AI boom brings fresh risks to US markets, and more money to M&A
Citadel’s risk models show modern markets amplify shocks, volatility spikes hit harder McKinsey estimates $7 trillion needed for…
BoE’s Pill does not expect much shift in rate view given high pay growth
LONDON, Nov 18 (Reuters) – Bank of England Chief Economist Huw Pill said on Tuesday that he did…
POLL Bank Indonesia to hold rates steady at 4.75% on November 19, cut next month
A majority of economists, 24 of 30, expect rates to be on hold at 4.75% on November 19…
As wellness trends go upscale, Nestle’s mass-market vitamins lose some shine
Nestle may face challenges in selling underperforming vitamin brands Mass-market vitamins are falling out of favour Consumers prefer…
US construction spending rebounds in August
WASHINGTON, Nov 17 (Reuters) – U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as…
Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
Swiss machine maker lays off staff after US tariffs Pfiffner already struggling due to car industry woes Weak…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Pension funds reject UK Plc proposal to get savers into local stocks
Pension industry warns against UK investment drive Executives have urged UK finance minister to boost domestic share purchases…
China to step up policy support for private investment in energy sector
Focus on nuclear, hydropower, and cross-regional power transmission projects Private firms can hold up to 20% in major…
OpenAI may not use lyrics without license, German court rules
MUNICH, Nov 11 (Reuters) – A German court on Tuesday sided with the country’s music rights society GEMA…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
Internet platforms cautiously resume lending business expansion Regulatory environment normalising after years-long crackdown Beijing seeks to spur consumer…