The US Commerce Department said on Monday it had added 33 Chinese entities to its so-called ‘unverified list’, which requires US exporters to go through more procedures before shipping goods to the entities.

Ford will cut its North American vehicle production next week due to a semiconductor shortage, US media reported Saturday.

Stocks were mixed Friday as markets weighed a surprisingly good US jobs report against concerns over tighteningmonetary policy, while oil prices pushed closer to $100 a barrel.

The International Monetary Fund is ready to discuss “options” with Sri Lanka if the government asks for financial support, its mission chief for the island told AFP on Thursday.

The US economy created far more jobs than expected in January but despite the disruption to consumer-facing businesses from a surge in Covid-19 cases, pointing to underlying strength that should sustain the expansion as the Federal Reserve starts to raise interest rates.

Facebook’s parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad business that plunged shares some 22 per cent in after-hours trading.

IMF Managing Director Kristalina Georgieva on Wednesday called for a peaceful resolution to the standoff between Russia and Ukraine, noting it is already contributing to a spike in energy prices and hurting global growth.

Google’s parent firm Alphabet announced quarterly profits Tuesday that beat expectations and nearly doubled in 2021 -- after a booming holiday season for the online ads giant facing anti-trust regulation scrutiny.

The IMF and World Bank once again postponed the annual meetings set to take place in Morocco, pushing them back another year to October 2023, the institutions announced Monday.

The US Federal Reserve is not ruling out raising rates by half a percentage point if inflation remains high, Fed official Raphael Bostic said in an interview with the Financial Times.

US stocks maintained gains Wednesday even after the Federal Reserve signaled an interest rate hike could be coming soon, while tension between Russia and Ukraine pushed oil prices to highs not seen since 2014.

The US trade deficit in goods widened to a record high in December as imports increased for a fifth straight month amid strong domestic demand, suggesting that trade likely remained a drag on economic growth in the fourth quarter.

Microsoft beat market expectations Tuesday with strong quarterly performance in cloud computing and software, still benefitting from the pandemic’s online shifting of work, play, shopping and learning.

General Motors announced Tuesday plans to invest $7 billion in the US state of Michigan as it converts assembly plants and builds batteries for the transition to electric vehicles (EV).

The Federal Reserve’s first policy meeting of the year hasn’t even concluded but Wall Street already is unhappy, wary of what central bank chief Jerome Powell might say on Wednesday about his inflation-fighting plans.

The US Commerce Department said Tuesday a global survey of semiconductor chip producers and users shows a shortage will persist, sparked primarily by wafer production capacity constraints.

The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world’s two largest economies, the IMF said Tuesday.

The Federal Reserve has its inflation-fighting weapons ready to fire, and when the US central bank’s policy committee convenes this coming week, the focus will not be on whether they will pull the trigger but rather how many times.

Bitcoin dropped again on Saturday and was last down around 4 per cent for the day, hovering around the $35,000 level.

US Energy Secretary Jennifer Granholm said Friday she had raised the Joe Biden administration’s “real concerns” about Mexico’s planned energy sector reforms, stepping up pressure on the major trading partner.