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Today: July 29, 2025
Today: July 29, 2025

economic growth

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Reaction to the European Union's trade agreement with the Trump administration

The European Union's trade agreement with the Trump administration is receiving mixed reviews

Reaction to the European Union's trade agreement with the Trump administration
Business|Economy|Environment|Finance|Stock Markets|World

Gulf economies to rebound on higher oil output and revenue diversification- Reuters poll

Ramped-up oil production and diversification efforts will help most Gulf economies grow faster this year than they did in 2024, a Reuters poll of economists

Gulf economies to rebound on higher oil output and revenue diversification- Reuters poll
Business|Economy|Europe|World

Romania expects small growth hit from new US trade deal

Romania said on Monday a 15% U.S. import tariff on European goods would mean a small hit to central Europe's second-largest economy, while

Romania expects small growth hit from new US trade deal
Business|Economy|Finance|World

Philippine central bank on track for two more rate cuts in 2025

The Philippine central bank is committed to maintaining its easing bias and is on course to cut policy rates twice this year, its governor said on Monday, though the

Philippine central bank on track for two more rate cuts in 2025
Business|Economy|Finance|World

Russian central bank slashes key rate by 200 bps in biggest cut since May 2022

The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, hoping to revive lending and boost flagging economic

Russian central bank slashes key rate by 200 bps in biggest cut since May 2022
Business|Economy|Finance|World

US business equipment spending appears to have slowed sharply in second quarter

New orders for key U.S.-manufactured capital goods unexpectedly fell in June while shipments of those products increased moderately, suggesting that business

US business equipment spending appears to have slowed sharply in second quarter
Business|Economy|Europe|World

ECB survey sees lower inflation, 2% over the longer term

Euro zone inflation may be lower this year and next than previously expected and will remain around the European Central Bank's 2% target in the longer term, the ECB's Survey of

ECB survey sees lower inflation, 2% over the longer term
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Ghana narrows fiscal deficit target after better-than-expected first half

Ghana has narrowed its fiscal deficit target for 2025 after a better-than-expected first six months of the year, its finance minister said on Thursday, pledging to

Ghana narrows fiscal deficit target after better-than-expected first half
Business|Economy|Environment|Europe|World

Irish new home building jumps 35% in surprise second quarter boost

The number of new homes built in Ireland increased 35% year-on-year in the second quarter to 9,214, a surprise boost that completed the strongest first half since a 2008 property

Irish new home building jumps 35% in surprise second quarter boost
Business|Economy

UK firms struggle but price pressures likely to keep Bank of England on alert

British companies are struggling to grow and the job market continues to weaken, but inflation pressures are still lurking in the economy, according to surveys

UK firms struggle but price pressures likely to keep Bank of England on alert
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Russian rate cuts to ease banks' concerns over rising bad debt

After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now hoping a cycle of rate cuts will nip

Russian rate cuts to ease banks' concerns over rising bad debt
Business|Economy|Europe|World

German private sector growth remains tepid in July, PMI shows

German business activity continued to grow marginally in July, though at a slightly slower pace than in June, as manufacturing output expanded for a fifth

German private sector growth remains tepid in July, PMI shows
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Why the Russian rouble is outperforming and what it means

The Russian rouble's 45% rise against the U.S. dollar since the start of the year has made it one of the world's best performing currencies - but the sharp appreciation is proving to

Why the Russian rouble is outperforming and what it means
Business|Economy|Science|Technology|World

Taiwan plans AI projects to boost economy by $510 billion

Taiwan plans to launch its "Ten Major AI Infrastructure Projects" initiative, aimed at generating more than T$15 trillion ($510 billion) in economic value by 2040 as it strives to

Taiwan plans AI projects to boost economy by $510 billion
Business|Economy|Education|Political|World

Jeannette Jara is a coalition Communist who wants to be Chile's next president

Saddled with an unpopular incumbent president, Chile's left has made a bold choice to contest a resurgent

Jeannette Jara is a coalition Communist who wants to be Chile's next president
Business|Economy|Finance|Political|World

Bank of England's Bailey defends bank rules after Reeves attack

Bank of England Governor Andrew Bailey said on Tuesday he did not agree with finance minister Rachel Reeves' description of regulation as a "

Bank of England's Bailey defends bank rules after Reeves attack
Business|Economy|Education|Science|World

Official India jobless data is not accurate, say top independent economists

The Indian government's unemployment data is inaccurate and masks the severity of joblessness and underemployment, according to a Reuters poll of independent

Official India jobless data is not accurate, say top independent economists
Business|Economy|Finance|World

Industrial pruning won't pull China out of deflation as quickly as last time

China's hardened rhetoric against price wars among producers is raising expectations Beijing may be about to kick off industrial capacity cuts in a long-awaited, but challenging,

Industrial pruning won't pull China out of deflation as quickly as last time
Business|Economy|Finance|Political|US

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

U.S.

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements
Business|Economy|Europe|Finance|World

German tax revenues up 7.3% in June, finance ministry says

Germany's federal and state government tax revenues rose 7.3% in June from the same month a year ago, the finance ministry said on Tuesday.

German tax revenues up 7.3% in June, finance ministry says
Business|Economy|Environment|Finance|Health|Political

Budget office says Trump's tax law will add $3.4 trillion to deficits, leave 10 million uninsured

President Donald Trump’s tax and spending cut bill will add $3.4 trillion to federal deficits through 2034

Budget office says Trump's tax law will add $3.4 trillion to deficits, leave 10 million uninsured
Business|Economy|Science|Technology|World

UK and ChatGPT maker OpenAI sign new strategic partnership

Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as

UK and ChatGPT maker OpenAI sign new strategic partnership
Business|Economy|Finance|Stock Markets|World

Bank of Canada survey: firms less worried by worst-case tariff scenarios

Canadian businesses see less chance of a worst-case tariffs scenario but remain cautious and are keeping hiring and investment under

Bank of Canada survey: firms less worried by worst-case tariff scenarios
Business|Economy|Finance|US

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

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