Today: December 03, 2024
Today: December 03, 2024

Economy

Business|Economy|Stock Markets|Technology|US

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Business|Economy|Technology|US

US retailers aim to cash in on Cyber Monday with steep online discounts

After lackluster spending at U.S. stores on a deals-heavy Black Friday, retailers are pulling out all the stops with steep promotions and

US retailers aim to cash in on Cyber Monday with steep online discounts
Americas|Business|Economy|Finance

Brazil's instant payment transactions more than doubled on Black Friday

Brazil's popular instant payment system Pix saw a 120.7% jump in the value of transactions recorded on Black Friday compared to the previous year, central bank data showed on

Brazil's instant payment transactions more than doubled on Black Friday
Economy|Political|US

Congress returns for final act before curtain rises on new Trump era

The Democratic-led U.S.

Congress returns for final act before curtain rises on new Trump era
Business|Economy|US

What billionaires and their advisers say keeps them from giving more and faster

America’s wealthiest people have long urged each other to give away more of their money

What billionaires and their advisers say keeps them from giving more and faster
Business|Economy|Food|US

Stoli vodka files for bankruptcy in the United States

Stoli vodka files for bankruptcy in the United States

Stoli vodka files for bankruptcy in the United States
Business|Economy|MidEast|Political|World

US, UAE discussed lifting Assad sanctions in exchange for break with Iran, sources say

The U.S. and the United Arab Emirates have discussed with each other the possibility of lifting sanctions on

US, UAE discussed lifting Assad sanctions in exchange for break with Iran, sources say
Business|Economy|Finance|Political|US

Trump's low oil price promise is a risk and a boon for emerging markets

Donald Trump has promised to "drill, baby, drill" to halve energy costs, a plan that sends shivers through the governments of emerging

Trump's low oil price promise is a risk and a boon for emerging markets
Business|Economy|Europe|Finance|Stock Markets

AirBaltic stalls IPO until at least the first half of 2025

AirBaltic is pushing its planned initial public offering back to the first half of 2025 or later as its advisers suggest waiting for improved market conditions in

AirBaltic stalls IPO until at least the first half of 2025
Americas|Business|Economy|Europe|Technology

Nvidia among investors in $700 million capital raise by AI firm Nebius Group

AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors including Nvidia, Accel and some accounts

Nvidia among investors in $700 million capital raise by AI firm Nebius Group
Asia|Business|Economy|Health

Sanofi announces its biggest China investment deal amid China-EU trade tensions

Sanofi plans to invest around 1 billion euros ($1.05 billion) to build a new insulin production base in Beijing, which will mark the French drugmaker's largest single investment in

Sanofi announces its biggest China investment deal amid China-EU trade tensions
Asia|Business|Economy|World

Bangladesh halves power buying from India's Adani amid payment dispute

By Krishna N.

Bangladesh halves power buying from India's Adani amid payment dispute
Business|Economy|Finance|Political|US

Fed's Powell may have made US monetary policy boring again

For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under the

Fed's Powell may have made US monetary policy boring again
Economy|Finance|Political|Stock Markets|US

Dollar flexes on Trump swipe, French politics, yuan slide

A look at the day ahead in U.S. and global markets from Mike Dolan The dollar breezed into December on the front foot, helped by Donald Trump's weekend support for its global reserve status just as

Dollar flexes on Trump swipe, French politics, yuan slide
Americas|Business|Economy|Finance|Stock Markets

Canadian banks to show mixed Q4 earnings as mortgage renewals, rate cuts loom

Four out of Canada's six largest banks are expected to show a rise in earnings for the fourth quarter as Bay Street turns its focus to the lenders' forecasts for

Canadian banks to show mixed Q4 earnings as mortgage renewals, rate cuts loom
Business|Economy|US

Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries

The weak demand bedeviling package delivery companies like United Parcel Service and FedEx promises to be great news for online U.S. shoppers who want quick,

Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries
Business|Economy|Environment|Political|World

Threatened by climate change, Panama Canal has big plans to deal with drought

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming,

Threatened by climate change, Panama Canal has big plans to deal with drought
Business|Economy|Finance|Political|Stock Markets|US

S&P 500, Nasdaq post record highs as tech-related shares gain

The Nasdaq and S&P 500 scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains, as investors

