The Latest Breaking News from Economy

Ford To Pay $19.2M In Multi-State Settlement For False Advertising Claims

On Tuesday, the Iowa Attorney General's Office stated that Ford Motor Company (NYSE: F) would pay $19.2 million to resolve allegations that it falsely represented real-world fuel economy and payload capacity for various hybrids and pickup trucks, 

Benzinga · May 25, 2022

Davos 2022: EU's Gentiloni 'confident' deal can be reached on Russian oil embargo

The war in Ukraine and its impact on the global economy continue to dominate discussions at the World Economic Forum in Davos, Switzerland. Business Editor Kate Moody has been speaking with Paolo Gentiloni, EU Commissioner for the Economy, about Europe's ongoing efforts to wean itself off Russian energy.

France 24 · May 25, 2022

UAE Launches ‘Markets of Tomorrow’ Initiative

The UAE government has launched the "Markets of Tomorrow" initiative, in partnership with the World Economic Forum (WEF). The initiative aims to develop new business accelerators that will prepare the UAE's national economy to embrace business activities focused on the new economy and boost its readiness to enter tomorrow's markets,…

Asharq Al-Awsat · May 25, 2022

Bank of England chief economist Huw Pill on inflation, interest rates and the labour market

He believes interest rate rises could have some say to go while whether those who left the workforce due to the pandemic will return is a big question for the UK economy

Birmingham Post · May 25, 2022

Sri Lanka's prime minister tackles thorny finances, economy

Sri Lanka’s new Prime Minister Ranil Wickremesinghe has been sworn in as finance minister as this Indian ocean island nation confronts its worst economic crisis in memory

The Independent UK · May 25, 2022

Interest rate set to rise, but uncertain recovery clouds timing - BoT

Thailand's policy interest rate will have to rise but the timing will hinge on the monetary policy committee's view with the economy growing below its potential and the recovery facing uncertainty, the Bank of Thailand (BoT) board chairman said on Wednesday.

Bangkok Post · May 25, 2022

Jones Village Bakery to create 100 new jobs on new production line

The investment at the Wrexham firm has been hailed as a major boost for the local economy

Birmingham Post · May 25, 2022

Holyrood set for first debate on solar power

FORMER rural economy secretary Fergus Ewing is urging the Scottish Government to show the “same kind of ambition” for solar power as for other…

The National (Scotland) · May 25, 2022

Qatar To Invest $12.5B Into UK Economy: Report

The government of Qatar has announced plans to invest £10bn ($12.5 billion) in the U.K. over the next five years, with a focus on major economic sectors including technology, healthcare, infrastructure and clean energy.

Benzinga · May 24, 2022

Phuket 'ready' to host major events

Phuket is signalling its readiness to host major international events, with two tourism events slated to take place next month as part of its bid to promote investments and revive the island's economy.

Bangkok Post · May 24, 2022