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The Canadian economy posted flat growth in August, Statistics Canada said Thursday, but there were signs of a rebound stirring in September.

California is partnering with a major airline trade group to increase the availability of sustainable aviation fuels in the state

Fewer Americans filed for unemployment benefits last week as layoffs remained at historically healthy levels despite elevated interest rates

The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company’s development of a competing me...

Islamabad: The fundamental assumptions used to finalise the USD 7 billion deal with the IMF have gone awry within a month of its approval, leaving the authorities concerned with an option either to renegotiate the package or keep suffocating the economy through more taxes, according to a media report on Thursday. Official statistics show that out of four key underlying assumptions for achieving the nearly Rs 13 trillion tax target — the economic growth rate, inflation, large-scale manufacturing and imports — three assumptions have already been proven wrong by the end of the first quarter of the current fiscal year. The federal government has also overly committed on behalf of the four provincial governments that, too, are struggling to meet their conditions soon after the deal became effective. The Express Tribune newspaper reported that the official statistics for the first quarter (July-September) revealed that — from the Federal Board of Revenue's tax collection target to provincial cash surpluses — everything has gone off the mark.

Key Square Group founder Scott Bessent and chief economist at the America First Policy Institute Michael Faulkender discuss former President Trumps agenda on Kudlow.

Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth has eased pressure to maintain currency stability against a persistently strong dollar. A jumbo 50 basis points Fed rate cut in September and expectations for two more quarter-percentage point reductions by end-year has provided wriggle room for central banks in Asian economies to consider their next moves. The Fed is expected to cut rates by another 125 basis points next year, much more than Asian central banks. But with the U.S. economy showing continued resilience, the greater risk is for the Fed to move more gradually than speed up.

Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new products and action to reduce inventories slashed global shipments of new vehicles by 20%

central banks implement a series of interest rate cuts against the backdrop of a strong U.S. economy, according to a Reuters poll of around 500 economists. Next week's hotly-contested U.S. presidential election could limit the growth picture, however, by re-writing the current rules around trade. Unexpected resilience that led economists to significantly upgrade their 2024 global growth forecasts since the beginning of the year is in large part thanks to the U.S. economy's performance.

Subscribe to enjoy similar stories. Microsoft and Meta Platforms might appear to have little in common. But both are betting large sums on artificial intelligence, and neither is yet inclined to slow down.

Subscribe to enjoy similar stories. At the 39th ASEAN Roundtable, hosted by a research institute in Singapore on October 28th, the room was split. With Asia riven by an assertive China and a protectionist America, some attendees called for hard-headed thinking about trade-offs.

buy call on Arvind SmartSpaces with a target price of Rs 1,085. The current market price of Arvind SmartSpaces is Rs 923.15. The company, incorporated in 2008, is a smallcap company with a market cap of Rs 4150.01 crore, operating in the real estate sector. Arvind SmartSpaces' key products/revenue segments include income From Real Estate Development and Other Operating Revenue for the year ending 31-Mar-2024.

According to data from the London Stock Exchange, AIM was up 3.8% at the time of publication at 743.2p following a close at 715.8p on Tuesday (29 October). AIM shares have historically enjoyed tax relief from IHT, given that investors held them for at least two years. Autumn Budget 24: Chancellor Reeves sets 20% IHT rate on AIM shares However, following months of speculation that AIM shares would be the target of an IHT raid, the chancellor revealed at the Autumn Budget that she will provide a 50% relief, meaning the effective rate on inheritance tax will stand at 20% rather than t...

The head of Wealthsimple Inc. called Canada’s productivity problem an “absolute crisis” that will take a major entrepreneurial push to fix.

Zydus Wellness said it will enter into a definitive agreement to acquire Naturell, the maker of Ritebite Max Protein bars and snacks for Rs 390 crore in an all cash deal The maker of Complan and Glucon-D said the acquisition aligns with its vision of expanding its footprint in the healthy snacking segment. Naturell, which started its operations in 2003, entered into healthy snacks in 2007 and had annual revenues of Rs129 crore in FY24. “We believe that this acquisition is an opportunity to expand our portfolio by investing in brands and products that resonate with our company’s portfolio and today’s health-conscious consumers. By leveraging our proven track record of innovation, and comprehensive brand offerings, we are well-positioned to meet and exceed the evolving health and wellness needs of our consumers," Sharvil Patel, Chairman, Zydus Wellness Limited, said.

Subscribe to enjoy similar stories. KKR and Energy Capital Partners have agreed to invest a combined $50 billion in data-center and power-generation projects to support the development of artificial intelligence. The investment is a bet on AI’s huge energy needs and the mounting stress it is putting on the U.S.

Opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the European Union, the U.K. and Canada on individuals and entities supplying aviation fuel and equipment to the army

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fiscal deficit for the first half of this fiscal year through September stood at 4.75 lakh crore rupees, or 29.4% of annual estimates, government data showed today. The fiscal deficit widened from 39.3% reported in the comparable year-earlier period. Total receipts stood at 16.37 lakh crore rupees, while overall expenditure in April to September was at 21.11 lakh crore rupees. They were 51% and 43.8% of this fiscal year's budget target.

Subscribe to enjoy similar stories. Google might be the largest company in the world whose fate seems completely out of its hands these days, but the $2 trillion internet giant still has a few cards it can play. Some of them were on display in the third-quarter report from Alphabet, the parent company, late Tuesday.