Economy
Just as Americans and Europeans were eagerly awaiting their most normal holiday season in a couple of years, the omicron variant has unleashed a fresh round of fear and uncertainty — for travelers, shoppers, party-goers and their economies as a whole. The Rockettes have canceled their Christmas show in New York. Some London restaurants have ...
The Turkish lira rebounded from record lows of around 18 to just over 13 against the US dollar by Tuesday opening after measures to prop the currency up ...
Global oil prices fell on Monday fueled by concerns of rising omicron variant cases worldwide, resulting in lowering oil demand expectations. International benchmark Brent crude was trading at ...
Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per month next yearto address a currency crash and inflation spike,President Tayyip Erdogan said ...
It's been reported that the shortage of electronic parts could weigh more heavily on carmaker Volkswagen than expected. The specialist German publication Manager Magazin reported on Thursday that ...
The European Union plans to stop funding new oil and gas pipelines in future, as it switches the focus to promoting energy sources that are less harmful to ...
Amid renewed concerns about the omicron variant of COVID-19, global markets on Friday focused on key US inflation data that could set direction on Federal Reserve rates. Analysts ...
The Italian Competition Authority (AGCM) on Thursday fined Amazon more than a billion euros for abusing its dominant market position in Italy and breaking EU law. Imposing the fine of ...
Oil prices increased on Thursday on investor relief following news that the Pfizer-BioNTech vaccine booster is capable of neutralizing the omicron variant. International benchmark Brent crude was trading at $76.32 per barrel at 0624 GMT for an 0.65% increase after closing the previous session at $75.82 a barrel. American benchmark West Texas Intermediate (WTI) was ...
Morocco participates in the 26th edition of the International Crafts Fair in Milan, considered as ''the largest'' exhibition of the industry in Europe. The Moroccan stand has seen ...