S&P 500, Nasdaq post record highs as tech-related shares gain
Asia|Business|Economy|Technology|World

New US solar tariffs on Southeast Asia to raise prices, cut profit margins

A new round of U.S. solar panel import tariffs on Southeast Asian producers is expected to raise consumer prices and cut into producer profit margins, but was

New US solar tariffs on Southeast Asia to raise prices, cut profit margins
Business|Economy|US

Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping

Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday

Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping
Economy|Europe|Finance

ECB to continue cutting rates in December, Stournaras says

The European Central Bank is expected to continue cutting interest rates this month, ECB policymaker Yannis Stournaras said on Monday.

ECB to continue cutting rates in December, Stournaras says
Business|Economy|Political|Technology|US

What to buy now before Trump’s tariffs kick in

What to buy now before Trump’s tariffs kick in

What to buy now before Trump’s tariffs kick in
Business|Economy|Europe

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures
Business|Economy|Finance|Political|World

Kremlin says Trump threat to BRICS nations over US dollar will backfire

The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S.

Kremlin says Trump threat to BRICS nations over US dollar will backfire
Business|Economy|Europe

UK manufacturing PMI sinks to 9-month low as orders dry up

A gauge of British manufacturing activity released on Monday pointed to the sharpest contraction in nine months, as orders from domestic and foreign customers fell

UK manufacturing PMI sinks to 9-month low as orders dry up
Business|Economy|Europe

German engineering orders continue downward trend in October, says VDMA

German plant and equipment makers' orders resumed their downward trend in October, the VDMA association said on Monday, as customers remain very reluctant to make new investments.

German engineering orders continue downward trend in October, says VDMA
Business|Economy|Europe

Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows

Euro zone manufacturing activity fell sharply last month and a further decline in demand likely dashed any hopes for an imminent recovery after the sector had showed some signs of

Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows
Asia|Business|Economy

Japanese bank Resona says inflation is boosting SME loan demand, pay hikes

The return of inflation in Japan is pushing up loan demand from the country's small and midsize firms for capital investment and digitalisation, the chief executive

Japanese bank Resona says inflation is boosting SME loan demand, pay hikes
Africa|Business|Economy|Political|World

South African factory sector contracts in November, Absa PMI shows

South African manufacturing activity fell in November, a local purchasing managers' index (PMI) survey showed, as volatile demand conditions weighed on business activity.

South African factory sector contracts in November, Absa PMI shows
Business|Economy|Europe

German manufacturing sector mired in downturn in November, PMI shows

Germany's manufacturing sector remained firmly entrenched in contraction territory in November as firms struggle with weak demand and competitive pressure, highlighting ongoing

German manufacturing sector mired in downturn in November, PMI shows
Asia|Business|Economy|Finance|Political

India's weak Q2 growth widens divide between government, cenbank priorities

India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much

India's weak Q2 growth widens divide between government, cenbank priorities
Business|Economy|Europe

French industry sees sharpest order decline since COVID outbreak, PMI shows

France's manufacturing sector faced in November its steepest decline in new orders since the first wave of the COVID-19 pandemic in 2020, as demand weakened both domestically and

French industry sees sharpest order decline since COVID outbreak, PMI shows
Business|Economy|Europe

Italy's manufacturing contracts at steepest rate this year, PMI shows

Italian manufacturing activity contracted for an eighth month running in November and at its fastest pace this year, a survey showed on Monday, with persisting declines in output and

Italy's manufacturing contracts at steepest rate this year, PMI shows
Business|Economy|Europe

Seeking higher margins, Stellantis CEO Tavares lost some core customers

When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz,

Seeking higher margins, Stellantis CEO Tavares lost some core customers
Asia|Business|Economy|MidEast

Saudi Arabia may slash January crude prices for Asia

Top oil exporter Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years, largely tracking a slump in

Saudi Arabia may slash January crude prices for Asia
Economy|Europe|Finance|Political|Stock Markets

France's CAC 40 finishes choppy session unchanged as investors brace for government collapse

French shares ended Monday's volatile session flat, as investors avoided large bets and mulled the outlook for the

France's CAC 40 finishes choppy session unchanged as investors brace for government collapse
Business|Economy|Europe

