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

Economy

Business|Economy|Finance|Food|US

CONSUMER WATCH: HOW MUCH WILL THANKSGIVING FOOD COST?

How much will a Thanksgiving dinner cost this year? Jenn Sullivan looks at how inflation is impacting prices

CONSUMER WATCH: HOW MUCH WILL THANKSGIVING FOOD COST?
Economy|Food|Lifestyle

Cheaper turkeys help bring down Thanksgiving dinner costs this year

Cheaper turkeys help bring down Thanksgiving dinner costs this year

Cheaper turkeys help bring down Thanksgiving dinner costs this year
Business|Economy

UK house prices rise at fastest pace since Feb 2023, ONS says

British house prices rose at the fastest pace since February 2023 in the 12 months to September, figures from the Office for National Statistics showed on Wednesday.

UK house prices rise at fastest pace since Feb 2023, ONS says
Business|Economy|Europe

Irish pre-election spending promises abound despite Trump tax threat

Parties vying to lead the next Irish government are luring voters with ambitious spending plans, banking on a continued boom in foreign multinational corporate tax

Irish pre-election spending promises abound despite Trump tax threat
Business|Economy|Europe

VW plans for factory closures cross several red lines, works council chief says

Volkswagen is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs,

VW plans for factory closures cross several red lines, works council chief says
Economy|Finance|US

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll

The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll
Asia|Economy

Taiwan October export orders beat forecasts on AI, China demand remains soft

Taiwan export orders maintained strong momentum going into the final quarter by beating expectations for October, as the island benefits from demand for artificial intelligence (AI)

Taiwan October export orders beat forecasts on AI, China demand remains soft
Economy|Europe|World

Greece hit by general strike as thousands of workers protest over the high cost of living

Large protests have been held in Greece as part of a 24-hour nationwide general strike called by labor unions timed to coincide with the government submitting its 2025 budget to Parliament

Greece hit by general strike as thousands of workers protest over the high cost of living
Africa|Economy|Finance

South Africa inflation drops to lowest in over four years

South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday,

South Africa inflation drops to lowest in over four years
Asia|Business|Economy|Finance

Japan set to approve $87 billion economic stimulus this week

Japan's ruling coalition on Wednesday agreed with a key opposition party on the draft of an economic stimulus package, clearing a major hurdle for the $87

Japan set to approve $87 billion economic stimulus this week
Business|Economy|Education|Europe|Health

Greece general strike brings thousands onto streets, halts shipping, transport

A general strike docked ships and disrupted rail and bus services across Greece on Wednesday, as thousands of workers marched in

Greece general strike brings thousands onto streets, halts shipping, transport
Economy|Environment|World

UN moves to unlock stuck climate financing for Afghanistan, agencies say

United Nations agencies are trying to unlock key climate financing for Afghanistan, one of the world's most vulnerable countries to

UN moves to unlock stuck climate financing for Afghanistan, agencies say
Asia|Economy|Finance

Indonesia central bank leaves rates on hold as it focuses on FX stability

Indonesia's central bank left interest rates unchanged on Wednesday, as expected, saying changed global dynamics after the U.S. election

Indonesia central bank leaves rates on hold as it focuses on FX stability
Asia|Economy|Travel

Japan sets monthly record 3.31 million visitors in October

Japan welcomed a record 3.31 million visitors last month, official data showed on Wednesday, as the weak yen propelled a tourism boom that is pouring money into the nation's coffers.

Japan sets monthly record 3.31 million visitors in October
Business|Economy|Europe

German producer prices fall 1.1% y/y in October

German producer prices fell in October, in line with expectations, decreasing by 1.1% on the year, the federal statistics office reported on Wednesday.

German producer prices fall 1.1% y/y in October
Economy|Europe|Finance

UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts

British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth

UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
Business|Economy|Europe|World

Russian farmers ditch wheat for other crops after heavy losses

Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils,

Russian farmers ditch wheat for other crops after heavy losses
Business|Economy|Europe|US

In high-wage Germany, VW's labour costs outstrip the competition

As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data

In high-wage Germany, VW's labour costs outstrip the competition
Business|Economy|Europe|Finance

HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients

HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5

HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients
Asia|Business|Economy|World

Stock market today: Wall Street drifts as Target tumbles

U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface

Stock market today: Wall Street drifts as Target tumbles
Asia|Business|Economy|Finance

Thailand expects to distribute $4 billion in handouts in Q2 next year

Thailand expects to conduct the third phase of its cash handout stimulus programme in the second quarter next year, when 140 billion baht ($4.1 billion) will be distributed to 14

Thailand expects to distribute $4 billion in handouts in Q2 next year
Asia|Business|Economy|Finance|Stock Markets

China funds slash ETF fees, escalating price war in booming market

Major Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the

China funds slash ETF fees, escalating price war in booming market
Asia|Business|Economy|Finance|Stock Markets

How far could the Bank of Japan raise interest rates?

