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The global economy is “perilously close to falling into recession”, according to the latest forecast from the World Bank. It expects the world economy to grow by just 1.7% this…

Russia’s economy shrank last year by less than had been expected given its invasion of Ukraine, figures suggest. The economy contracted by 2.1%, according to the country’s statistics agency, but…

Japan’s economy has unexpectedly shrunk for the first time in a year as the rising cost of living hit consumer spending growth. Gross domestic product (GDP) fell by an annualised…

Britain’s stock market has lost its position as Europe’s most-valued, with France taking the top spot, data shows. A weak pound, fears of recession in the UK and surging sales…

Share prices have jumped as investors welcomed official figures that show the cost of living in the US increased at a slower than expected pace last month. The US consumer…

The pound fell against the dollar on Friday as new figures showed a gloomy picture for the UK economy. Sterling slipped to $1.11, after rallying on Thursday as Prime Minister…