Global finance officials are worried about rising inflation pressures but there it is little fear that it will become a  “runaway train,” IMF chief Kristalina Georgieva said Sunday.

The US transportation secretary on Sunday warned that America’s supply chain woes including clogged ports will drag into next year, potentially cramping the upcoming holiday shopping season in the world’s largest economy.

Square Inc Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses.

India`s electricity demand grew 4.9 per cent during the first half of October, with supply falling short of demand by 1.4 per cent despite a 3.2 per cent rise in coal-fired generation and 30 per cent rise in solar output, a Reuters analysis of government data showed.

Palestinian businesses flush with too much Israeli cash: it may not be the most talked about aspect of the occupation, but experts warn it is a growing concern for the Palestinian economy.

Moscow on Friday rolled out a facial recognition payment system in the city’s metro system, part of a rapid expansion of the controversial technology in Russia.

China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying in an official media outlet on Sunday, the latest sign that the country is moving closer to adopting the long-discussed levy.

Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe should it receive such requests, Deputy Prime Minister Alexander Novak said on Saturday.

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new global hub for the digital currency.

Supply chain woes and growing inflation concerns pushed aside a widening gap in Covid-19 vaccinations and mounting debt problems for developing countries as the top concerns for global policymakers at International Monetary Fund and World Bank annual meetings this week.

Stocks surged globally on Friday in their best day in five months as strong US corporate earnings reports fueled optimism about the economy, though three-year-high oil prices kept inflation risks alive and lifted government bond yields.

The World Bank-International Monetary Fund Development Committee on Friday urged the bank to take additional steps to 

China’s central bank said Friday that the risk of spillover from embattled property giant Evergrande to the financial sector was  “controllable”, breaking its silence on the company’s debt troubles, state media reported.

New data out Friday showed $590 million in ransomware-related payments were reported to US authorities in the first half of 2021 alone, setting a pace to beat totals for the whole previous decade as cyber-extortion booms.

European Union leaders are set to press ahead with measures to shield consumers from record-high energy prices that have curtailed industrial production and hiked consumer bills.

Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas (LNG) supplies, as soaring gas prices and domestic power shortages heighten concerns about the country’s fuel security, several sources said.

Waving signs like “coercion is not consent,” and “stop the mandate,” some 200 Boeing Company employees and others staged a protest on Friday over the planemaker’s Covid-19 vaccine requirement for US workers.

Wall Street banks have been among the biggest beneficiaries of the pandemic-era trading boom, fueled by the Federal Reserve’s massive injection of cash into financial markets.

At a warehouse northwest of London, dozens of workers sort boxes of Christmas toys, scanning barcodes and moving them on forklift trucks.

China’s energy crisis deepened on Friday as cold weather swept into much of the country and power plants scrambled to stock up on coal, sending prices of the fuel to record highs.