easyjet flying high as Brits bag summer holidays

EASYJET offered hope for the beleaguered airline trade and for the wider consumer economy today when it said summer bookings are soaring even as ticket prices rise.

Evening Standard · Apr 18, 2023

Sickness drags down UK economy as job vacancies go unfilled

Rishi Sunak wants growth, but ONS figures show rising levels of inactivity because of ill-health

The Guardian - UK · Apr 18, 2023

Fitch Upgrades Saudi Banks’ Rating

US credit rating agency Fitch has upgraded eight Saudi banks’ long-term issuer default ratings to “A-” from “BBB+,” with a stable outlook, according to a press statement. In this regard, experts told Asharq Al-Awsat that the current account surplus of the Saudi economy over the last period, which exceeded $1…

Asharq Al-Awsat · Apr 18, 2023

FTSE 100 racks up eighth day of gains despite rising insolvencies and unemployment – as it happened

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

The Guardian - UK · Apr 18, 2023

China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

Fortune · Apr 18, 2023

G-7 to back Ukraine indefinitely, seeks stability with China

The Group of Seven nations vowed to support Ukraine for “as long as it takes” in its fight against Russian forces, while also calling for greater engagement with China to stabilize relations with the world’s second-biggest economy.

The Times of India · Apr 18, 2023

China’s economy rebounds faster than expected after Covid reopening

First quarter growth rate was higher than forecast by analysts as the country’s retail sector performed better than expected

The Guardian - AU · Apr 18, 2023