Kristalina Georgieva, managing director at the International Monetary Fund, shares a “simple message” to women and girls.
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in October.
Ukraine war live updates: Top U.S. spies warn Russia is boosting nuclear capabilities; Moscow unleashes barrage of missiles
The battle of Bakhmut continues to dominate news out of Ukraine this week, with all eyes on the fate of the city in Donetsk in eastern Ukraine.
No exit ramp for Fed’s Powell until he creates a recession, economist says
The U.S. Federal Reserve is likely to hike interest rates to at least 6.5% if the economy does not enter a mid-year recession, according to TS Lombard Chief U.S. Economist Steven Blitz.
I have always worked twice as hard as men to be equal, IMF chief says
IMF Managing Director Kristalina Georgieva says she had to work “twice as hard” to be equal to her male colleagues.
Ukraine is vowing to defend ‘fortress’ Bakhmut as Russian forces surround it: Here are 3 reasons why
It looks increasingly likely that Russia will be able to capture Bakhmut, but Kyiv has key reasons for trying to hold onto the besieged city in eastern Ukraine.
Cathay Pacific posts wider $834 million loss in 2022, remains upbeat on outlook
Cathay was badly hit by Covid-related flight cancellations, border closures and strict quarantine measures for crew, resulting in drastic headcount reductions.
‘Europe is very much open for you’: Germany backs EU membership bid of Russia’s neighbor Georgia
German Vice Chancellor Robert Habeck on Monday backed the European Union membership bid of Russia’s Caucasus neighbor, Georgia.
BlackRock says the Federal Reserve could hike interest rates to a peak of 6%
BlackRock’s chief investment officer of global fixed income Rick Rieder wrote in response to Fed Chair Jerome Powell’s testimony before a Senate committee.
The Fed plans to keep hiking, but Australia is set to pause as it warns of recession risks
As Federal Reserve Chair Jerome Powell hints at bigger and possibly faster rate hikes ahead for the U.S., Australia’s central bank could be headed toward a different path.