The reliance on low-paid migrant labor underscores the risks behind the model.
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US Budget Gap Shrinks 17% for First Third of 2026 Fiscal Year
Tariff revenue helped shrink the US budget deficit by 17% in the first four months of the fiscal year, showcasing…
Read MoreBank of France Sees Sustained Economic Growth in Early 2026
France’s economy will sustain steady growth at the start of the year, unchecked by persistent geopolitical risks and uncertainty, the…
Read MoreBank of Canada Blames US Policy for ‘Resurgence in Uncertainty’
The Bank of Canada’s governing council says recent US actions on trade, foreign policy and central bank independence are making…
Read MoreFed Moves to Drop Some Prior Demands on Banks to Fix Flaws
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them…
Read MoreFederal Reserve to Drop Some Prior Demands on Banks to Fix Flaws
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them…
Read MoreRolls-Royce CEO calls on PM Modi, shares plans to be part of Viksit Bharat
Modi was responding to a post by Rolls-Royce on Erginbilgic's meeting with Modi
Read MoreMexico Peso’s Rally Stalls as Trump Reignites Trade Angst
The rally that has sent the Mexican peso to the highest in almost two years hit a bump on Wednesday…
Read MoreBombay Dyeing Q3FY26 results show ₹9.85 crore loss, revenue down 22%
The company posted a net profit of ₹70.06 crore in the October-December quarter a year ago, according to a regulatory…
Read MoreSlovakia Draws Record €8.6B Demand for Benchmark 20-Year Bond
Slovakia attracted record demand for the sale of a €2 billion ($2.4 billion) benchmark bond, widening the pool of investors…
Read MoreMorgan Stanley, Goldman Sachs, others buy 1.92% stake in Ather Energy
These entities purchased a total of 73,33,219 shares on NSE and BSE, representing a combined 1.92 per cent stake in…
Read MoreEurope Must Embrace Its Strengths and Add Scale, Schnabel Says
Europe has what it takes to build a thriving economy, but it must step efforts to implement reforms and embrace…
Read MoreFirst Factory Jobs Gain Since 2024 Offers Hope of Recovery
Employment at US factories increased for the first time since late 2024, a nascent sign that American manufacturing may be…
Read MoreLithuania Signals Potential Pivot On China to Restore Relations
Lithuania’s prime minister signaled openness to a demand by China to restore diplomatic relations, marking a potential turn in the…
Read MoreIndigo, A-I, SpiceJet say FDTL norms ‘more restrictive’ than global norms
The Federation of Indian Airlines, representing IndiGo, Air India and SpiceJet, has told the DGCA that the draft rules should…
Read MoreEU Finance Chiefs to Discuss Lifting Use of Euro in Transactions
Euro-area finance ministers will discuss options to promote the use of the common currency in issuance and transactions, part of…
Read MoreBrigade Group expands Kerala footprint with WTC, Brigade Square launch
Bengaluru-based Brigade Group unveils World Trade Center and Brigade Square in Thiruvananthapuram, boosting its commercial real estate footprint in Kerala
Read MoreBank of Ghana Urges Lenders to Go Public by Tapping Pensions
Ghana’s central bank is urging the country’s lenders to tap into pension funds’ huge resources by offering shares and listing…
Read MoreLG Electronics India Q3 results: Net profit down 61.6% due to subdued sales
LG Electronics India posts 61.6% drop in Q3FY26 net profit as subdued demand, higher input costs and currency headwinds weigh…
Read MoreFed’s Path to More Rate Cuts Challenged by Jobs Surprise
Unexpectedly strong employment data for January reduces the chances the Federal Reserve will see a need to cut interest rates…
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