The global economy is currently experiencing an unprecedented 'dangerous time' as tensions in West Asia continue to escalate, according to Daniel Yergin, Vice Chairman of S&P Global.

Global economy faces dangerous turmoil amid escalating tensions in West Asia

A new report by credit rating agency S&P Global highlights the growing fragility of companies around the world. The percentage of companies that have defaulted on their debt more than once has reached its second-highest level since 2008 when the world was hit by an economic slowdown.

S&P: 35% of global defaults by 'redefaulters'

S&P Global Market Intelligence has forecasted that India, currently the world's fifth-largest economy, is on track to surpass Japan and become the world's third-largest economy with a projected GDP of USD 7.

India poised to become Asia's second-largest economy surpassing Japan by 2030: S&P Global 

Experts at S&P Global Mobility predict Germany's new car market will recover and turn positive this year. Despite the challenges, the forecast predicts a positive turnaround, though sales are anticipated to remain notably below pre-pandemic levels.

S&P global predicts modest growth for German car market in 2023

S&P's Global Mobility experts predict Germany's new car market to recover and turn positive this year despite a demand downturn although sales are expected to remain significantly below pre-pandemic levels.

S&P Global's Insights on German auto market

The Indian economy is expected to grow by an average annual rate of 6.7 per cent to March 2031, according to a forecast by S&P Global on Thursday. Despite short-term challenges from rate hikes and a global slowdown, growth led by manufacturing and service exports and consumer demand has been projected.

India projected to grow at an annual rate of 6.7% through 2031: S&P Global

Global investors gravitated toward safe-haven assets on Friday as worries about the world economy persisted, cutting short a two-day rebound in Wall Street stocks.

Global markets: Equities markets limp to finish line after volatile week

The extent of any British post-Brexit involvement in the EU`s customs union has become a major issue of contention inside May`s divided government and Conservative Party

UK rules out being in a customs union with the EU after Brexit

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