Economy

Visa and Mastercard, the world’s largest card payment companies, said on Saturday that they will cease operations in Russia, becoming the latest major US company to do so in response to Moscow’s invasion of Ukraine. Mastercard...

The US economy added 678,000 jobs last month, far ahead of expectations, as activity continued to rebound. The unemployment rate also edged down to 3.8%, the US Bureau of Labor Statistics reported, reports BBC. Job growth...

Canadian Prime Minister Justin Trudeau announced Monday a ban on Russian oil imports, saying oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs and wage war against Ukraine. He said Ottawa would...

Crude surged past $110 a barrel on Wednesday and equities sank with investors growing increasingly fearful about the Ukraine war’s impact on global energy supplies and the economic recovery. Vladimir Putin’s invasion of his neighbour has...

Sri Lanka’s public transport was crippled on Wednesday as buses ran out of diesel, officials said as the country’s foreign exchange crisis worsened with no dollars to import fuel. The Private Bus Owners’ Association said they...

The Suisse Secrets investigations, which were published by the Organized Crime and Corruption Reporting Project (OCCRP), Süddeutsche Zeitung, The Guardian, and 45 other news organizations, reveal previously unknown breaches, suspect clients, and the amount of dirty...

Following the normalization of relations between the two nations in 2020, an Israeli minister arrived in Morocco on Sunday for a visit aimed at strengthening commercial and trade ties. According to her ministry, Economy Minister Orna...

Fuel prices have hit a new record high at the pump across the UK, tightening the squeeze on UK consumers, the motoring organisation the AA has said. Over the weekend petrol reached 148.02p a litre, while...

Japan’s economy rebounded in the last part of 2021, as virus cases slowed and restrictions were eased, spurring demand before the Omicron wave hit the country, data showed Tuesday. The world’s third-largest economy grew 1.3 percent...

British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would still be below fast-rising inflation, according to a survey published on Monday. With...