Page 36 - Eco News Today

Economic output fell 0.1% in May from April.

The South African rand was little changed in early trade on Thursday, as the previous day's rally lost steam before the release of local mining output figures.

For hundreds of thousands of ordinary Swedes, investing in one of their country's biggest landlords SBB was a sure bet for years. Now it is at the epicentre of a property crash that threatens to engulf the Nordic state's economy.

A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey on Thursday.

Most major stock markets in the Gulf rose in early trade on Thursday after U.S. inflation and economic data boosted hopes that the Federal Reserve may have fewer interest rate hikes in store, although the Saudi index bucked the trend.

Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates in the world's biggest economy are close to their peak.

Italy is looking to boost the ability of listed companies to issue shares with enhanced voting rights, a Treasury official said on Thursday, as part of efforts to stop a steady flight of businesses from Milan to the Netherlands.

British Prime Minister Rishi Sunak on Thursday sought to end months of crippling public sector strikes by offering teachers, doctors and other workers pay increases of 6% and above, but warned it would cost billions that could mean cuts elsewhere.

The news of the sudden death of Japanese social media and television personality Ryuchell has shocked fans, here are five facts about the talented 27-year-old.

Canada's main stock index opened higher on Thursday, with materials and technology stocks leading gains as risk sentiment prevailed after cooling U.S. inflation fueled bets that the Federal Reserve's interest rate hikes are nearing an end.