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Amazon’s additional Prime Day will shift holiday shopping even earlier

Amazon is debuting its second major shopping event of the year called Prime Early Access Sale. Scheduled to run Oct. 11 to 12, the Prime-member exclusive occasion is expected to be similar to its annual Prime Day held in July and is being marketed by Amazon as a way to “kick off the holiday season,” Jamil Ghani, vice…

There was barely any mention of vaccine equality at the UNGA

The United Nations General Assembly wrapped up in New York last week, and there was a most notable absence: covid.

How Donald Trump got his Deutsche Bank loans

Deutsche Bank has emerged as the star witness in New York attorney general Letitia James’ case against Donald Trump and the Trump Organization.

The unnervingly specific holiday greetings of the Australian Bureau of Statistics

The Australian Bureau of Statistics (ABS) would like to wish a happy Rosh Hashanah to everyone who identified as Jewish in the most recent census.

To cut a firm's emissions, peg its CEO's pay to climate goals

Companies that want to reduce their carbon footprint should pay their executives more to make that happen, according to a new working paper (pdf) by economists in California and Europe.

Two of Africa’s biggest tech investors are backing a startup in the restaurant business

One scene for observing a rising buzz in the restaurant business in Lagos is at Ikota, a few miles into the relatively upscale Lekki area on the city’s island. Once dominated by Nigerian fast food chain, Mega Chicken, the neighborhood is welcoming familiar names Domino’s, and The Place, with the fast-rising Blackbell…

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What interactive maps and 3D digital models reveal about Mau Mau detention camps in Kenya

In a new documentary released last month in the UK, Kenyan and British historians describe how Britain secretly used torture against prisoners in Mau Mau detention camps during the anti-colonial uprising movement in the 1950s. One of the Kenyans featured is historian and digital heritage scholar Chao Tayiana, the…

India heads for the annual festive season—without the spirit

Indian consumers, tempered by inflation and with their hopes dashed by an erratic monsoon, may not spend heavily this coming festive season.

NASA is taking its first shot at deflecting an asteroid

There’s a lot to be said for the dinosaurs that once dominated the Earth. The big, weird reptiles held it down for millions of years, leaving behind fossilized skeletons, or evolving into birds.

Walmart is getting into the wedding dress business

Walmart is expanding into the wedding dress business via its women’s apparel brand Eloquii, just as marriages are expected to hit a four-decade peak.

More than 80% of maternal deaths in the US are preventable

The tragedy of maternal mortality in the US is no longer secret, but it’s not improving, either. Official rates have continued to rise, from 17.4 out of every 100,000 live births in 2018 to 23.8 in 2020. Covid increased 2020 deaths, as did better surveillance and data for both years, stemming from more awareness…

Africa's internet speed is still below the global average

Not even the country with Africa’s top mobile internet speed is close to the global average. This is according to the 2022 Speedtest Global Index published by US-based internet speed analysis firm Ookla. South Africa, the continent’s internet speed leader—with an average mobile internet download speed of 68.9…

Ghana’s most popular language will be available to more people online

In Ghana where English is the official language for education and commerce, four in five people speak Twi either as a first or second language. Different variations have extended its usage to other west African towns in Benin and Côte d’Ivoire, bringing the estimated number of speakers to 18 million people.

Days after cautioning Putin on war, India may skip Russian ESPO crude oil import

Indian refiners may skip buying Russia’s ESPO blend of crude oil in September, apparently due to high freight charges.

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Quartz is a digitally native news outlet for the new global economy.Latest news and headlines around the world related to the state of the global economy. News, analysis and comment from the Financial Times, the worldʼs leading global business publication. Get all updates on INTERNATIONAL ECONOMY NEWS, Business news, Global market news, world business, global business trade on Business Standard.

What is today's economic news?

CBDC to bring down time, cost for cross-border transactions: RBI Deputy Guv Sep 7, 2022, 04:01 PM IST.
Cabinet lowers railway land licensing fee, sources say Sep 7, 2022, 02:18 PM IST.
India will cement its place in the upper echelons of tech manufacturing: Mukesh Aghi, USISPF Sep 7, 2022, 02:05 PM IST.
What is the biggest economy in the world?

the United States

With a GDP of 22.3 trillion USD, the United States is by far the world's largest economy in this ranking for 2022. It is followed by China in 2nd place with a GDP of still 19.9 trillion USD.
What is India's rank in GDP?

India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany.