Global stock markets have plummeted following the discovery of a new Covid strain prompted concerns about the economy's recovery.   The FTSE 100 index in London fell over 3%, while markets in Germany and France also fell as a result of Asian market declines.   Airlines and travel...

In a long-anticipated law, India is prepared to move through with its aim to prohibit most cryptocurrencies in the nation.   In recent months, there has been growing speculation that the government will change its stance on digital currencies.   The prohibition would apply to all...

Even as a long going dispute over maintaining similar audit standards for Chinese companies continues between the United States and China, reports quoting a Chinese regulatory official claim that authorities in Beijing are currently working with their counterparts from Washington to avoid Chinese...

A global shortage of nitrogen fertilizers and record-high prices are forcing US corn, canola and wheat farmers to delay purchases. This threatens to reduce harvests for North American countries. Canadian company Nutrien (the largest supplier of fertilizers in the U.S. and the world market leader in...

A return of coronavirus infections in Europe is raising concerns that the region's successful economic recovery from the epidemic might be threatened by another harsh winter.   So far, the new Covid-19 wave has had just a minor influence on corporate activity in the eurozone's 19 member...

Wall Street banks are preparing for a prolonged period of higher inflation by conducting internal health checks, checking whether clients in vulnerable industries can repay loans, developing hedging measures, and advising prudence when it comes to transactions.   Consumer prices in the...

After OPEC+ producers repeatedly disregarded demands for extra petroleum, US President Joe Biden's administration stated on Tuesday that it will release millions of barrels of oil from strategic reserves in collaboration with China, India, South Korea, Japan, and the United Kingdom to attempt to...

With the relaxation of the restrictions imposed by authorities to prevent the spread of Covid-19, there was an acceleration of output which pushed the pace of growth of factory activity in Japan in the month of November was the fastest in almost four years. That was despite a surge in input costs...

Barclays Bank has raised its forecast for average oil prices for the next 2022 to $77 and $80 a barrel for WTI and Brent, respectively, Reuters reports. According to the bank's experts, the market should expect a faster reduction in crude inventories and a cautious supply response. The bank...