Europe's embattled auto sector plans plant closures and layoffs

A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from China and a slower-than-

Europe's embattled auto sector plans plant closures and layoffs
Business|Economy|Europe

Floods slow Spanish manufacturing growth in November, PMI shows

Spain's manufacturing sector expanded at a slower pace in November, hindered by the severe floods in the region of Valencia on the eastern coast, a survey showed on Monday, though

Floods slow Spanish manufacturing growth in November, PMI shows
Arts|Asia|Economy|Entertainment|Travel

Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze

Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park

Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze
Business|Economy|Europe

Polish manufacturing PMI dips as new orders fall, outlook weakens

Poland's manufacturing sector saw a renewed contraction in November as new orders fell at their fastest pace in three months, pushing output back into decline, an S&P Global

Polish manufacturing PMI dips as new orders fall, outlook weakens
Asia|Business|Economy|Finance|Stock Markets

China's relentless bond rally pushes 10-year yield below 2%, lowest on record

China's 10-year yield dropped below 2% to hit its lowest point on record on Monday, breaking a psychological barrier as a sputtering economy and bets on further rate cuts drive

China's relentless bond rally pushes 10-year yield below 2%, lowest on record
Asia|Business|Economy|Finance|Political

Hong Kong doubles this year's deficit forecast to $12.9 billion

HONG KONG (Reuters)

Hong Kong doubles this year's deficit forecast to $12.9 billion
Asia|Business|Economy|Political|Technology

Malaysia urges Chinese firms to avoid using it to dodge U.S. tariffs

KUALA LUMPUR - Malaysia has urged Chinese companies to refrain from using it as a base to "rebadge" products to avoid U.S. tariffs, its deputy trade minister said on Monday, amid increasing export

Malaysia urges Chinese firms to avoid using it to dodge U.S. tariffs
Economy|Europe|Finance|Political

Euro drops 0.50% versus strengthening dollar, France in focus

The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France.

Euro drops 0.50% versus strengthening dollar, France in focus
Business|Economy|Europe|Finance|Political

French government faces collapse as left and far-right submit no-confidence motions

The French government is all but certain to collapse later this week after far-right and left-wing parties submitted no-confidence motions on

French government faces collapse as left and far-right submit no-confidence motions
Business|Economy|Europe|Finance

UK annual house price growth strongest in two years, Nationwide says

British house prices rose at their fastest annual pace in two years in November, adding to signs of resilience in the property market despite high borrowing costs,

UK annual house price growth strongest in two years, Nationwide says
Asia|Business|Economy|Political

India to take steps to achieve 6.5%-7% GDP growth target

The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth

India to take steps to achieve 6.5%-7% GDP growth target
Business|Economy|Europe|MidEast

Turkish manufacturing shows signs of recovery in Nov, PMI shows

Turkish factory activity contracted for the eighth month in a row in November with output and new orders moderating, although the sector showed signs of recovery, a business

Turkish manufacturing shows signs of recovery in Nov, PMI shows
Economy|Europe|Finance|Political

Italy's tax system under scrutiny as study shows it favours rich

Italy's tax system is skewed in a way that lets society's wealthiest 7% pay proportionately less tax than low and middle-income

Italy's tax system under scrutiny as study shows it favours rich
Africa|Economy|Election|Finance|Political

Ghana's economic crisis looms over impending elections

After serving in Ghana's police force for over three decades, pensioner Emmanuel Amey-Wemegah had a clear retirement plan: invest part of his

Ghana's economic crisis looms over impending elections
Asia|Business|Economy|Political

Adani Power says no indication of Bangladesh reviewing power deal

By Krishna N.

Adani Power says no indication of Bangladesh reviewing power deal
Africa|Business|Economy|Finance

South African rand falls as markets process Trump's tariff threat

South Africa's rand fell on Monday after comments by U.S.

