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YiddishRemember ‘quiet quitting?’ It described the trend of employees choosing not to go above and beyond…
Tag: World economy
China’s real estate crisis isn’t over yet, IMF says
China’s real estate market has slumped in the last two years after Beijing cracked down on…
IMF hikes global growth forecast as inflation cools
The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images…
IMF’s Georgieva and ECB’s Lagarde discuss the future of global growth at Davos
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Top business leaders and policymakers discuss monetary policy at the World Economic Forum
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Novartis CEO says Covid to become endemic, calls for better pandemic preparedness
Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen…
Greta Thunberg and other climate activists discuss the energy transition at Davos
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Top business leaders discuss the future of jobs
[The stream is slated to start at 3 a.m. ET. Please refresh the page if you…
Ukraine’s energy giant Naftogaz will be out of default soon: CEO
The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its…
Top business leaders discuss financial innovation at the World Economic Forum
[The stream is slated to start at 2:30 a.m. ET. Please refresh the page if you…
China’s reopening overwhelmingly positive to tackle inflation
OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight…
Richest 1% amassed almost two-thirds of new wealth created since 2020: Oxfam
Skyline in lower Manhattan. Gary Hershorn | Corbis News | Getty Images Over the last two…
World Economy’s Schizophrenic Year Begins In China
Will global growth roar higher in 2023? It’ll depend whether China’s post-zero-Covid reopening boom actually materializes.…
Global economy going into recession, 2023 growth to slow
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the…
Rolls-Royce 2022 sales soar, CEO says no slowdown in spending by the rich
Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained…
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its…
Asia-Pacific’s benchmark index enters a bull market, thanks to China’s reopening
The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on…
Saudi Arabia’s new love for soccer could cause ripple effects
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi…
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7,…
Gourmet food in UAE is taking on Paris, New York and London
Chefs and owners pose for picture on the stage during a ceremony revealing the 2022 selection…
Here’s where Covid rules for visitors from China are changing
Travelers check in with Cathay Pacific at the Hong Kong International Airport on December 20, 2022.…
Facing climate change, Asia farmers turn to risky microfinance loans
The “microfinance” industry — long touted as a way to help poor, rural communities in developing…
China’s economy looks different than it was going into the pandemic
The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first…
Lucid raises $1.5 billion from Saudi public wealth fund, others
Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as…
Swiss central bank lifts interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The…
Why salaries in the United States don’t keep up with inflation
Inflation in the United States hit a record high in June 2022. Consumer prices soared by…
United Arab Emirates ranked as having the best passport in the world
A traveler passes through immigration control by walking through a “smart tunnel ” at Dubai International…