Mexico is not ruling out the possibility of appealing to an international panel over tax incentives proposed by the United States for some US-made electric vehicles, President Andres Manuel Lopez Obrador said on Tuesday.

Top executives of major US airlines will tell a Senate committee Wednesday they are ramping up hiring even as some raise concerns about a Covid-19 variant on demand, according to testimony seen by Reuters.

US lawmakers voted to raise the federal debt limit on Wednesday, eliminating the threat of a disastrous credit default with just hours to spare ahead of the deadline set by the Treasury.

The government will sign a preferential trade agreement (PTA) with Nepal soon to boost trade between the two South Asian nations, Commerce Secretary Tapan Kanti Ghosh said yesterday.

The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be “more comfortable” in 2022, the International Energy Agency said on Tuesday.

The Asian Development Bank warned Tuesday that the highly mutated Omicron coronavirus variant could have a  “substantial” economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia.

Toyota hiked its electric vehicle sales goal by 75 per cent on Tuesday, unveiling a more ambitious plan for the sector as part of efforts to drive down carbon emissions.

India’s retail inflation accelerated in November, led by a rise in food prices, but remained within the medium-term target of the central bank, strengthening views that the bank could keep interest rates on hold at its next meeting in February.

The Asian Development Bank warned Tuesday that the highly mutated Omicron coronavirus variant could have a "substantial" economic impact, as it trimmed its 2021 and 2022 growth forecasts for developing Asia.

Asia stocks held steady yesterday, despite a record-smashing lead from Wall Street, ahead of a week of major monetary policy announcements around the world.

American businesses stand to lose more than 3 million days of operations from flooding in 2022 and will face worsening economic fallout in the coming decades as climate change fuels ever more extreme weather events, researchers said yesterday.

The Bank of  Canada was to renew its monetary policy framework on Monday,  leaving its inflation target unchanged at 2% as concern about the cost  of living rises and the COVID-19 outlook remains uncertain.

Saudi Arabia approved its 2022 budget on Sunday, projecting a surplus for the first time since oil prices collapsed in 2014.

Afghanistan’s growing economic crisis deepened on Wednesday as the afghani currency fell to the hitherto unseen level of 125 to the dollar, less than a week after breaching 100, adding to growing pressure on prices of food and other staples.

Taiwanese voters will decide this Saturday on a new LNG terminal considered key for the chipmaking powerhouse to secure its energy supply but facing attacks from conservationists -- and from an opposition party eager to wrong-foot the government.

Israel on Thursday led a 10-country simulation of a major cyberattack on the global financial system in an attempt to increase cooperation that could help to minimise any potential damage to financial markets and banks.

Malaysia has charged Dyson supplier ATA IMS with four violations of labour law on accommodation for workers as it investigates complaints of forced labour, authorities said on Saturday.

Canada on Friday threatened to impose sweeping tariffs on American goods and suspend parts of a landmark North American trade deal if Washington rewards electric cars made in US union shops, to the detriment of Canada’s auto sector.

Research teams at Intel Corp on Saturday unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with several technologies aimed at stacking parts of chips on top of each other.

A regional office of the Global Institute for Food Security, a research organisation of University of Saskatchewan in Canada, was opened in Dhaka yesterday to help the country’s agricultural researchers gain advanced knowledge and skills.