A flood of cheap Chinese steel has prompted smaller Indian mills to consider scaling back of operation and job cuts, Reuters reported on Wednesday. India, the world’s second largest steel maker, turned into a net importer last year as the government contemplates curbing imports. Capacity utilisation has dropped by nearly…
Venezuela’s Vice President, Delcy Rodriguez, made an important announcement on Tuesday, outlining the government’s ambitious $22.7 billion budget for…
US equity benchmarks rose on Wednesday led by gains in technology shares such as Salesforce and Marvell Technology. At…
France’s political landscape was thrown into disarray as Michel Barnier’s government, which lasted just three months, collapsed after a…
The Federal Reserve’s latest Beige Book, a compilation of anecdotal economic data from across the country, paints a picture…
South Korean President Yoon Suk Yeol is on the brink of impeachment after his controversial decision to briefly impose…
Gold prices were little changed on Thursday despite political turmoil in France and South Korea as safe-haven demand remained…
Russia’s war economy has long been a paradox. For over two years, it has weathered intense Western sanctions, a…
Brazil’s Central Bank, officially known as Banco Central do Brasil (BCB), took an important step by launching a public…