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Economy

Economy

Germany faces lethargic growth, potential hit from Trump, Bundesbank says

FRANKFURT (Reuters) – Germany’s economy will shrink for the second year in a row this year and its recovery will be lacklustre,…
Economy

Euro zone industry did not fall in Oct but recovery not in sight

FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but…
Economy

India’s October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
Economy

China vows to issue more debt, cut interest rates next year

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
Economy

India’s November retail inflation eases, boosts rate cut hopes

By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
Economy

Pope Francis calls for new global accords on debt, military spending

By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
Economy

Trump crypto venture partners with platform linked to Middle East militants

(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
Economy

Future pandemic could cause $13.6 trln economic loss -Lloyd’s of London

LONDON (Reuters) – Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial…
Economy

Carlyle’s AlpInvest, Mubadala join forces for new financing partnership

By Echo Wang NEW YORK (Reuters) – AlpInvest Partners, the secondary investments unit of buyout firm Carlyle Group (NASDAQ:CG), and Abu Dhabi’s…
Economy

Bank of Canada likely to reduce interest rate by 50bps

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is poised to cut its key policy rate by another 50 basis…
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