Today: November 21, 2024
Today: November 21, 2024

Economy

Economy|Finance

Insolvencies in Germany up 22.9% year-on-year in October

The number of insolvencies in Germany rose by 22.9% in October on the previous year, the country's statistics office Destatis said on Thursday.

Insolvencies in Germany up 22.9% year-on-year in October
Business|Economy|Technology|US

US prosecutors demand Google divest Chrome to end search monopoly

U.S. prosecutors on Wednesday argued to a judge that Google must sell its Chrome browser, share data, and search results with rivals, and take a range of other measures to end its monopoly

US prosecutors demand Google divest Chrome to end search monopoly
Asia|Economy|Finance

Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds

Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara

Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
Economy|Finance

Higher UK borrowing shows scale of task facing Reeves

Britain borrowed more than expected in October, according to official data that showed the challenge facing finance minister Rachel Reeves who says she will fix

Higher UK borrowing shows scale of task facing Reeves
Business|Economy|Finance|Stock Markets|US

Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon

By Krishna N.

Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon
Business|Economy|Finance|US

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports

Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron's in an interview published on Thursday.

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports
Asia|Business|Economy|Finance|Stock Markets|US

US hedge funds pile into China's JD.com, GDS: Goldman

U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings

US hedge funds pile into China's JD.com, GDS: Goldman
Business|Economy|Europe|Finance|Stock Markets

Volkswagen enters third round of wage talks as strikes loom

Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before

Volkswagen enters third round of wage talks as strikes loom
Economy|Europe|Finance|US

ECB policymaker says Trump tariff hikes won't shift Europe's inflation outlook

Tariff hikes under the new Trump administration do not shift the inflation outlook in Europe, ECB policymaker Francois Villeroy de Galhau said on Thursday, urging the

ECB policymaker says Trump tariff hikes won't shift Europe's inflation outlook
Economy|Environment|Finance|World

At UN climate talks, nations uniformly blast draft of vague deal on climate cash for poor countries

A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay

At UN climate talks, nations uniformly blast draft of vague deal on climate cash for poor countries
Business|Economy|Finance

BOJ's Ueda signals focus on data ahead of Dec meeting, yen jumps

Bank of Japan Governor Kazuo Ueda said the central bank will scrutinise various data ahead its rate review next month, and "seriously" take into account the impact yen

BOJ's Ueda signals focus on data ahead of Dec meeting, yen jumps
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Global shares mostly slip despite Nvidia's solid earnings report

Global shares have mostly fallen as regional markets tried to digest a strong profit report from Nvidia

Stock market today: Global shares mostly slip despite Nvidia's solid earnings report
Asia|Business|Economy|Finance|World

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus

Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus
Business|Economy|Finance

Flour millers face supply crunch as wheat farmers tighten grip on stocks

Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and

Flour millers face supply crunch as wheat farmers tighten grip on stocks
Americas|Business|Economy|World

Mexico's lower house votes to abolish autonomous bodies

Mexico's lower house of Congress approved on Wednesday a measure to abolish most of the autonomous bodies that regulate some economic sectors and ensure government

Mexico's lower house votes to abolish autonomous bodies
Business|Economy|Finance|Technology|US

Class action lawsuit on AI-related discrimination reaches final settlement

A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income

Class action lawsuit on AI-related discrimination reaches final settlement
Economy|World

Oil prices climb as geopolitical tensions outweigh US inventories

Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine outweighed the impact of a bigger-than-expected increase in

Oil prices climb as geopolitical tensions outweigh US inventories
Asia|Economy|Finance

Japan plans $90 billion spending in new stimulus package, document shows

Japan is considering spending 13.9 trillion yen ($89.7 billion) from its general account to fund a new stimulus package aimed at mitigating

Japan plans $90 billion spending in new stimulus package, document shows
Economy|Finance|US

Dollar buffered by Trump policy expectations; bitcoin surges

The dollar steadied on Thursday as traders awaited more clarity on U.S.

Dollar buffered by Trump policy expectations; bitcoin surges
Arts|Business|Celebrity|Economy|Entertainment|Fashion and Beauty|Lifestyle

Viral banana artwork has sold again — this time for $6.24 million

Viral banana artwork has sold again — this time for $6.24 million

Viral banana artwork has sold again — this time for $6.24 million
Economy|Science|Technology|World

Russia, North Korea agree to boost charter flights after trade meeting, TASS and KCNA say

North Korea and Russia have signed a protocol on cooperation after meetings covering trade, the economy, science and technology in Pyongyang, North Korean state media KCNA said on

Russia, North Korea agree to boost charter flights after trade meeting, TASS and KCNA say
Business|Economy

UK pay growth steady but firms see higher costs ahead, Brightmine says

Growth in pay awards by British employers held steady in the three months to October but is expected to cool in 2025, according to a survey on Thursday that showed firms under

UK pay growth steady but firms see higher costs ahead, Brightmine says
Americas|Asia|Business|Economy|Finance

Brazil development bank gets $690 million loan from China

China Development Bank signed a deal on Wednesday to loan 5 billion yuan ($690 million) to Brazil's National Bank for Economic and Social Development BNDES,

Brazil development bank gets $690 million loan from China
Economy|MidEast|Political|US|World

Senate rejects effort from Bernie Sanders to block some weapons for Israel over Gaza deaths

The Senate has rejected attempts by Sen. Bernie Sanders to block the sale of offensive weapons to Israel

Senate rejects effort from Bernie Sanders to block some weapons for Israel over Gaza deaths

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