European stocks closed lower on Thursday, as investors digested the latest rate hikes by the U.S. Federal Reserve and the European Central Bank
The UK housing market is facing a prolonged slowdown as high interest rates, rising inflation and economic uncertainty deter potential buyers and force sellers to lower their asking prices.
The Federal Reserve is unlikely to raise interest rates at its next meeting in November, according to a report by Goldman Sachs strategists published on Saturday.
France wants to end the era of ultra-cheap flights in Europe and has proposed a minimum price for airline tickets to reduce carbon emissions and support the rail sector.
The fund, named Brookfield Societe Generale Private Debt Partners (BSG PDP), will have an initial capital of $10.70 billion, making it one of the largest private debt funds in the world.
Islamic banks face significant challenges in efficiently managing liquidity due to the limited Shariah-compliant instruments available.
The world’s largest automaker was forced to suspend operations at all 14 of its assembly plants in Japan last week due to a software glitch.
China’s property sector, which accounts for a third of its economic output, is facing a severe downturn that could have global repercussions.
The Federal Reserve may need to raise interest rates further to cool down the US economy and bring inflation under control, according to a senior Fed official.
The BRICS nations of Brazil, Russia, India, China and South Africa have been meeting in Johannesburg this week to discuss their future cooperation and role in the global economy. One of the most ambitious and controversial proposals on the table is the creation of a […]
