The Latest Breaking News from Economy

'Economic growth will be choked off': Bruntwood boss warns of impact of Avanti West Coast cancellations

Avanti West Coast has blamed unofficial strike action for the reduced services, an accusation that has been rejected by unions

Birmingham Post · Nov 24, 2022

Saudi Arabia to Adopt Strategy to Stimulate Development, Innovation and Research

Senior Saudi government officials revealed serious trends towards activating development, innovation and research within the framework of the country’s transformation plan, disclosing the imminent completion of a strategy dedicated to research and development. The Ministry of Education launched on Wednesday in Riyadh, the first dialogue conference, entitled “Integration and Sustainable…

Asharq Al-Awsat · Nov 24, 2022

Explainer-How South Korea's trucker strike could paralyse critical supply chains

The second mass strike by unionised truckers in South Korea in less than six months on Thursday has the potential to cripple supply chains in an export-driven economy which is the world's 10th-largest.

Reuters · Nov 24, 2022

US economy shows signs of slowing as Fed hikes filter through

Fresh evidence Wednesday pointed to a slowing U.S. economy and a cooling labor market that suggests steep interest-rate hikes by the Federal Reserve are starting to have a broader impact.

Tribune News Service · Nov 23, 2022

Nigeria hopes new currency notes curb inflation, corruption

Nigeria has unveiled newly designed currency notes that the West African nation’s central bank says will help curb inflation and money laundering

The Independent UK · Nov 23, 2022

Don't allow small firms to fail, says North East-based FSB chair

Martin McTague called on the Government to extend energy bills relief to small businesses

Birmingham Post · Nov 23, 2022

South Korea truckers strike again, manufacturing supply chain at risk

Unionised truckers in South Korea kicked off their second major strike in less than six months on Thursday, threatening to disrupt manufacturing and fuel supplies for industries from autos to petrochemicals in the world's 10th-largest economy.

Reuters · Nov 23, 2022

Why booking directly with airlines can be more expensive

Pandemic rebooking issues drove many air passengers to book directly with airlines instead of third-party travel sites

The Independent UK · Nov 23, 2022

Australia’s economy remains afloat – but there are choppy waters ahead

The OECD predicts 1.9% economic growth for Australia next year. That’s the good news

The Guardian - AU · Nov 23, 2022

Rishi Sunak says he's 'strengthened economy' - despite Brits facing recession

The Prime Minister clashed with the Labour leader Keir Starmer after a forecast suggested the UK faced the lowest growth on any G7 country over the next two years

Daily Mirror · Nov 23, 2022