The world is on the verge of another recession, according to the International Monetary Fund.
It has revised down its global growth forecast for the...
China's economic problems are “unlikely” to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed.
The Chinese...
The world economy is recovering but is still fragile and “faces some downside risks”, according to International Monetary Fund (IMF) chief Christine Lagarde.
In an...
U.S. industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in...