The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace it could push up still-low borrowing

How far could the Bank of Japan raise interest rates?
Economy|Finance|Stock Markets|US

Investors lift US dollar, focus on Federal Reserve outlook

The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve's

Investors lift US dollar, focus on Federal Reserve outlook
Business|Economy|Finance|World

Oil settles down on strong US supply, losses capped by Ukraine escalation

Oil prices settled lower on Wednesday after U.S. crude and gasoline stocks rose by more than expected last week, but losses were capped by worries about the

Oil settles down on strong US supply, losses capped by Ukraine escalation
Asia|Economy|Finance

Japan records a trade deficit in October for a 4th straight month, despite export recovery

Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high

Japan records a trade deficit in October for a 4th straight month, despite export recovery
Business|Economy|Finance

Gender pay gap narrows marginally in Australia, government report shows

The gender pay gap in Australia has narrowed marginally though women employees on average still earned A$28,425 ($18,590) less each year than their male colleagues, a

Gender pay gap narrows marginally in Australia, government report shows
Americas|Business|Economy|US

Mexico warns about Trump tariff impact on U.S. companies

Mexico's top economy officials on Tuesday downplayed concerns about trade talks with Donald Trump's administration, saying the potential impact on American

Mexico warns about Trump tariff impact on U.S. companies
Asia|Economy|Finance

China leaves lending benchmark LPRs unchanged, as expected

China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higher-than-expected margins last month to revive economic

China leaves lending benchmark LPRs unchanged, as expected
Business|Economy|Election|Finance|US

California voters reject measure that would have raised minimum wage to nation-high $18 per hour

California voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour

California voters reject measure that would have raised minimum wage to nation-high $18 per hour
Asia|Business|Economy|Finance|Stock Markets|Technology

Alibaba raises $5 billion in dual currency bond deal

Alibaba has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this

Alibaba raises $5 billion in dual currency bond deal
Asia|Business|Economy|Finance|Stock Markets

Funding for Seven & i founding family buyout will be finalised by end Dec, say sources

Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalised by the end of December and will involve Japan's

Funding for Seven & i founding family buyout will be finalised by end Dec, say sources
Asia|Business|Economy|World

Hong Kong hears from jailed media tycoon Jimmy Lai for the first time in four years at his trial

Hong Kong hears from jailed media tycoon Jimmy Lai for the first time in four years at his trial

Hong Kong hears from jailed media tycoon Jimmy Lai for the first time in four years at his trial
Business|Economy|Finance

Nearly 1 million UK workers are uncounted, think tank says

Britain's official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England's task of deciding

Nearly 1 million UK workers are uncounted, think tank says
Asia|Business|Economy

Japan exports rebound on China chipmaking demand but Trump tariff risks loom

Japan's exports expanded faster than expected in October, led by a pick-up in chip equipment demand in China, though fears persist over potential U.S. protectionist

Japan exports rebound on China chipmaking demand but Trump tariff risks loom
Business|Economy|Europe|US

Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead

The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly

Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead
Australia|Economy|Finance

Australia statistician overstated child care costs, but no impact on CPI

Australia's official statistician has been overestimating the cost of child care in its consumer price index for the past year, but the error will not result in any changes to

Australia statistician overstated child care costs, but no impact on CPI
Asia|Economy|US|World

Congressional panel urges toughing the US-China trade relationship

A congressional panel has recommended that the U.S. toughen its trade relationship with Beijing

Congressional panel urges toughing the US-China trade relationship
Economy|US

Americans want Trump to focus on inflation in his first 100 days, Reuters/Ipsos poll finds

Americans see inflation as the leading issue President-elect Donald Trump should tackle during his first 100 days in office, according to a Reuters/Ipsos

Americans want Trump to focus on inflation in his first 100 days, Reuters/Ipsos poll finds
Business|Economy|Travel

Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy

Spirit Airlines was expected to be one of the big travel industry winners after the pandemic.

Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
Business|Economy|Finance|US

Prominent Wall Street boss Lutnick has been one of Trump's biggest cheerleaders

Wall Street veteran Howard Lutnick, whose domain stretches from brokerages to real estate, has been one of Donald Trump's biggest promoters from the business world in recent

Prominent Wall Street boss Lutnick has been one of Trump's biggest cheerleaders
Business|Economy|Election|Finance|Stock Markets|US

Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce

President-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle

Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce
Economy|Finance

Fed's Schmid says it is uncertain how far interest rates can fall

It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is

Fed's Schmid says it is uncertain how far interest rates can fall
Americas|Asia|Business|Economy|Science|Technology|World

Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade

Brazil President Luiz Inacio Lula da Silva said on Tuesday he spoke with India's Prime Minister Narendra Modi about expanding scientific and business trade between both countries

Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade
Business|Economy|US

Grid operator PJM faces new complaint over power supply auction

A consumer advocacy group has launched a complaint against PJM Interconnection, saying the largest U.S. grid operator is unfairly awarding record high payments to

Grid operator PJM faces new complaint over power supply auction
Economy|Environment|World

Biden appeals to world leaders to stay in the climate fight as Trump casts shadow

President Joe Biden is making an urgent appeal to fellow world leaders to surge money to developing nations to curb climate change as he wraps up his final appearance at a major international summit

Biden appeals to world leaders to stay in the climate fight as Trump casts shadow
Economy|Europe|World

French farmers continue protests as union threatens food supply disruption

French farmers held a second day of protests on Tuesday over EU-Mercosur trade talks, with the hardline Coordination Rurale union dumping Spanish wine and blocking official buildings

French farmers continue protests as union threatens food supply disruption
Business|Economy|Food|Technology|US|World

South Africa will focus G20 presidency on inclusive growth, food security

South Africa will use its G20 presidency to focus on advancing inclusive economic growth, food security and artificial intelligence, President Cyril Ramaphosa said on Tuesday

South Africa will focus G20 presidency on inclusive growth, food security
Business|Economy|US

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push

Nebraska Attorney General Michael Hilgers on Tuesday filed an antitrust lawsuit against some of the largest heavy-duty truck manufacturers accusing them of limiting the

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push
Business|Economy|US

Trump picks Lutnick to be Commerce secretary

Trump picks Lutnick to be Commerce secretary

Trump picks Lutnick to be Commerce secretary
Business|Economy|Political|US

Reporter: Trump picking Lutnick for commerce secretary is ‘consolation prize’

CNN's Kristen Holmes and Jake Tapper discuss President-elect Trump picking Howard Lutnick for Secretary of Commerce.

Reporter: Trump picking Lutnick for commerce secretary is ‘consolation prize’
Business|Economy|Travel

Hilton plans to expand footprint in India amid boom in leisure travel demand

Hilton Worldwide expects to quadruple the number of hotel

Hilton plans to expand footprint in India amid boom in leisure travel demand
Economy|Health|Travel|US

US faces growing crisis over high traffic deaths, NTSB chair says

The United States must address a growing public-health crisis over traffic deaths that remain significantly higher than pre-pandemic levels, the head of the

US faces growing crisis over high traffic deaths, NTSB chair says
Business|Economy|Finance|Lifestyle

Starting a small business is hard. Exiting can be even harder, but planning early is the key

Figuring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan well in advance of making a big change

Starting a small business is hard. Exiting can be even harder, but planning early is the key
Economy|Environment|Finance

What new taxes could help raise money to fight climate change?

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming.

What new taxes could help raise money to fight climate change?
Business|Economy|Environment|US

Apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades

When the head of the U.S. Department of Housing and Urban Development traveled to housing sites around the country, she heard from renters in affordable housing that they felt forgotten and left out of the nation’s transition to clean energy

Apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades
Asia|Business|Economy|Europe|Finance|US

Xi asks Germany's Scholz to help resolve issue of EU tariffs on Chinese EVs

Chinese President Xi Jinping told German Chancellor Olaf Scholz

Xi asks Germany's Scholz to help resolve issue of EU tariffs on Chinese EVs
Business|Economy|Finance|Food

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion
Economy|Europe|Stock Markets|World

Stocks shrug off concerns about heightened US-Russia tensions

Stocks shrug off concerns about heightened US-Russia tensions

Stocks shrug off concerns about heightened US-Russia tensions
Business|Economy|Finance|Stock Markets

Risk assets may be entering 'danger zone': McGeever

Even bulls now admit that U.S. stocks and credit are expensive.

