Russian President Vladimir Putin is being watched closely by experts and officials. They fear that Russia is planning to invade Ukraine. Tens of thousands of Russian troops have reportedly gathered
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Former Indian central bank chief warns rapid rate moves could fuel 'wealth shock' that scares consumers
Raghuram Rajan, who led India's Reserve Bank of India between 2013 and 2016, said this accommodative policy from many central banks had caused bubble-like conditions. He added that he believed that
Continue reading »U.S. to donate millions more Pfizer-BioNTech vaccine doses to poorer nations
Pfizer and BioNTech will provide an additional 500 million doses of their Covid-19 vaccine to the U.S. government. These will then be donated to low and lower-middle-income countries. The move
Continue reading »European markets advance, looking past inflation data
Data releases from Europe on Wednesday included the latest euro zone unemployment figures for July, German retail sales for July and August manufacturing PMI data for a handful of European
Continue reading »European markets head for higher open, reflecting buoyant global sentiment
European stocks are expected to open slightly higher on Monday, reflecting positive trade in Asia-Pacific markets overnight. Germany's DAX is expected to open 4 points higher at 15,842, France's CAC
Continue reading »Branson’s impact on commercial space race will be huge, says former NASA astronaut
On Sunday, Virgin Galactic successfully completed its first fully crewed test flight into suborbital space. “I think it's going to be huge,” said retired NASA astronaut Stott. “We’re on that
Continue reading »Some destinations are shutting out unvaccinated travelers. Here are a few
It's one thing to require unvaccinated travelers to quarantine or undergo extra Covid tests. It's another to bar them altogether. A small but growing list of travel destinations is either
Continue reading »The world must start preparing for the next pandemic, Singapore’s senior minister says
The next global pandemic could happen at any time and the world must start preparing for it now, Singapore's Senior Minister Tharman Shanmugaratnam told CNBC. Tharman co-chairs a G-20 panel
Continue reading »European markets head for higher open ahead of Fed meeting
European stocks are expected to open in positive territory on Tuesday as investors await the start of the U.S. Federal Reserve's latest monetary policy meeting. London's FTSE is seen opening
Continue reading »German economy stutters as Covid-19 curbs push up savings rate
The German economy shrank more than expected in the first quarter as coronavirus-related restrictions spurred householders to put more money than ever into savings. Europe's largest economy contracted by 1.8%
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