World Economy

The Northern Ireland economy will grow by just 0.2% in 2017, the consultancy PwC has forecast.

It said the result of last month’s referendum, in which the UK voted to leave the European…

Down the cobbled streets of Palermo, past baroque churches and gothic palaces, a lesson is lurking for Italy's government as it hatches a plan to save the country's banks.

The UK inflation rate rose 0.5% in June, a higher rate than the 0.3% reported in May, indicating inflation is back on an upward trend towards the 2% target, said economists.

Zimbabwe’s economic difficulties have deepened after it defaulted on its commitment to repay its three preferred creditors—the International Monetary Fund, World Bank and the African Development…

Japan’s Softbank has acquired UK semiconductor firm ARM Holdings in a deal worth over $32 billion, the companies announced on Monday, as the Japanese telecoms giant bolsters its…

Just as mortgage bankers were preparing for the end of a historic boom driven by low interest rates, borrowers have begun knocking at their doors again, Reuters reported.

The European Central Bank, widely expected to hold fire on monetary policy this week, was likely to prepare the ground for more stimulus measures in September, as the economic fallout for the…

The six richest countries—which make up more than half the global economy—host less than 9% of the world’s refugees, an aid group has said.

The United States, China, Japan, Germany, France…

Nigerian inflation accelerated to the highest rate in almost 11 years in June, adding pressure on policymakers to increase borrowing costs.

The inflation rate in Africa’s largest economy…

Britain’s biggest companies are beset by doubts about the future after last month’s vote to leave the European Union and have slashed their investment plans, according to a survey on Monday that…

According to a survey, economists now expect lower readings in most economic indicators for the Italian economy and the eurozone.

The survey by Bloomberg News from July 8 to July…

While most advanced economies struggle to lift inflation, none would want Venezuela’s situation: Consumer-price inflation is forecast to hit 480% this year and top 1,640% in…

Just six months ago, Monsanto, the world’s largest seed company, was still painting itself as a predator, saying it would continue to seek acquisitions in crop chemicals after failing to buy…

If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding.

Ukraine, drained by a two-year pro-Russian insurgency in its eastern regions, is seeking investors for a majority stake in Odesky Pryportovy Zavod, the country’s biggest ammonia factory, in…

Germany’s largest bank has said it will close or merge 188 of its branches across the country. The move comes as the institution continues to struggle financially.

Deutsche Bank will shut…

David Lipton, one of the International Monetary Fund’s highest ranked officials, has warned China that it needs to initiate “serious reforms” in order to address the country’s corporate debt if it…

The Asian Development Bank lowered its 2016 growth forecast for developing Asia on Monday, citing the slowing US economy and near-term shocks from Britain's decision to leave the European Union.…

KKR & Co and Aion Capital Partners, a private equity firm backed by Apollo Global Management, are among investors considering buying stakes in beleaguered Indian steelmakers, people with…

Months after the US energy industry triumphed in overturning an oil export ban, a group of independent producers wants to take policy one step further and curtail crude imports.

Fraudulent misinvoicing of trade is hampering economic growth and potentially resulting in billions of US dollars in lost tax revenue in some developing countries, the UN said in a report released…

China’s economy expanded slightly faster than expected in the second quarter but private investment growth shrank to a record low, suggesting future weakness that could pressure the government to…

Getting cash out of an ATM could be getting a bit easier. Finance technology company Fidelity Information Services and ATM provider Payment Alliance International have announced that they will be…

The Turkish government moved swiftly to calm investors before financial markets reopen Monday after a failed coup, with the central bank promising unlimited liquidity to banks and the deputy…

The Indian government’s policy focus hasn’t been based on populism, or on boosting cyclical growth through fiscal and monetary stimuli, but rather on repairing the system and initiating structural…