Risk assets may be entering 'danger zone': McGeever
Business|Economy|Europe|Finance|Stock Markets|Technology

Sweden has no plans to take stake in Northvolt, deputy PM says

The Swedish government does not plan to take a stake in lithium-ion battery maker Northvolt, Deputy Prime Minister Ebba Busch told Reuters on Tuesday as the company continues to

Sweden has no plans to take stake in Northvolt, deputy PM says
Business|Economy|Finance|US

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. 

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
Business|Economy|Europe|Finance

Italian lawmakers urge government to scale back crypto, web tax plans

Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a

Italian lawmakers urge government to scale back crypto, web tax plans
Business|Economy|Finance

Canada's annual inflation rate rises to 2% in October

Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of

Canada's annual inflation rate rises to 2% in October
Business|Economy|US

US single-family housing starts slump; high mortgage rates remain a challenge

U.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly,

US single-family housing starts slump; high mortgage rates remain a challenge
Economy|Finance

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets

Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Business|Economy|Lifestyle

Black entrepreneurs are often shut out from capital, but here’s how some are removing barriers

Black business owners are often frustrated by systemic racial disparities, but a new study shows how they are using race to capitalize on their ventures.

Black entrepreneurs are often shut out from capital, but here’s how some are removing barriers
Economy|Environment

Carbon offsets can help bring energy efficiency to low-income Americans − our Nashville data shows it could be a win for everyone

Insulating attics, replacing windows and adding heat pumps can save money and reduce emissions − if residents can afford the upgrades. Carbon-offset purchases by local companies could help.

Carbon offsets can help bring energy efficiency to low-income Americans − our Nashville data shows it could be a win for everyone
Economy|Europe

European assets set up for rebound, but euro could hit parity first, Amundi says

The euro could fall to the key $1 mark in the next month before rebounding, potentially alongside other Europe assets given how negatively investors

European assets set up for rebound, but euro could hit parity first, Amundi says
Economy|Europe

France's Barnier likely to ram through budget bill as talks stall

France's 2025 belt-tightening budget heads to the Senate next week, but few doubt the government will soon be obliged to bypass lawmakers with a risky constitutional measure that

France's Barnier likely to ram through budget bill as talks stall
Business|Economy|Finance

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone
Asia|Economy|World

Modi's inflation-blowing farm pivot may not be enough to win key Indian state

Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion

Modi's inflation-blowing farm pivot may not be enough to win key Indian state
Economy|Europe|World

Spain to legalise about 300,000 undocumented immigrants per year

Spain will legalise about 300,000 undocumented immigrants per year over the next three years as it seeks to expand its labour force in the face of an ageing population, Migration

Spain to legalise about 300,000 undocumented immigrants per year
Economy|Finance|Stock Markets

Bank of England to cut rates gradually as the world braces for Trump's tariffs: Reuters poll

The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split

Bank of England to cut rates gradually as the world braces for Trump's tariffs: Reuters poll
Economy|Environment|Finance|World

Beyond B-loans? Development banks seek private money for climate change fight

As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change,

Beyond B-loans? Development banks seek private money for climate change fight
Economy|Finance

IMF deal would give Ukraine access to about $1.1 billion, Fund says

International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give Ukraine access to about $1.1 billion, the IMF said on Tuesday, adding that

IMF deal would give Ukraine access to about $1.1 billion, Fund says
Business|Economy|Finance|Technology

As Americans bargain shop, six-figure earners flock to Walmart

As Americans bargain shop, six-figure earners flock to Walmart

As Americans bargain shop, six-figure earners flock to Walmart
Business|Economy|Europe|Finance

Bank of England consults on post-Brexit market infrastructure rules

The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market

Bank of England consults on post-Brexit market infrastructure rules
Business|Economy|US

Here’s how mass deportations could change the housing market

Here’s how mass deportations could change the housing market

Here’s how mass deportations could change the housing market
Economy|Stock Markets|US|World

S&P 500, Nasdaq end up with Nvidia; Walmart hits record after forecast

The Nasdaq rose more than 1% and S&P 500 also ended higher on Tuesday, led by a jump in technology shares as investors eagerly awaited results this week

S&P 500, Nasdaq end up with Nvidia; Walmart hits record after forecast
Business|Economy|Finance|US

Treasuries pop on US Secretary race, Russia warning

A look at the day ahead in U.S. and global markets from Mike Dolan U.S.

