Africa's biggest economy slips into recession as GDP contracts for second consecutive quarter, statistician general says.
Bitcoin is in the headlines, re-kindling a debate over its true role and the drivers behind its latest scintillating rally.
"We are working on both strengthening our economic policies and raising the bar of democracy and freedoms while easing daily life for our citizens," the Turkish president says.
According to official figures from Transport for London (TfL), the number of licensed black cabs in the British capital city has gone down from more than 19,000 on March 1 this year to just under 15,000 on November 8.
Turkey’s central bank aggressively raises its main interest rate by 4.75 percentage points after a major shake-up of the country’s economic team.
In his statement ahead of the Asia-Pacific Economic Cooperation summit, Chinese President Xi Jinping called for stronger policy coordination among international communities and said globalisation is "irreversible".
Boeing 737 MAX planes in the United States were grounded after two crashes that killed a total of 346 people in 2018 and 2019.
Warning about the dangers of high interest rates, Turkish President Erdogan says generating employment, boosting exports, production and investments are not possible with high interest rates.
The cryptocurrency is now close to its all-time high of just under $20,000, which it touched at the peak of its retail investor-fueled 2017 bubble.
The IMF's “A Year Like No Other” report says that it gave loans worth $165 billion to 83 countries, while some $12 trillion had been spent by nations to stop the economic recession amid the coronavirus outbreak.
Airbnb details losses in the first nine of the year amid virus pandemic ahead of the planned initial public offering of its stock.
Japan has made a major economic recovery in the third quarter, thanks to the stimulus package it recently announced to promote private consumption.
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