On Wednesday, Russia cut off gas supplies through Europe's main supply route, intensifying an economic battle between Moscow and Brussels and raising the prospect of recession and energy rationing in some of the region's wealthiest countries.   European governments are concerned that Moscow...

According to a final estimate from the French National Institute of Statistics and Economic Research (Insee), the second-largest economy in Europe, France, had its GDP increase 0.5% over the previous quarter. The amount did not alter from the initial estimation. "Consumer spending by households...

According to the Center for Economic Research at the Swiss Federal Institute of Technology, one of the key measures of the Swiss economy's growth has dropped significantly below its long-term average and even lower than economists had anticipated. Since 1970, the institute has been releasing the...

According to Russia’s First Deputy Prime Minister Andrei Belousov on Monday, the economy of the country is expected to shrink by less than 3 per cent in 2022, which would mark a much smaller contraction compared to what was being anticipated previously. The government also predicted that inflation...

Investors applauded a breakthrough agreement that gives US regulators access to Chinese companies' accounting records, but they say markets will be required to see successful audits and economic recovery prior to expecting much more money to flow to China.   In principle, the...

Singapore plans to implement proposed rules that will make it harder for retail investors to trade cryptocurrencies in a period when they appear to be "irrationally oblivious" to the risks, according to the country's central bank chief.   Despite warnings and measures, said Ravi Menon,...

A new legislation designed to allow Brazilian soccer clubs to obtain foreign investment is garnering hundreds of millions of dollars to a region known as football's largest source of talent, a shift that could allow Brazilian clubs to compete with Europe's top tier.   The...

Policymakers at the European Central Bank made the case on Saturday for a large interest rate hike next month, arguing that inflation remains uncomfortably high and that the public may be losing faith in the bank's ability to combat inflation.   The ECB raised rates by 50 basis points to...

Beijing and Washington have agreed in principle to allow U.S. regulators to review the audits of Chinese companies that are listed on American exchanges, potentially putting an end to a dispute that had threatened to delist 200 Chinese companies, including Alibaba, from American stock exchanges....