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Economy

Economy

BoE Governor sees gradual rate cuts in next year

Bank of England Governor Andrew Bailey has indicated that a series of gradual interest rate cuts is likely to occur over the…
Economy

OECD cuts German growth outlook for 2025 amid political woes

The Organization for Economic Cooperation and Development (OECD) has revised its economic growth forecast for Germany, predicting a slower rate of 0.7%…
Economy

GM to take more than $5 billion in charges on China operations

By Nora Eckert DETROIT (Reuters) -General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5…
Economy

Euro zone business activity contracts in November

In November, the euro zone experienced a sharp decline in business activity, with a significant contraction in the services sector adding to…
Economy

US watchdog proposes limits on ‘data brokers’ sale of personal info

By Douglas Gillison (Reuters) – The sale of Americans’ private information by “data brokers” to scammers, foreign adversaries, abusive domestic partners and…
Economy

Central banks extend easing cycle in November as uncertain 2025 looms

By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Monetary easing by central banks across developed and emerging economies trundled along in…
Economy

Senator Ted Cruz demands probe into European influence on AI policy

By Martin Coulter LONDON (Reuters) – Republican Senator Ted Cruz has urged U.S. officials to investigate whether European governments have tried to…
Economy

Italy PM says to protect national interest in UniCredit-BPM tie-up

By Angelo Amante and Giuseppe Fonte ROME (Reuters) -Italy’s government is ready to use its special vetting powers if UniCredit’s proposed takeover…
Economy

Futures muted, Musk pay deal struck down again – what’s moving markets

Investing.com — Futures are little changed on Tuesday after a mixed close on Wall Street in the previous session. Tesla CEO Elon…
Economy

Tesla leads November’s global market value surge

(Reuters) – Tesla (NASDAQ:TSLA)’s market capitalisation increased by the most among top global companies in November, boosted by expectations the automaker will…
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