South African rand falls as markets process Trump's tariff threat
Business|Economy|Political|US|World

Top Russian banker says easing of tensions with West uncertain under Trump

The next U.S. administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted any time soon,

Top Russian banker says easing of tensions with West uncertain under Trump
Asia|Business|Economy|Political|World

Russia's VTB CEO says BRICS summit was a slap in the face for the West

A summit of the BRICS countries held in the Russian city of Kazan in October was a slap in the face for Western nations which imposed sanctions on Russia, the CEO of Russia's second

Russia's VTB CEO says BRICS summit was a slap in the face for the West
Business|Economy|Europe|Finance|Political

ECB's Lane says bank should focus on future risks for policy decisions, FT reports

The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times

ECB's Lane says bank should focus on future risks for policy decisions, FT reports
Business|Economy|Europe|World

Russian factory activity expands marginally in November, PMI shows

Activity across Russia's manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work

Russian factory activity expands marginally in November, PMI shows
Business|Economy|Europe|Finance

Russia's VTB expects 2025 profit at 400 billion roubles

Russia's second largest lender VTB expects 2025 profit to be 400 billion roubles ($3.76 billion) next year, down from 550 billion this year, due to the central bank's tight monetary

Russia's VTB expects 2025 profit at 400 billion roubles
Business|Economy|Europe|Finance|World

Russia's VTB expects rouble to stabilise around 100/dollar, CEO says

The Russian rouble will stabilise at around 100 to the U.S. dollar after the period of volatility in the aftermath of U.S. sanctions on Russia's financial sector, CEO of Russia's

Russia's VTB expects rouble to stabilise around 100/dollar, CEO says
Business|Economy|Finance|World

Top Russian banker says sanctions-hit economy will slow in 2025

Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may

Top Russian banker says sanctions-hit economy will slow in 2025
Business|Economy|Europe|Political|World

Russia's VTB does not expect Western sanctions to be lifted soon

Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon, the CEO of Russia's second largest lender VTB Andrei Kostin told Reuters in

Russia's VTB does not expect Western sanctions to be lifted soon
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Rising tech stocks pull Wall Street to another record

Technology stocks pulled Wall Street to another record amid mixed trading

Stock market today: Rising tech stocks pull Wall Street to another record
Economy|Europe|Finance|Political|Stock Markets|US

Trump changes tune on strong dollar

A look at the day ahead in European and global markets from Wayne Cole The dollar is making the early running on Monday, retaking some of last week's losses helped in part by rare words of

Trump changes tune on strong dollar
Asia|Business|Economy|World

Indonesia, Canada sign comprehensive economic partnership

Indonesia and Canada on Monday signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to strengthen economic ties between the two G20 members,

Indonesia, Canada sign comprehensive economic partnership
Economy|Election|Europe|Political

Irish centre-right parties seek coalition deal as Trump threat looms

Ireland's two large centre-right parties are set to begin their search for a coalition partner this week after Friday's election left them just

Irish centre-right parties seek coalition deal as Trump threat looms
Economy|Europe|Political|World

Putin approves record defense spending — a third of Russia’s budget

Putin approves record defense spending — a third of Russia’s budget

Putin approves record defense spending — a third of Russia’s budget
Business|Economy|Europe

Nine Volkswagen plants on strike as worker rift with management deepens

Workers at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday, bringing assembly lines to a

Nine Volkswagen plants on strike as worker rift with management deepens
Africa|Business|Economy|Political|World

Thousands cheer Biden's arrival in Angola for his long-promised sub-Saharan Africa visit

President Joe Biden has arrived for his long-awaited first presidential visit to sub-Saharan Africa to the cheers of thousands in Angola

Thousands cheer Biden's arrival in Angola for his long-promised sub-Saharan Africa visit
Asia|Business|Economy

India factory growth softened in November on high inflationary pressures, PMI shows

India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher

India factory growth softened in November on high inflationary pressures, PMI shows
Asia|Business|Economy|Finance

China's yuan slides to 4-month low on tariff threats and mixed PMI data

The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers' index (PMI) data raised concern China's economy might need additional policy support.

China's yuan slides to 4-month low on tariff threats and mixed PMI data
Asia|Economy|Finance|World

Indonesia's headline inflation eases to 1.55% in Nov

Indonesia's annual inflation eased to 1.55% in November, official data showed on Monday, for the slowest rate since July 2021 amid lower

Indonesia's headline inflation eases to 1.55% in Nov
Economy|Environment|MidEast|Political|World

UN calls for $2.6 trillion investment to reverse land degradation

Restoring the world's degraded land and holding back its deserts will require at least $2.6 trillion in investment by the end of the decade, the U.N.

