Tag: recession

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Recessions risks knock stocks, speculators drawn back to yen

Asian stock markets struggled to make headway on Thursday, after weak U.S. consumer data stoked recession worries and nudged investors toward safe assets such...

UK recession to limit food retail sales growth in 2023 -NielsenIQ

Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sales to around 5% in 2023,...

Global economy faces tougher year in 2023, IMF’s Georgieva warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United...

German businesses expect only mild recession as disruptions ease

German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material shortages and a tepid global economy, a...

Energy stock bulls hit pause as recession looms

After two straight record-breaking years, investors that profited from booming oil stocks are now betting on a temporary retreat, as recession threatens economies in...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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