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Economy

Economy

Factbox-Reactions to the first expanded BRICS summit

(Reuters) – Russia this week hosted the first summit of the newly expanded BRICS club of emerging economies, with leaders agreeing a…
Economy

Boeing CEO presses turnaround as loss balloons to $6 billion

(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…
Economy

Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost

By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…
Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…
Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…
Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
Economy

Strategas explains why this is ‘the most investable election of our lifetimes’

Investing.com — With just two weeks remaining before the U.S. election, analysts at Strategas have dubbed it “the most investable election of our…
Economy

Factbox-Brokerages raise China GDP growth estimates for 2024

(Reuters) – China’s economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace…
Economy

Bank of Israel voted 5-0 to hold rates at October decision, minutes show

JERUSALEM (Reuters) – All five members of the Bank of Israel’s monetary policy committee voted on Oct. 9 to leave the benchmark…
Economy

UK commits to regulator’s proposals to improve housebuilding

LONDON (Reuters) – Britain’s new Labour government said on Tuesday it had accepted proposals from the country’s competition watchdog to improve the…
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