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
December 02, 2024Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired
December 02, 2024After lackluster spending at U.S. stores on a deals-heavy Black Friday, retailers are pulling out all the stops with steep promotions and
December 02, 2024Brazil'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
December 02, 2024The Democratic-led U.S.
December 02, 2024America’s wealthiest people have long urged each other to give away more of their money
December 02, 2024Stoli vodka files for bankruptcy in the United States
December 02, 2024The U.S. and the United Arab Emirates have discussed with each other the possibility of lifting sanctions on
December 02, 2024Donald Trump has promised to "drill, baby, drill" to halve energy costs, a plan that sends shivers through the governments of emerging
December 02, 2024AirBaltic 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
December 02, 2024AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors including Nvidia, Accel and some accounts
December 02, 2024Sanofi 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
December 02, 2024By Krishna N.
December 02, 2024For 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
December 02, 2024A 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
December 02, 2024Four 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
December 02, 2024The 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,
December 02, 2024The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming,
December 02, 2024The 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
December 02, 2024A 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
December 02, 2024Consumers 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
December 02, 2024The European Central Bank is expected to continue cutting interest rates this month, ECB policymaker Yannis Stournaras said on Monday.
December 02, 2024What to buy now before Trump’s tariffs kick in
December 02, 2024Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures
December 02, 2024The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S.
December 02, 2024A gauge of British manufacturing activity released on Monday pointed to the sharpest contraction in nine months, as orders from domestic and foreign customers fell
December 02, 2024German 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.
December 02, 2024Euro 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
December 02, 2024The 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
December 02, 2024South African manufacturing activity fell in November, a local purchasing managers' index (PMI) survey showed, as volatile demand conditions weighed on business activity.
December 02, 2024Germany's manufacturing sector remained firmly entrenched in contraction territory in November as firms struggle with weak demand and competitive pressure, highlighting ongoing
December 02, 2024India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much
December 02, 2024France'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
December 02, 2024Italian 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
December 02, 2024When 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,
December 02, 2024Top 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
December 02, 2024French shares ended Monday's volatile session flat, as investors avoided large bets and mulled the outlook for the
December 02, 2024A 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-
December 02, 2024Spain'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
December 02, 2024Thousands 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
December 02, 2024Poland'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
December 02, 2024China'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
December 02, 2024HONG KONG (Reuters) December 02, 2024
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
December 02, 2024The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France.
December 02, 2024The French government is all but certain to collapse later this week after far-right and left-wing parties submitted no-confidence motions on
December 02, 2024British 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,
December 02, 2024The 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
December 02, 2024Turkish 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
December 02, 2024Italy's tax system is skewed in a way that lets society's wealthiest 7% pay proportionately less tax than low and middle-income
December 02, 2024After serving in Ghana's police force for over three decades, pensioner Emmanuel Amey-Wemegah had a clear retirement plan: invest part of his
December 02, 2024By Krishna N.
December 02, 2024South Africa's rand fell on Monday after comments by U.S.
December 02, 2024The next U.S. administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted any time soon,
December 02, 2024A 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
December 02, 2024The 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
December 02, 2024Activity 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
December 02, 2024Russia'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
December 02, 2024The 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
December 02, 2024Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may
December 02, 2024Western 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
December 02, 2024Technology stocks pulled Wall Street to another record amid mixed trading
December 02, 2024A 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
December 02, 2024Indonesia and Canada on Monday signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to strengthen economic ties between the two G20 members,
December 02, 2024Ireland'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
December 02, 2024Putin approves record defense spending — a third of Russia’s budget
December 02, 2024Workers at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday, bringing assembly lines to a
December 02, 2024President Joe Biden has arrived for his long-awaited first presidential visit to sub-Saharan Africa to the cheers of thousands in Angola
December 02, 2024India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher
December 02, 2024The 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.
December 02, 2024Indonesia's annual inflation eased to 1.55% in November, official data showed on Monday, for the slowest rate since July 2021 amid lower
December 02, 2024Restoring 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.
December 02, 2024Manufacturing activity fell sharply across Europe last month and a further decline in demand dashed hopes for an imminent turnaround, whereas in China factories extended
December 02, 2024Stocks 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.
December 02, 2024Australia 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
December 02, 2024Australia'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,
December 02, 2024Average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while the rising
December 02, 2024China'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
December 02, 2024Australia 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
December 02, 2024Oil 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
December 02, 2024Australian 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
December 02, 2024The 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
December 02, 2024Japan'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.
December 02, 2024Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling solid domestic demand was underpinning the country's fragile
December 02, 2024British 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
December 02, 2024The 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
December 01, 2024The 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
December 01, 2024A look at the day ahead in Asian markets.
December 01, 2024New 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
December 01, 2024Stellantis CEO Carlos Tavares steps down
December 01, 2024Stellantis 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
December 01, 2024Canadian Prime Minister Justin Trudeau promised President-elect Donald Trump that Canada would toughen controls over the long undefended joint border, a senior
December 01, 2024Small Business Saturday sees support for Asheville shops post-Hurricane Helene
December 01, 2024Volkswagen’s woes mount as workers go on strike across Germany
December 01, 2024By Krishna N.
December 01, 2024Lebanon’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
December 01, 2024Capital requirements set for UBS under new banking regulations should be "proportionate", as Switzerland attempts to strike a balance between financial sector competitiveness and
December 01, 2024Shoppers continue indulging in Black Friday sales, but mostly online
December 01, 2024Start your week smart: FBI director, Trump’s tariffs, Syrian civil war, hostage video, lake-effect snow
December 01, 2024Volkswagen workers will go on warning strikes on Monday at plants across Germany, labour union IG Metall said, marking the first large-scale walkouts at
December 01, 2024Ultra low-cost online retailers Temu and Shein are giving Western retailers a run for their money this holiday shopping season
December 01, 2024Ghana's parliament is unlikely to pass a provisional budget before the Dec. 7 general election, former officials and experts say, which risks triggering
December 01, 2024Indonesia 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,
December 01, 2024France'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
December 01, 2024Biden fulfilling promise to visit Africa as US looks to counter China’s deepening influence in region
December 01, 2024For a second year running, there is no Christmas cheer in Bethlehem, with tourists shunning the Palestinian city and many residents seeking a
December 01, 2024Russian President Vladimir Putin has approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine
December 01, 2024Russian President Vladimir Putin has approved a military focused budget for 2025-2027, a document published on the official legal acts website showed on Sunday.
December 01, 2024Why Trump’s tariff plans could lead to higher interest rates
December 01, 2024Prices 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
December 01, 2024Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
December 01, 2024CNN senior data reporter Harry Enten breaks down how Americans feel about tariffs.
December 01, 2024South 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
December 01, 2024Romanians 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
December 01, 2024Britain'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
December 01, 2024British 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
November 30, 2024President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar
November 30, 2024U.S.
November 30, 2024U.S.
November 30, 2024Canadian 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
November 30, 2024Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped
November 30, 2024Latinos have become a new battleground frontier for political candidates
November 30, 2024Republicans 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
November 30, 2024Argentines living with HIV/AIDS and medics say spending cuts under libertarian President Javier Milei are hurting treatment of the illness and could
November 30, 2024The current weakness in German industry is sapping demand in Switzerland's manufacturing sector, Swiss National Bank Chairman Martin Schlegel said on Saturday.
November 30, 2024