WEF could name Lagarde chair as soon as November, sources say
The World Economic Forum could appoint Christine Lagarde as its next chair as soon as next month, according to four…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US retail sales rise 0.8% in September as gasoline drives the gain
US retail sales rose 0.8% in September and beat forecasts, but higher gasoline prices drove most of the gain. Spending…
Ukraine resumes strikes on Russian refineries after energy ceasefire collapses
Ukraine will resume attacks on Russian energy infrastructure, President Volodymyr Zelenskyy said, after Moscow failed to uphold an "energy ceasefire"…
WTO chief says Middle East war and geopolitics will have lasting impact on trade
The World Trade Organization's director general says geopolitics and the wars in Ukraine and the Middle East will keep reshaping…
IMF Projects Asian Growth Slowing to 4.4% in 2027 as Global Yields Rise
The International Monetary Fund expects Asia's growth to slow to 4.4% in 2027 from 4.8% in 2026. It points to…
