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Ratings giant Moody’s has warned of more pain ahead for the US banking system after a run on deposits led to the collapse of Silicon Valley Bank. Moody’s cut its…

Chintan Suhagiya is only 26, but already has seven years experience working in India’s diamond industry. Starting out, he ferried diamonds around his company, based in the world’s diamond polishing…

Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly…

EU chief Ursula von der Leyen has called for cuts to electricity use across the bloc and windfall taxes on energy firms to tackle high prices. She told the European…

Sri Lanka has secured a $3bn (£2.4bn) bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year…

Turning points in the economy can be a little messy. Just over two decades ago, the then Bank of England deputy governor Mervyn King said new economic figures had the…