Economy

Brussels (Belgium) (AFP) - The EU is looking to "choke off" revenue Russia uses for its war on Ukraine by...

Clothing giant Shein in focus as France targets fast fashion

by David Peterson

Shanghai (AFP) - With jaw-droppingly low prices and a seemingly endless selection of trendy clothes, Shein has taken the world...

EU agrees to move ahead on using Russian assets for Ukraine

by Emma Reilly

Brussels (Belgium) (AFP) - EU leaders on Thursday agreed to "take work forward" on a plan to use the profits...

Mexico cuts interest rate for first time in three years

Mexico City (AFP) - Mexico's central bank on Thursday reduced its benchmark interest rate for the first time in three...

16 US states challenge Biden admin freeze on new LNG export approvals

by Natalie Fisher

Houston (AFP) - Texas and 15 other US states filed a lawsuit on Thursday challenging the Biden administration's freeze on...

Bank of England freezes interest rate at 16-year high

by Emma Reilly

London (AFP) - The Bank of England on Thursday held its key interest rate at a 16-year high, opting against...

EU-Canada trade deal stumbles in French Senate

Paris (AFP) - The French Senate on Thursday overwhelmingly voted against a free-trade agreement between the European Union and Canada,...

US home sales rise in February by most in a year

by Emma Reilly

Washington (AFP) - Sales of existing homes made the biggest jump in a year last month on improved housing supply,...

US lawmakers race to avert weekend government shutdown

Washington (AFP) - US lawmakers released a $1. 2 trillion package in the early hours of Thursday to complete the 2024 federal...

Leaders tout nuclear power as climate tool at Brussels summit