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…
Switzerland wins US tariff rate cut to 15%, pledges $200 billion in US investments
Swiss government says US tariff rate to fall to 15% from 39% US trade chief Greer says Switzerland…
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:…
Japan’s wholesale prices rise more than expected on sticky food inflation
TOKYO, Nov 13 (Reuters) – Japan’s wholesale prices rose more than expected in October as the cost of…
US urges Europe to stick to oil and gas, not renewables
US companies secure deals to supply and drill for gas in Europe US energy secretary criticises global investment…
Health insurers slide as US reaches government shutdown deal without extending subsidies
Nov 10 (Reuters) – Shares of health insurers fell about 2% to 10% in early trading on Monday…
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…
China’s factory-gate deflation eases in October, consumer prices rise
October consumer prices rise 0.2% from a year earlier Producer price index extends three-year drop but moderates Authorities…
US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
WASHINGTON, Nov 9 (Reuters) – U.S. economic growth in the fourth quarter could be negative if a federal…
Dollar weakens amid soft labor US data
Item 1 of 2 Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…