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Global stocks slip, dollar steady as retail sales tip Fed outlook

Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clouded the inflation outlook and hopes...

UK inflation hits 41-year high as Hunt readies budget

Surging household energy bills and food prices pushed British inflation to a 41-year high, according to data published a day before finance minister Jeremy...

European shares opens lower, defence stocks rise after Poland blast

European shares opened marginally lower on Wednesday, with Mercedes Benz Group leading losses in automobiles stocks, while a blast in Poland kept sentiment subdued...

Africa deserves right to use natural gas reserves – AfDB chief

The right of African countries to use their natural gas reserves should be reflected in any deal at the COP27 climate talks, the president...

WTO warns of ‘real’ recession risk in some major economies

The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as...

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