Economy Financial News
15.11 / 13:43
Cooper
economy
country
information
2020
Department
US leads COP28 push to triple nuclear energy capacity
The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear power capacity globally by 2050, marking a major turnaround for the controversial technology at the climate negotiations.
15.11 / 12:15
Waves
Target
economy
pandemic
President
reports
Rosenberg sees 'terrifying' mortgage math bringing Canada rates down quickly
Canada’s central bank will have to cut interest rates faster and further than markets expect to get ahead of a wave of mortgage maturities that threaten a fifth of the country’s discretionary income, according to economist David Rosenberg.
15.11 / 12:10
economy
show
stage
country
week
German union calls on train drivers to strike this week in a rancorous pay dispute
A union representing German train drivers says it is calling its members out on a 20-hour strike later this week as a rancorous round of pay negotiations with the country’s main rail operator gets under way
15.11 / 12:10
economy
vaccine
Virus
pop
outbreak
Department
infection
The Bird flu outbreak isn't over, but it's less severe, helping egg and poultry prices recover
Nearly 5 million chickens, turkeys and other birds have been slaughtered this year because of a persistent bird flu outbreak that began in 2022, but as big as that number may sound, it’s far less than the number of birds killed last year and that means...
15.11 / 12:09
Aware
economy
BURST
pandemic
country
Economy has lost momentum during a tough year, EU commission says and warns of risk from Mideast
The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment
15.11 / 12:09
Provident
FIVE
economy
Bill
show
Low
UK government meets pledge to halve inflation this year as rate falls to 2-year low of 4.6%
Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison
15.11 / 12:09
15.11 / 12:09
Manufacturing
economy
pandemic
President
show
reports
travelers
China's economy shows sparks of life, despite persisting weakness in troubled real estate sector
China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish
15.11 / 12:09
Waters
economy
Mercantile
Nikkei
show
electronic
reports
Stock market today: Global shares get a lift from encouraging US inflation report
Global shares are mostly higher, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation
15.11 / 12:09
Booking
economy
Enterprise
country
Latin
Cuban private grocery stores thrive but only a few people can afford them
Dozens of tiny grocery stores have sprung up around Cuba in recent months
15.11 / 12:09
economy
Fallout
Coronavirus
pandemic
country
2020
Germany's highest court annuls a decision to repurpose COVID relief funding for climate measures
Germany’s highest court has annulled a government decision to repurpose 60 billion euros ($65 billion) originally meant to cushion the fallout from the coronavirus pandemic for measures to help combat climate change and modernize the country
15.11 / 12:09
Target
economy
show
country
reports
prevention
Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says
A German thinktank has reported that to prevent global warming from surpassing the critical threshold of 1.5 Celsius, major Asian economies must ensure they can get half of their total electricity from renewables by 2030
15.11 / 12:09
Target
economy
Coronavirus
pandemic
show
social
Mexican magnate's firm says it's too poor to pay US bondholders the tens of millions owed
The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego says it has failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments
15.11 / 11:56
economy
country
cover
Once OBCs, Dalits and tribals learn about their actual population, country will change: Rahul Gandhi
Congress leader Rahul Gandhi on Wednesday said the day the Other Backward Classes, Dalits and tribals learn about their actual population, the «country will change forever.» Speaking at a rally in Chhattisgarh's Bemetara district ahead of the second phase of assembly elections on November 17, he accused Prime Minister Narendra Modi of not taking a clear stand on the issue. «Modi ji flies in an aircraft worth Rs 12,000 crore and wears new clothes every day. He was elected using the word OBC (on the promise of acting in their interest), and when the time comes to give rights to the OBCs, he says there is no OBC and the poor are the only caste in India.
15.11 / 10:59
Target
Platform
economy
Marvell
show
reports
Stock Market Today: Dow racks up gains as cooling inflation sinks Treasury yields
Investing.com — The Dow closed higher Tuesday as sliding Treasury yields paved the way for tech stocks to rack up gains after a cooler-than-expected inflation report supported investor expectations that the Federal Reserve's hiking cycle has ended.
15.11 / 10:59
Provident
Target
economy
show
electronic
reports
Department
Futures inch higher, Target to report - what's moving markets
Investing.com -- U.S. stock futures inch up on Wednesday, after the main indices on Wall Street soared in the prior session on optimism that slower-than-projected inflation data may lead the Federal Reserve to end its long-standing policy tightening campaign. Meanwhile, Target (NYSE:TGT) gears up to release its latest quarterly results and industrial activity in China grows at a faster than expected pace in October.
15.11 / 10:59
15.11 / 10:59
Target
Manufacturing
economy
show
country
electronic
Japan Q3 GDP shrinks more than expected as sticky inflation weighs
Investing.com-- The Japanese economy shrank more than expected in the third quarter as sticky inflation and a weak yen dented private spending, while demand in the country’s biggest export destinations also worsened.
15.11 / 10:59
economy
President
show
track
Dollar attempts rebound after inflation-induced losses; sterling weakens
Investing.com — The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp losses as cooling U.S. inflation raised expectations that the Federal Reserve has reached the end of its monetary tightening cycle.
15.11 / 10:59
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