Economic News

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s Supreme Court on Friday directed the central bank to issue funds for provincial snap polls, a court order said, a day after parliament ruled against provision of the money, deepening a discord between the judiciary and the government amid

(Reuters) – At least four people died and 13 were injured in a fire at a shelter for children and adolescents in Northeastern Brazil on Friday, the local fire department said.

By Anne Kauranen IMATRA, Finland (Reuters) – Finland is building the first stretch of a fence on its border with Russia on Friday, less than two weeks after it joined the NATO military alliance to complete a security U-turn taken in response to the war in

MOSCOW (Reuters) – Russia’s economy ministry revised higher its 2023 gross domestic product (GDP) forecast on Friday to growth of 1.2% from a contraction of 0.8%, news agencies reported.

LONDON (Reuters) -There is no evidence that the COVID-causing virus came from animals, the former head of the Chinese Center for Disease Control and Prevention (CDC) said on Friday.

(Reuters) -UnitedHealth Group Inc beat Wall Street estimates for quarterly profit on Friday and raised its annual forecast, after a slow recovery in non-urgent procedures helped lower medical costs at its insurance unit.

NAIROBI (Reuters) – Fifteen “radicalised” Kenyan Christians were rescued on Friday from a fast which began after they were told they were going to meet their maker, but four died during the rescue mission, police said.

(Reuters) – Ukraine has banned its national sports teams from competing in Olympic, non-Olympic and Paralympic events that include competitors from Russia and Belarus, the sports ministry said in a decree published on Friday.

By Humeyra Pamuk, Francesco Guarascio and David Brunnstrom

ELBASAN, Albania (Reuters) – A court in Albania decided on Friday not to extradite a Russian self-proclaimed blogger arrested last August on spying charges, who faces similar charges in Moscow.

(Fixes typo in first paragraph) By Joice Alves

WASHINGTON (Reuters) – U.S. business inventories rose moderately in February, suggesting that inventory investment could subtract from economic growth in the first quarter.

LONDON (Reuters) – HSBC’s planned sale of its French retail banking business to Cerberus-backed My Money Group may fall through due to interest rate rises in France, the British bank said on Friday.

By Joe Bavier WASHINGTON (Reuters) – Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and endangering its long-term development, the International Monetary Fund’s (IMF) top official for the region said.

(Reuters) -Parler, a social media app popular with U.S. conservatives, was sold to digital media conglomerate Starboard for an undisclosed sum and will be shut down temporarily to give its new owner time to roll out a revamped version of the platform.

WASHINGTON (Reuters) – U.S. consumer sentiment inched up in April, but households expected inflation to rise over the next 12 months.

LONDON (Reuters) -A 23-year-old man was found guilty of threatening behaviour after throwing about a half-dozen eggs at King Charles in November when the monarch visited York in northern England, PA Media reported on Friday.

By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) – Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday, but she added that the southern African oil producer’s government would not tap the

OSLO (Reuters) – Fifteen Russian diplomats expelled by Norway this week had sought to recruit sources, intercept communications and buy advanced technology, the Norwegian PST security police said on Friday.

THE HAGUE (Reuters) – The Netherlands will widen its existing euthanasia regulations to include the possibility of doctor-assisted death for terminally ill children between one and twelve years old, the Dutch government said on Friday.