European countries' bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis.
Nasdaq futures ticked higher on Monday, supported by gains in beaten-down megacap growth stocks after a recent rally in U.S. Treasuries showed signs of cooling, while Meta Platforms rose on reports of a fresh set of layoffs.
The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to be more upbeat, pointing to the U.S. economy likely avoiding recession and China's reopening from pandemic controls.
India's annual retail inflation in January rose above the central bank's upper threshold for the first time in three months, on higher food prices, which could keep policymakers' bias towards managing higher prices.
Credit cards are becoming increasingly useless in Venezuela because of high inflation and government restrictions, hurting people already struggling to meet daily needs on low salaries, banking industry sources, analysts and consumers said.
New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos and the regulator said in separate statements on Monday.
Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters.
A Russian scheme to grant loan payment holidays to troops in Ukraine, and for banks to write off the debt if they are killed or maimed, has added to pressure for overseas lenders in Russia to leave.
The former boss of Wirecard on Monday expressed his "deepest regret" over the collapse of the defunct payments company but denied all allegations as he took to the stand in Germany's biggest post-war fraud trial.
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