UN calls for $2.6 trillion investment to reverse land degradation
Asia|Business|Economy|Political

European factories struggled last month as China's perked up ahead of Trump tariffs

Manufacturing activity fell sharply across Europe last month and a further decline in demand dashed hopes for an imminent turnaround, whereas in China factories extended

European factories struggled last month as China's perked up ahead of Trump tariffs
Asia|Business|Economy|Finance|Stock Markets|US

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama

Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid political turmoil in France and positive signals for the U.S.

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama
Australia|Business|Economy|Political|Technology

Proposed Australia law would fine Big Tech over digital competition

Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on global technology companies if they suppress competition and prevent consumers from

Proposed Australia law would fine Big Tech over digital competition
Australia|Business|Economy|Finance

Australia's central bank says risks from non-bank lenders limited

Australia's central bank said on Monday that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses,

Australia's central bank says risks from non-bank lenders limited
Asia|Business|Economy

India home prices to rise 6.5% in 2025, driven by demand from wealthy: Reuters poll

Average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while the rising

India home prices to rise 6.5% in 2025, driven by demand from wealthy: Reuters poll
Asia|Business|Economy|Political

China's Nov factory activity growth hits 5-month high, Caixin PMI shows

China's factory activity expanded at the fastest pace in five months in November as new orders, including those from abroad, led to a solid rise in production, pushing

China's Nov factory activity growth hits 5-month high, Caixin PMI shows
Australia|Business|Economy|Science|Technology

Australia appoints Tesla chair Denholm to lead review on R&D performance

Australia appointed Tesla chair Robyn Denholm on Monday to lead a review of the country's research and development performance, in an attempt to improve economic

Australia appoints Tesla chair Denholm to lead review on R&D performance
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Oil steady, traders hopeful on China demand but worried about Fed

Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher factory activity in China was largely offset by concerns that the U.S

Oil steady, traders hopeful on China demand but worried about Fed
Australia|Business|Economy

Australia's retail sales firm for 3 months as consumer mood brightens

Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates

Australia's retail sales firm for 3 months as consumer mood brightens
Asia|Business|Economy

Bank of Korea to cut rates in Feb following Thursday's surprise move as economy wavers: Reuters poll

The Bank of Korea will take a pass in January but cut interest rates by a quarter-point in February following an unexpected reduction on Thursday to support a

Bank of Korea to cut rates in Feb following Thursday's surprise move as economy wavers: Reuters poll
Asia|Business|Economy

Japan's factory activity falls at fastest pace in 8 months, PMI shows

Japan's factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to trim production, a private-sector survey showed on Monday.

Japan's factory activity falls at fastest pace in 8 months, PMI shows
Asia|Business|Economy

Japan's Q3 capex accelerates, firms case for more rate hikes

Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling solid domestic demand was underpinning the country's fragile

Japan's Q3 capex accelerates, firms case for more rate hikes
Business|Economy|Europe

UK business morale ticks lower but trading prospects healthy, Lloyds Bank says

British business confidence ticked downwards in November to a five-month low but remained healthy overall, with companies still feeling upbeat about their trading prospects, a survey from

UK business morale ticks lower but trading prospects healthy, Lloyds Bank says
Asia|Australia|Economy|Finance|Political|Stock Markets

Euro drops as French government crisis escalates

The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to

Euro drops as French government crisis escalates
Business|Economy|Europe|Political|World

World's top 100 defence groups boost arms sales by 4% in 2023, think tank SIPRI says

The world's 100 biggest defence equipment makers increased their arms sales by 4.2% in 2023 to $632 billion, fuelled by wars and regional tensions, a leading think-tank said on

World's top 100 defence groups boost arms sales by 4% in 2023, think tank SIPRI says
Asia|Business|Economy|Finance|Political|Stock Markets

Trump's BRICS warning shines light on emerging FX

A look at the day ahead in Asian markets. 

