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'Resilient' Africa set for growth rebound: ADB

Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African...

World added 50% more renewable energy but more needed: IEA

The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against climate...

Charlie Munger, Warren Buffett's longtime business partner, dies at 99

Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at the age of 99, his employer...

In Argentina, voters toy with ditching pesos for dollars

In inflation-hit Argentina, where rentals, cars, and appliances are increasingly priced in dollars to sidestep the volatile peso, a leading presidential candidate has sparked...

Moody's downgrades China property giant ahead of crucial vote

Moody's further downgraded the credit ratings of Chinese property developer Country Garden on Thursday as the heavily indebted firm negotiates with creditors to avoid...

Eurozone GDP grows 0.1% in first three months of 2023

The eurozone economy lumbered forward in the first quarter, official data showed Friday, expanding just 0.1 percent over the previous quarter as high inflation...

UK bank Barclays profits from rising interest rates

British bank Barclays said Thursday that net profit jumped 27 percent in the first quarter, boosted by rising interest rates and non-repetition of exceptional...

Strike grips Sri Lanka as unions protest IMF bailout

Bankrupt Sri Lanka's hospitals were crippled and transport disrupted on Wednesday as trade unions protested against the doubling of taxes to qualify for a...

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