RBGPF
-0.2800
Hong Kong's economy shrank by 3.5 percent in 2022, with exports plunging and the city's worst-ever coronavirus outbreak battering businesses, the government announced Wednesday, while saying it hoped China's reopening would spur a recovery.
Shares in the Indian tycoon Gautam Adani's flagship firm nosedived again on Wednesday as its owner dropped out of the Forbes top 10 rich list following allegations of massive accounting fraud.
Premier League clubs spent a record £815 million ($1 billion) in a frantic January transfer window -- nearly double the previous highest figure, according to sports finance experts Deloitte.
The Federal Reserve starts the second day of its policy meeting Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling.
Electric car sales set a new market share record in the European Union in 2022, industry figures showed Wednesday, as the region seeks to rid itself of fossil fuel cars.
A successful public offer failed to stop investors dumping shares in Indian tycoon Gautam Adani's business empire for a fifth day on Wednesday after allegations of massive accounting fraud from a short-seller investment group.
Asian markets bounced back from two days of losses on Wednesday as traders tracked a Wall Street surge fuelled by data pointing to slowing US inflation and hopes the Federal Reserve's rate hike drive is coming to an end.
Standing in a barren schoolyard surrounded by baobab trees at the end of a dusty road in central Senegal, Leila Sy takes a look around and smiles.
New Zealand forward Ardie Savea said Wednesday that he believes Campbell Johnstone's "courageous" coming out as the first gay All Black could pave the way for other rugby stars.
Orphaned and homeless, Eddy Kenzo used to struggle to persuade DJs to play his songs, but Uganda's first Grammy contender said his success offers hope that even the poorest person can triumph.
Norwegian electric car owners have a word for the way they feel when they look nervously at their battery indicators while driving in subfreezing weather: "rekkevideangst", or "range anxiety".
Most Asian markets bounced from two days of losses on Wednesday as traders tracked a Wall Street surge fuelled by data pointing to slowing US inflation and hopes the Federal Reserve's rate hike drive is coming to an end.
Iraq's premier said Tuesday that new banking regulations had revealed fraudulent dollar transactions made from his country, as the fresh controls coincide with a drop in the local currency's value.
Wall Street stocks rallied Tuesday on mostly good corporate earnings after a mixed session in overseas markets ahead of key central bank decisions.
Nathan Anderson sees himself as a scourge of corporate manipulation, but some investors and business leaders see short-sellers like him as engaging in tactics more akin to Wall Street gunslinging for profit.
Protests against French President Emmanuel Macron's plan to reform the pension system gathered momentum on Tuesday, with more than 1.27 million people in the street according to the interior ministry.
Caterpillar reported a drop in profits Tuesday as higher costs and the drag from the strong dollar offset the lift from buoyant demand in industrial markets.
Alexander Zverev said "justice has prevailed" after tennis chiefs announced Tuesday there was "insufficient evidence" to substantiate allegations of domestic abuse against the German former world number two.
US environmental authorities on Tuesday blocked a huge gold and copper mine project in Alaska's pristine salmon-rich Bristol Bay.
After two straight years of surging sales due to Covid-19 products, Pfizer projected a steep decline in 2023 revenues as demand for vaccines and therapeutics ebbs.
US central bankers opened a two-day policy meeting Tuesday on rising expectations that they will slow the pace of interest rate hikes again, as inflation begins to fade.
Swiss banking giant UBS voiced optimism for 2023 on Tuesday, hoping that higher interest rates and a swelling business in Asia would boost its results following a turbulent 2022.
General Motors rode a strong performance in North America to higher fourth-quarter profits and said Tuesday that an easing in logistics problems has helped brighten its outlook for 2023.
The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth quarter of 2022, official data showed Tuesday, but the outlook remained gloomy as soaring prices dampen growth.
ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.
British Prime Minister Rishi Sunak defended Brexit as a "huge opportunity" on Tuesday, as the UK marked three years since leaving the EU amid economic crisis and a growing public sense of "Bregret".
Adani Group's ambitious share sale exceeded its subscription targets Tuesday in a relief for the Indian conglomerate, which is reeling from allegations of "brazen" corporate fraud that wiped more than $65 billion off its value.
Former world number two Alexander Zverev will face no disciplinary action from the ATP after an independent investigation found "insufficient evidence" to substantiate allegations of domestic abuse, it was announced Tuesday.
Supermarket group Tesco, the biggest retailer in Britain, announced Tuesday plans to slash about 2,100 jobs, as sky-high inflation hikes costs.
French President Emmanuel Macron on Tuesday faced a new wave of anger over his plan to reform pensions, with nationwide strikes and protests causing widespread disruption in transport, schools and other public services.
Peru's Congress will resume debate Tuesday on a bill to bring forward elections, a move aimed at ending weeks of protests that have left dozens dead and brought parts of the country to a standstill.
France woke up to a day of paralysis Tuesday with transport blockages, mass strikes and demonstrations hitting the country for the second time in a month to protest a planned reform to raise the retirement age.
Asian markets sank Tuesday following a big selloff on Wall Street and ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to lift the mood.
Europe has weathered the energy crisis that followed Russia's invasion of Ukraine so far, but businesses and households are already thinking about how to get through the next winter.
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.
China's factory activity expanded in January after months of contraction, official data showed Tuesday, as the world's second-largest economy stirs back to life after Beijing ended strict Covid curbs.
Even before his onions are fully grown, Philippine farmer Luis Angeles races to harvest the crop and cash in on eye-watering prices for a vegetable that has become a luxury item in the country.
France is bracing for major transport blockages on Tuesday, with mass strikes and protests set to hit the country for the second time in a month in objection to a planned reform to raise the retirement age.
China's factory activity expanded in January after four months of contraction, official data showed Tuesday, as its economy rebounded following the relaxation of strict Covid-19 curbs.