Trump's BRICS warning shines light on emerging FX
Australia|Business|Economy|Finance

New Zealand home prices to rise modestly in coming two years: Reuters poll

New Zealand home prices are forecast to rise around 5% in the next two years as lower interest rates boost demand again following a 19% correction

New Zealand home prices to rise modestly in coming two years: Reuters poll
Business|Economy|Europe

Stellantis CEO Carlos Tavares steps down

Stellantis CEO Carlos Tavares steps down

Stellantis CEO Carlos Tavares steps down
Business|Economy|US

Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot

Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Americas|Business|Economy|Political|World

Trudeau promised Trump tougher border controls, says top Canada official

Canadian Prime Minister Justin Trudeau promised President-elect Donald Trump that Canada would toughen controls over the long undefended joint border, a senior

Trudeau promised Trump tougher border controls, says top Canada official
Business|Economy|Fashion and Beauty|Lifestyle|US

Small Business Saturday sees support for Asheville shops post-Hurricane Helene

Small Business Saturday sees support for Asheville shops post-Hurricane Helene

Small Business Saturday sees support for Asheville shops post-Hurricane Helene
Business|Economy|Europe

Volkswagen’s woes mount as workers go on strike across Germany

Volkswagen’s woes mount as workers go on strike across Germany

Volkswagen’s woes mount as workers go on strike across Germany
Asia|Business|Economy|Political

Bangladesh wants to renegotiate Adani power deal unless court cancels

By Krishna N.

Bangladesh wants to renegotiate Adani power deal unless court cancels
Economy|MidEast|Political|World

Israeli strikes hit southern Lebanon, but tense ceasefire holds

Lebanon’s state-run National News Agency says Israeli jets have launched an airstrike over a southern Lebanese border village, while troops shelled other border towns and villages still under Israeli control

Israeli strikes hit southern Lebanon, but tense ceasefire holds
Business|Economy|Europe|Finance|Political

UBS capital requirements should be proportionate, minister says

Capital requirements set for UBS under new banking regulations should be "proportionate", as Switzerland attempts to strike a balance between financial sector competitiveness and

UBS capital requirements should be proportionate, minister says
Business|Economy|Environment|Lifestyle|US

Shoppers continue indulging in Black Friday sales, but mostly online

Shoppers continue indulging in Black Friday sales, but mostly online

Shoppers continue indulging in Black Friday sales, but mostly online
Economy|Entertainment|MidEast|Political|Sports|US

Start your week smart: FBI director, Trump’s tariffs, Syrian civil war, hostage video, lake-effect snow

Start your week smart: FBI director, Trump’s tariffs, Syrian civil war, hostage video, lake-effect snow

Start your week smart: FBI director, Trump’s tariffs, Syrian civil war, hostage video, lake-effect snow
Business|Economy|Europe

Volkswagen workers to go on warning strikes across Germany

Volkswagen workers will go on warning strikes on Monday at plants across Germany, labour union IG Metall said, marking the first large-scale walkouts at

Volkswagen workers to go on warning strikes across Germany
Business|Economy|Fashion and Beauty|Lifestyle|Technology

Shopping on Shein and Temu for holiday gifts? You're not the only one.

Ultra low-cost online retailers Temu and Shein are giving Western retailers a run for their money this holiday shopping season

Shopping on Shein and Temu for holiday gifts? You're not the only one.
Africa|Economy|Election|Finance|Political

Ghana risks government shutdown if no budget passed before election

Ghana's parliament is unlikely to pass a provisional budget before the Dec. 7 general election, former officials and experts say, which risks triggering

Ghana risks government shutdown if no budget passed before election
Asia|Business|Economy|Political

Indonesia to form a state revenue ministry, president's advisor says

Indonesia plans to form a state revenue ministry to improve revenue collection, Hashim Djojohadikusumo, brother and a close advisor of President Prabowo Subianto, said on Sunday,

Indonesia to form a state revenue ministry, president's advisor says
Economy|Europe|Finance|Political

French far right says government spurned budget talks

France's far right National Rally (RN) leaders said on Sunday that the government had rebuffed its calls for more budget concessions, raising the chances of a no

French far right says government spurned budget talks
Africa|Business|Economy|Political|World

Biden fulfilling promise to visit Africa as US looks to counter China’s deepening influence in region

Biden fulfilling promise to visit Africa as US looks to counter China’s deepening influence in region

Biden fulfilling promise to visit Africa as US looks to counter China’s deepening influence in region
Economy|Lifestyle|MidEast|Political|World

