World Economy

The UK eavesdropping agency GCHQ said it will recruit over 350 people in the next year as part of a push for more tech talent.

GCHQ is the British equivalent of the NSA. In fact, the two…

Australia’s Treasury lowered its estimate of the economy’s potential growth rate, or speed limit, reflecting weaker population growth and fewer hours worked in an economy adjusting to the end of a…

Pfizer Inc. and Allergan PLC agreed on a historic merger deal worth more than $150 billion that would create the world’s biggest drug maker and move one of the top names in corporate America to a…

Investor expectations of further monetary easing from European Central Bank President Mario Draghi have pushed yields on more than $2 trillion of eurozone government securities below zero.

France’s economy slowed following the Nov. 13 terror attacks in Paris and a subsequent tightening of security around the country, but it continued to grow, according to surveys released Monday,…

US states are still repaying federal loans for unemployment benefits more than six years after the recession, costing businesses from mighty Apple Inc. to Ohio’s humble Canton Chair Rental…

Growth in Germany’s private sector accelerated in November, a survey showed on Monday, suggesting Europe’s biggest economy is defying worries over a slowdown in China and the emissions scandal at…

Conservative challenger Mauricio Macri turned Argentine politics on its head on Sunday, kicking the ruling Peronist movement out of power with a promise to liberalize the ailing economy and end a…

HSBC has cut jobs in its retail and commercial banking units in the United Arab Emirates as the bank prepares for lower growth in the Persian Gulf Arab state next year, a source familiar with the…

Canada’s consumer price index rose as expected by 0.1% month on month in October, after recording a drop of 0.2% in the previous month, Investing.com reported. However, the nation’s retail sales…

A slump in commodities deepened, with industrial metals and oil leading losses as the dollar cemented gains. European index futures fluctuated after the region’s equities posted their biggest…

The Arab region is plagued by a lack of job opportunities, knowledge and real notions of democracy, Shaikh Mohammad Sabah al Salem al Sabah, a member of the UN high-level advisory committee,…

Hong Kong’s composite consumer-price index in October rose 2.4% from a year earlier, accelerating from the previous month as the September reading was distorted by the government’s one-off relief…

China will accelerate reforms to remove internal barriers to both foreign and domestic trade, the country’s cabinet said on Monday, a move designed to bolster domestic consumption in its slowing…

The world’s 7th largest economy, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious…

South Africa will narrowly avoid a recession in the third quarter, gross domestic product figures out this week should confirm. But there will be little cause for cheer as other data due out this…

Foreign investors buying property in Dubai, UAE, have to pay one of the lowest levels of taxes and transaction costs globally, even cheaper than London, Mumbai, Paris and Hong Kong, according to a…

Ratings agency Moody’s has said that the UK may be able to avoid a credit downgrade if it leaves the European Union.

The agency’s lead UK analyst said that it was possible that a “Brexit”…

The International Monetary Fund says Zambia’s economy is under stress, NewsNow reported. IMF, which sent a team of experts to Zambia to review the country’s economy, stated that the pressures on…

As Australia household budgets feel the pinch of higher mortgage rates, banks are stepping up their competition for new home loan customers by cutting key fixed…

Hungary’s government has decided to modify its legislation on a bank tax to address criticism from the European Commission, Economy Minister Mihaly Varga was quoted as saying by the national news…

The UAE has announced that it will invest over $82 billion in a new plan to build the country’s knowledge economy. The Science, Technology and Innovation Higher Policy will incorporate 100…

The government in Beijing will support the China-Pakistan Economic Corridor by using the Pakistani port of Gwadar, according to an official press release from Pakistan’s government.

The…

Russian corporate and sovereign debt has been the best performing of all emerging markets this year, British fund manager Schroders’ head of the Emerging Market Debt relative return said.

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Projecting India as a bright spot amid global slowdown, Prime Minister Narendra Modi Sunday said the country is running at 7.5% and will grow “even faster” in the coming years.