Published by Promoting Economic Pluralism
The top banker who acted as lead advisor to officials deciding the destination of Britain’s biggest ever public procurement contract was helping the winner of the multi-billion-pound takeover just two …
Top Banker Who Advised Gambling Commission to Award National Lottery to Czech Company Was Helping Winner Just Weeks Before Read More
LONDON, June 21 (Reuters) – Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leaning …
Consumer-focused lending under Labour could dent UK bank profits Read More
The results of India’s six-week-long national election, the world’s largest, started trickling in on Tuesday, showing that Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) was on track to secure a …
India election: Can Modi carry out tough economic reforms? Read More
NEW YORK (AP) — Some of the world’s wildest action in financial markets is roiling around the Japanese yen. The value of Japan’s currency has tumbled so much that for …
Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping Read More
Shopee, Lazada, TikTok, and Tokopedia have more than half of Southeast Asia’s e-commerce market. Shoppertainment, or content-driven commerce, is set to grow quickly with popularity of livestreams. Regulations could damp …
In Southeast Asia, Ramadan is an online shopping bonanza Read More
Sometimes climate change appears where you least expect it — like the grocery store. Food prices have climbed 25 percent over the past four years, and Americans have been shocked by the …
Extreme heat drives up food prices. Just how bad will it get? Read More
When Almudena Fernández saw the final result of the numbers she had been calculating, her jaw dropped. The chief economist for Latin America and the Caribbean at the United Nations …
Poor nutrition and fewer savings: The price Latin America and the Caribbean are paying as the world’s most volatile region Read More
The streets of Lagos, Nigeria’s largest city, are packed with angry demonstrators calling to “end hardship now!” amid the West African country’s worst economic crisis in more than two decades. The protests kicked off …
Many Nigerians struggle to afford food amid record inflation Read More
Banking giant Capital One has announced plans to acquire Discover Financial Services for $35.3bn in a deal combining two of the United States’s biggest lenders and credit card issuers. Capital …
US banking giant Capital One to buy Discover Financial for $35.3bn Read More
BANGKOK (AP) — China’s central bank said Wednesday it will cut amount of reserves it holds for banks as part of a slew of measures to support the slowing economy. …
China moves to spur its slowing economy and boost markets by cutting required bank reserves Read More