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Economy

World bank raises China’s GDP forecast for 2024, 2025

(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025…
Economy

Dollar stays resilient, Asia shares get festive lift

By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week…
Stock

Turkey’s central bank trims interest rates after nearly two years

Investing.com — Turkey’s central bank has made its first interest rate cut in almost two years, following signs of easing consumer inflation….
Economy

Spain’s industrial prices rise 0.9% year-on-year in November

MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months…
Stock

Taiwan blocks Uber’s $950 million acquisition of Foodpanda

Investing.com — Taiwan’s Fair Trade Commission (FTC) has halted Uber Technologies (NYSE:UBER)’ planned $950 million takeover of Foodpanda’s local delivery business due…
Stock

Xiaomi joins NIO, XPeng, and Li Auto EV charging networks in China

Investing.com — Chinese consumer electronics company Xiaomi (OTC:XIACF) has announced it will join the electric vehicle (EV) charging networks of rivals NIO,…
Stock

India stocks higher at close of trade; Nifty 50 up 0.14%

Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Power and Public Sector Undertakings sectors…
Stock

Futures lower in holiday-thinned trading

(Reuters) – U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock…
Investing

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family…
Investing

Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access

The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit…
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