Economy

When Wang Yang was Chinese Communist Party boss of economic powerhouse Guangdong province, the man now considered a top contender to be China's next premier displayed a liberal streak that has been…

Victoriia Maslova abandoned her herbal cosmetics factory in the Ukrainian town of Bucha on the first day of Russia's invasion of the country, fleeing to Poland with her mother and three younger…

British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to "lay the ground" for an economic plan that saw the pound fall to record…

Sri Lanka's economy shrank 8.4% in the quarter through June from a year ago in one of the steepest declines seen in a three-month period, amid fertiliser and fuel shortages during the nation's most…

India's wholesale price inflation slowed in August helped by a fall in commodity prices, but double-digit price gains for the 17th month raise the chance for more rate hikes this month. The…

Germany's government will use income from windfall taxes to lower end-consumer prices for gas, oil and coal, German Chancellor Olaf Scholz said on Sunday, announcing measures to mitigate the impact…

Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc…

India's worst period of macro instability is possibly over, and both consumer inflation and trade deficit are expected to moderate albeit gradually, Morgan Stanley said. "Global commodity prices…

Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy,…

Know why you must cut costs, envision the company's future, set a cost reduction target, keep those who are essential to your future, and conduct layoffs with respect. Business leaders these days…