Treasuries pop on US Secretary race, Russia warning
Business|Economy|Finance

German economy to stagnate as labour market cools, tariffs loom

The German economy is likely to stagnate in the last three months of the year as the labour market continues to soften and possible new trade tariffs loom, the country's central

German economy to stagnate as labour market cools, tariffs loom
Business|Economy|US

Who are the US federal workers that Trump, Musk want to trim?

President-elect Donald Trump has tasked billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy with finding deep cuts in the $6 trillion federal

Who are the US federal workers that Trump, Musk want to trim?
Americas|Business|Economy|Finance

Bank of Mexico flags more rate cuts due to progress on lowering inflation

The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor

Bank of Mexico flags more rate cuts due to progress on lowering inflation
Business|Economy|Finance

BoE's Taylor says 4 rate cuts by end of 2025 would be gradual

The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line with recent market

BoE's Taylor says 4 rate cuts by end of 2025 would be gradual
Economy|Election|Europe|Lifestyle|Travel|World

Italian village offers $1 homes to Americans upset by the US election result

Italian village offers $1 homes to Americans upset by the US election result

Italian village offers $1 homes to Americans upset by the US election result
Asia|Economy|Finance

Thailand to start second stage of stimulus programme in January

The second phase of Thailand's "digital wallet" handout scheme will be launched in January and distribute 40 billion baht ($1.16

Thailand to start second stage of stimulus programme in January
Business|Economy|Europe|Finance|World

Rheinmetall aims for 20 billion euros in sales in 2027

Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the

Rheinmetall aims for 20 billion euros in sales in 2027
Economy|Europe|Finance|World

Safe-haven assets rally after Russia updates nuclear doctrine

Safe-haven assets bounced sharply on Tuesday, after a warning from Russia over its updated nuclear doctrine that was aimed at making possible enemies aware of inevitable retaliation

Safe-haven assets rally after Russia updates nuclear doctrine
Economy|Europe|Stock Markets

European stocks sink as investors flock to safety amid geopolitical jitters

Europe's main stock index touched its lowest level in three months on Tuesday, as escalating geopolitical tensions, fuelled

European stocks sink as investors flock to safety amid geopolitical jitters
Business|Economy|Finance|Stock Markets

UK fund managers pay more to hedge in 2024, MillTechFX survey says

More UK fund managers say they've paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey

UK fund managers pay more to hedge in 2024, MillTechFX survey says
Asia|Business|Economy|Finance

China expected to leave benchmark lending rates unchanged on Wednesday

China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan

China expected to leave benchmark lending rates unchanged on Wednesday
Business|Economy|Finance

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

Thyssenkrupp has written down the value of its steel division by another 1 billion euros ($1.06 billion), blaming the sector's

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens
Economy|Environment|World

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Big money to respond to climate change is key to the United Nations talks underway in Azerbaijan

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Business|Economy|Finance|Stock Markets|US

Goldman Sachs forecasts S&P 500 target of 6500 for 2025-end, joins Morgan Stanley

Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and

Goldman Sachs forecasts S&P 500 target of 6500 for 2025-end, joins Morgan Stanley
Asia|Business|Economy|Europe|Finance|Stock Markets

Traders focus on Fed as key Trump picks awaited

A look at the day ahead in European and global markets from Kevin Buckland Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the

Traders focus on Fed as key Trump picks awaited
Asia|Business|Economy|Finance

IMF warns Asia retaliatory tariffs could undermine growth

The International Monetary Fund (IMF) warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even

IMF warns Asia retaliatory tariffs could undermine growth
Business|Economy|Finance|Stock Markets

Investors reload rate hike bets in Japan

Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise

Investors reload rate hike bets in Japan
Business|Economy|US|World

Bangladesh's Yunus hopes US ties will strengthen despite Trump victory

Bangladesh's interim leader Muhammad Yunus hopes ties with the U.S., the biggest buyer of Bangladeshi clothes, will strengthen despite strong criticism from President-elect Donald

Bangladesh's Yunus hopes US ties will strengthen despite Trump victory

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