Economy Financial News

30.11 / 01:35

UPS Adobe economy President Inflation-wary US consumers flock to 'Black Friday' deals

As markets and consumers eye possible turbulence during the transition from President Joe Biden to Donald Trump, there are hopes that the year's biggest shopping season — stretching from Thanksgiving to Christmas — will be a bonanza. The National Retail Federation (NRF) said a record 183.4 million people are planning to shop over the weekend, ticking up from 182 million last year and 18.1 million higher than 2019, before the Covid pandemic derailed the global economy.

29.11 / 20:07

UPS economy Harmonic country reports Sporting Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates

Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom ov...

29.11 / 20:07

markets Provident economy social dance Schools China's aging population fuels 'silver economy' boom, but profits can prove elusive

Many older Chinese are looking beyond traditional care homes, worried about abandonment and quality issues

29.11 / 20:07

UPS economy Trade War shock International The ruble's in a slump. For the Kremlin, that's a two-edged sword

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other

29.11 / 20:07

economy wellness Trade President Fishing country reports Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future

The World Trade Organization chief says she’s “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump’s plans to impose new tariffs on goods from other countries including China, Mexico ...

29.11 / 15:39

markets Provident Google security Strategy economy country PM Modi visualises women-led economic growth for India: FM Nirmala Sitharaman

Nirmala Sitharaman on Friday asserted that PM Narendra Modi was of the view that women would steer economic growth in the country, which was on its way to becoming the third largest economy in the world. She was speaking at a credit outreach programme held in the north Bihar town of Darbhanga, where loans for Rs 1,388 crore were provided to 49,137 beneficiaries by various banks. Among those present were Union minister Chirag Paswan and Deputy Chief Minister Samrat Choudhary, among others. Sitharaman said, «Earlier, PM Modi used to tell me that the Union budget should be women-centric. But now he says the budget should be one that visualises women in leadership roles.»

29.11 / 15:39

markets Reuters Strategy economy show performer reports trump tariffs World economy to witness worrying uncertainties in 2025 due to Trump Tariffs?

World economies and equity markets have had a robust year, with global growth expected to average 3.1 per cent this year, a Reuters poll published in October showed. Forecasts from some top banks on economic growth, inflation and the performance of major asset classes in 2025 have resonated the broader overview, Reuters reported. Also Read :Black Friday vs Cyber Monday: Which day offers the best deals and discounts?

29.11 / 15:39

markets Target LEGO Strategy Apple economy beautiful This Black Friday there are many deals going around, but these are the very best, go grab them

29.11 / 15:27

Provident Manufacturing economy Align show reports testing RBI’s GDP projections on test as India’s Q2 GDP growth falls short

Subscribe to enjoy similar stories. The Indian economy experienced a big jolt in the July-September quarter of 2024-25, with the real GDP growth rate slowing to 5.36%, the lowest in seven quarters, data released by the statistics ministry on Friday showed. Not only was this sharply lower than the projection of 7% by the Reserve Bank of India but also lower than the median estimate of 6.5% by 26 economists in a Mint poll.

29.11 / 14:43

markets UPS economy trends CIBC show Canada’s economy ekes out 1% growth in third quarter

The Canadian economy continued to grow in the third quarter as consumer spending rebounded, Statistics Canada said Friday.

29.11 / 14:03

markets Provident Cooper Strategy economy Experts PAM Mission Arun Himveer boosts market linkage for Arunachal’s agri-horti produce

Mission Arun Himveer took off with the signing of a Memorandum of Understanding (MoU) between the Arunachal Pradesh Agriculture Marketing Board (APAMB) and the Indo Tibetan Border Police (ITBP), North East Frontier. Under the initiative the state government through APAMB will supply fruits, vegetables, meat and poultry products to the ITBP procured from local farmers, SHGs, FPOs and farmer cooperatives. This follows the first such understanding made between the state government and the Indian Army in August 2022. Till date around 400 tons of fruits and vegetables worth Rs 72 lakhs were lifted by LAMPS from indigenous farmers for supply to the Indian Army.

29.11 / 10:19

markets Manufacturing economy Trade President Experts country Trump tariff threats reveal Canada’s trade dependency on U.S.: experts

Canada failed to cultivate new trade corridors that could have helped to mitigate the potential impact of Donald Trump’s tariff threats ahead of his return to the White House, experts tell Global News.

29.11 / 08:55

UPS economy Universities country social Equality politician Governments are bigger than ever. They are also more useless

Subscribe to enjoy similar stories. You may sense that governments are not as competent as they once were. Upon entering the White House in 2021, President Joe Biden promised to revitalise American infrastructure.

29.11 / 07:29

Booking security economy Research Trade President Experts Donald Trump's call for 'energy dominance' is likely to run into real-world limits

President-elect Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world

29.11 / 06:55

UPS Target Action Strategy economy reports India to come up with mitigation action for high carbon-emitting sectors like steel, cement, refineries, fertilisers

Subscribe to enjoy similar stories. New Delhi: The Union government plans to come up with mitigation action based on carbon capture and clean coal for industries that are among the biggest emitters of gases that cause global warming, Niti Aayog member V. K.

29.11 / 06:55

UPS economy Trade War show country Russia’s war economy shows new cracks after the ruble plunges

Subscribe to enjoy similar stories. The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging.

29.11 / 06:05

markets Reuters Strategy economy show reports HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said. The Asia-focused bank has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers, three sources with direct knowledge of the matter said. Two of the them said the planned closure comes after failed attempts to sell the business.

29.11 / 04:37

markets Provident economy Universities social dance Schools China's aging population fuels 'silver economy' boom, but profits can prove elusive

Zhang, 71, has found joy and new friends at the «elderly university» in Beijing. Besides African drums, the former primary school teacher joins social dance classes, paying about 2,000 yuan ($280) for two courses this semester. Seeing herself standing tall in dance class boosts her confidence. After class, she hangs out with her friends. «When we get old, what do we need?» she said. «To love ourselves.»

29.11 / 03:59

markets Strategy economy awards Experts performer reports With GDP due today, India's middle class consumption story has 3 protagonists

The ripple-effects of the slowed consumption was seen in India Inc's performance for the second quarter which clocked a revenue growth of 16-quarter-low. Moreover, India is due to report its Q2 GDP figures today, which may further push the Indian consumption story. According to a report by Marcellus Investment Managers, three key factors are contributing to this phenomenon: increasing automation in routine jobs, a cyclical economic downturn, and deteriorating household balance sheets.

28.11 / 18:51

Target economy students Universities country reports Mark Carney says Canada's immigration policy suffered ‘failures of execution’

Former Bank of Canada governor Mark Carney says that Canada has experienced “failures of execution” when it comes to immigration policy in recent years, taking in more people than the economy was able to handle.

28.11 / 17:45

markets economy Corning President hospital reports bowling Avocados, tequila and other iconic Mexican products are jeopardized by Trump's tariff threats

Mexicans are worried that threats by U.S. President-elect Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products, some of which support entire regional economies

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