Another bleak Christmas in Bethlehem as Christian families quit West Bank

For a second year running, there is no Christmas cheer in Bethlehem, with tourists shunning the Palestinian city and many residents seeking a

Another bleak Christmas in Bethlehem as Christian families quit West Bank
Crime|Economy|Europe|Political|World

Putin signs off record Russian defense spending as top EU officials visit Kyiv

Russian President Vladimir Putin has approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine

Putin signs off record Russian defense spending as top EU officials visit Kyiv
Economy|Europe|Political|World

Russia's Putin approves military focused 2025-2027 budget

Russian President Vladimir Putin has approved a military focused budget for 2025-2027, a document published on the official legal acts website showed on Sunday.

Russia's Putin approves military focused 2025-2027 budget
Business|Economy|Finance|Political|US

Why Trump’s tariff plans could lead to higher interest rates

Why Trump’s tariff plans could lead to higher interest rates

Why Trump’s tariff plans could lead to higher interest rates
Asia|Business|Economy

China new home price rises accelerate in November, survey finds

Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a string of policies may be lending

China new home price rises accelerate in November, survey finds
Business|Economy|Political|US|World

Trump threatens 100% tariff on BRICS countries if they pursue creating new currency

Trump threatens 100% tariff on BRICS countries if they pursue creating new currency

Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
Business|Economy|US

Enten explains how Americans view tariffs

CNN senior data reporter Harry Enten breaks down how Americans feel about tariffs.

Enten explains how Americans view tariffs
Asia|Business|Economy|Political|World

South Korea export growth slows to 14-month low as US demand weakens

South Korea's export growth slowed for a fourth-straight month in November, to the weakest level in 14 months, as shipments to the United States and China fell amid tariff

South Korea export growth slows to 14-month low as US demand weakens
Economy|Election|Europe|Political

What happens after Romania's parliamentary election?

Romanians vote in a parliamentary election on Sunday, one week after an independent far-right candidate won the most votes in the first round of a presidential

What happens after Romania's parliamentary election?
Business|Economy|Europe|Finance|Political

UK business confidence lowest since COVID pandemic, IoD says

Britain's Institute of Directors said on Sunday that optimism among its members had fallen to the lowest since the onset of the COVID-19 pandemic, following tax

UK business confidence lowest since COVID pandemic, IoD says
Crime|Economy|Environment|Health|Political

British PM Starmer to set out detailed policy targets in week ahead

British Prime Minister Keir Starmer will set out more detailed policy targets in the coming week to achieve the government's five main goals, including in economic growth, healthcare

British PM Starmer to set out detailed policy targets in week ahead
Business|Economy|Political|US|World

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
Americas|Economy|Political|US

Trump discussed border, trade with Canada's Trudeau after pledging steep tariffs

U.S.

Trump discussed border, trade with Canada's Trudeau after pledging steep tariffs
Business|Economy|Political|US|World

Trump warns BRICS nations against replacing US dollar

U.S.

Trump warns BRICS nations against replacing US dollar
Americas|Economy|Election|Political|US|World

Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table

Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner

Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table
Business|Economy|Fashion and Beauty|Technology|US

US Black Friday spending at stores inches ahead as Americans spend more online

Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped

US Black Friday spending at stores inches ahead as Americans spend more online
Economy|Election|Political|US

Latinos have become a new battleground frontier for political candidates

Latinos have become a new battleground frontier for political candidates

Latinos have become a new battleground frontier for political candidates
Economy|Election|Political|US

Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts

Republicans swept to power on Election Day and now control the House, the Senate and the White House, with plans for an ambitious 100-day agenda come January

Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts
Americas|Economy|Health|Political|World

Argentina HIV patients, medics fear impact of Milei's spending cuts

Argentines living with HIV/AIDS and medics say spending cuts under libertarian President Javier Milei are hurting treatment of the illness and could

Argentina HIV patients, medics fear impact of Milei's spending cuts
Business|Economy|Europe

SNB chairman says Swiss industry feeling German weakness

The current weakness in German industry is sapping demand in Switzerland's manufacturing sector, Swiss National Bank Chairman Martin Schlegel said on Saturday.

SNB chairman says Swiss industry feeling German weakness

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