South Africa’s Eskom sees annual profit matching last year’s after strong first half
JOHANNESBURG, Nov 28 (Reuters) – South African state power utility Eskom said on Friday that it expected this…
Euro zone growth, inflation on benign path, keeping rate cut bets muted
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations…
UK housing demand seen recovering on clearer post-budget outlook
Budget clarity seen removing key obstacle for buyers Analysts see pent-up demand lifting spring sales HBF warns UK…
Bank of Mexico cuts growth forecast as inflation optimism is questioned
Banxico cuts GDP growth forecast to 0.3% for 2025 Deputy governor has questioned credibility of inflation forecasts Analysts’…
US weekly jobless claims at seven-month low amid low layoffs
Weekly jobless claims drop 6,000 to 216,000 Continuing claims increase 7,000 to 1.960 million Core capital goods orders,…
Morning Bid: Giving thanks for bad economic news
Nov 26 – What matters in U.S. and global markets today Weaker-than-expected U.S. economic data has upped bets…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
Nigeria’s central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27% Economists had predicted another rate cut Analysts say lower deposit rate signals…
Russia’s car market faces bleak 2026 as scrappage fees drive prices up
Item 1 of 2 Cars are stuck in traffic near the Kremlin Wall and the State Historical Museum…
Mexico’s persistent core inflation fuels annual price rises in early November
MEXICO CITY, Nov 24 (Reuters) – Mexico’s annual inflation rate stood above expectations at 3.61% in the first…
Early signs for Japan 2026 wages bolster case for near-term BOJ rate hike
Item 1 of 2 A worker washes hotel windows at a shopping district in Tokyo, Japan, February 15,…
No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
Bessent says inflation due to services economy, not tariffs Treasury secretary says Republicans should end filibuster in event…