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The emergence of new COVID-19 variant Omicron and its fast spread has made the global economic recovery increasingly uneven towards the tail end of 2021. ....
Despite visible green shoots in key macroeconomic indicators in the first half, the emergence of new COVID-19 variant Omicron and its fast spread has made the global economic recovery increasingly uneven towards the tail end of 2021, due to which GlobalData, a leading data and analytics company, has revised down the global economic growth forecast for 2022 from 4. ....
EUROPEAN MIDDAY BRIEFING - Stocks, Oil Rise After Selloff morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Embattled Chinese property giant Evergrande was officially declared in default for the first time, as it admitted it won t be able to pay back its debts. ....
Evergrande told the Hong Kong stock exchange it won t be able to repay its debts. The company s founder Xu Jiayin, who once owned a Sydney mansion, summonsed by government authorities. ....