IMF urges Europe to provide more monetary and fiscal support to the eurozone economy

Rising infections and re-imposed lockdowns have damaged confidence and lowered mobility...

Wall Street's first-half profits rocketed 82% to their highest since 2009

Pretax profits through the first six months of the year leaped to $27.6 billion, fueled...

The UK economy shrank more than it has done in 65 years, plunging 19.8% in the second-quarter

The latest figures show that the UK's quarterly decline was less pronounced than previous...

UK economy grew 6.6% in July, its third straight rise, but has recovered only half of lost output

"The UK economy is still 11.7% smaller than it was in February before the full impact of...

The UK's national debt tops R45 trillion, and passes 100% of its GDP for the first time in 50 years

The figure reflects a high amount of government borrowing to support businesses and...

The UK is in an official COVID-19 recession after GDP plunged 20.4% in Q2

The UK's Office for National Statistics reported the plunge, bringing the UK into an...

US economy beats forecasts, adds 1.8 million jobs in July as unemployment rate declines to 10%

July marked the third straight month of jobs added for the US economy as it claws back...

France’s GDP dropped by an all-time record as Europe feels the coronavirus pain

Although economists predicted a 15.2% decline, second-quarter figures reflect the painful...