darkens

EY has told its US staff they will not be getting holiday bonuses this year, becoming the latest large firm in the financial and professional services sectors to signal a challenging…

LONDON — The outlook for airlines has darkened as the post-pandemic boom in travel wears off and recession looms, with carriers focused on Britain particularly exposed, industry executives…

Jeremy Hunt, chancellor, confronted the fiscal “storm” battering Britain on Thursday, announcing £55bn of tax rises and spending cuts intended to restore the country’s reputation and…

Lenders expect the availability of mortgages and consumer and corporate credit to shrink as more people and businesses default on loans. Rising interest rates and the worsening economic…

Breadcrumb Trail Links PMN Business Bewildered Biden administration officials hunkered down Thursday in the wake of a shock oil production cut by Saudi Arabia and its OPEC+…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Lewis Krauskopf and David Randall Article content NEW YORK — An already-murky outlook for U.S.…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Siyi Liu and Dominique Patton Article content BEIJING — Shanghai base metals posted weekly losses…

UK consumer confidence has fallen to its lowest level since comparable records began almost 50 years ago as the rising cost of living stokes concerns over personal finances and…

SHINJUKU DISTRICT at night — PEMA LAMA-UNSPLASH TOKYO — Japan’s economy rebounded at a slower-than-expected pace in the second quarter from a COVID-induced slump,…

A double whammy of lower volumes and elevated costs meant that December quarter (Q3FY22) earnings of cement makers was unexciting. Shrinking operating margins were particularly…