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LA wildfires trigger $1 billion payout for European insurance companies

The rampant wildfires in Los Angeles could cost notable insurance firms based out of the European Union more than $1.0 billion in…
Latest News

BSE shares surged 6% today: analysts see further upside ahead

BSE’s share price shot up today. The stock went up over 6% to hit an intraday high of ₹4,497.90. India’s biggest stock…
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UK’s ‘third way’ in AI governance seeks balance between innovation and oversight

The United Kingdom is charting a distinctive course in artificial intelligence (AI), aiming to position itself as a global leader without directly…
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Volkswagen’s global deliveries fall by 2.3%, weighed down by China volumes

Volkswagen Group, the world’s largest carmaker by sales volume, recorded a 2.3% drop in deliveries for 2024, falling to just over nine…
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Why is McDonald’s being sued over its Latino scholarships?

The post Why is McDonald’s being sued over its Latino scholarships? appeared first on Invezz
Economy

Exclusive-Syria’s new central bank chief vows to boost bank independence post Assad

By Timour Azhari DAMASCUS (Reuters) – Syria’s new central bank governor, Maysaa Sabreen, said she wants to boost the institution’s independence over…
Economy

Winds pick up in California, threatening to stoke LA wildfires anew

(Updates story date to Jan 14 from Jan 13.) By Chad Terhune, Jorge Garcia LOS ANGELES (Reuters) -Los Angeles firefighters braced on…
Economy

Irregular migration into EU drops sharply in 2024, EU border agency says

BRUSSELS (Reuters) – The number of migrants entering the European Union by irregualr routes dropped overall by 38% in 2024, reaching the…
Economy

Chinese central banker warns of government bond risks as yields slide

BEIJING/SHANGHAI (Reuters) – Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential…
Economy

Inverted swaps curve shows investors pare China rate cut bets

SHANGHAI (Reuters) – Investors are dialling back bets on near-term rate cuts in China, the derivatives market shows, as expectations grow that…
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