Weak Economy

Meta and others tumble after hours as results point to weak economy

Meta Platforms fell over 3% after the Facebook owner posted its first-ever quarterly drop in revenue and issued a gloomy forecast, echoing a warning last week from ad tech rival Snap.

Lanco in talks to restructure $1.5 bn debt - paper

Lanco Infratech has started a discussion with bankers a restruture debt worth Rs 90 billion as a weak economy takes a toll.

UK loans drop despite flagship credit program

Bank of England said the figures may reflect a desire by lenders to reduce the scale of their balance sheets or to shed operations as a condition of receiving state aid. Some lenders want to shrink their "non-core" portfolios, such as commercial property loans.

iPhone, BlackBerry temporarily banned in Argentina

Putting into practice a ban on the sale of all foreign-made smartphones and stabilize the "poor economy", the ...

India is weakest economy; will sell off beyond 5400: Expert

Ajay Srivastava, chief executive officer of Dimensions Consulting joins CNBC-TV18 to opine on the way forward for the market from the massive uptick it has witnessed during the week.

US automakers warn of fragile demand

US auto sales ticked higher in July, but the industry's top salesmen cautioned the prospect for a second-half recovery remained clouded with consumers hurting in a weak economy.

Japan quake impact seen deep and long, recession likely

Japan's already weak economy faces deeper damage than initially thought from the triple blow of a devastating earthquake, tsunami and nuclear disaster, and risks prolonging its sluggish recovery.