In order to entice French businesses to participate in the country's rehabilitation, French Prime Minister Élisabeth Borne of France has announced that an economic conference on Ukraine will be held in Paris in the near future. "In order to entice French businesses, I want to announce that we will...

At a meeting on Wednesday in Vienna, OPEC+ will discuss reducing oil production by more than one million bpd, Bloomberg writes. The ministerial monitoring committee and all of the alliance chiefs will meet informally on October 5 in Vienna, according to information provided by the organization...

Initial public offerings by US technology firms have fallen to their lowest levels since the 2008 global financial crisis, as stock market volatility, soaring inflation, and interest rate hikes have soured investor sentiment toward new listings.   According to Refinitiv data, only 14...

German Chancellor Olaf Scholz proposed a 200 billion euro ($194 billion) "defensive shield," including a gas price freeze and a reduction in fuel sales tax, to protect businesses and households from the impact of rising energy prices.   Europe's largest economy is struggling to cope with...

According to a statement posted on the bank's website, the Bank of England (the British central bank) will begin purchasing long-term U.K. government bonds to stabilize the market and prevent financial instability in the midst of the bond market crisis. The program will last for the next six...

To halt the negative trend in the oil market, which has formed amid a rising currency and recessionary fears, the OPEC+ coalition must reduce production. Analysts at UBS reported this on Tuesday. The bank's analysts stated that the alliance's failure to reduce supply "is expected to put significant...

In order to increase production, the Swedish defense products company Saab will establish a facility in India to produce its Carl-Gustaf M4 weapons system, a top executive announced on Tuesday.   Senior Vice President Gorgen Johansson told reporters at a news conference that the facility...

Due to China's slowdown, economic growth in East Asia and the Pacific will weaken significantly in 2022, but the rate of expansion will pick up next year, the World Bank predicted on Tuesday.   In a report, the Washington-based lender predicted that growth in the East Asia and Pacific...

Slowing global demand, growing debt levels, and short-term price increases for food and fuel will all impede the economic growth of countries in the Asia-Pacific area. This is noted in the World Bank's publicly available prediction. "In 2022, most of East Asia and the Pacific recovered from the...