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…
Hong Kong’s New World Development to reduce $1.3 billion of its debt after early bond swap
HONG KONG, Nov 18 (Reuters) – Embattled New World Development (0017.HK), opens new tab said on Tuesday it…
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…
Italy’s light touch on inheritance tax comes at a cost, economists say
Italy’s inheritance tax far below that of main partners Higher revenue could be used to help growth, analysts…
US construction spending rebounds in August
WASHINGTON, Nov 17 (Reuters) – U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as…
UK’s commitment to fiscal rules crucial for credit rating, Fitch says
LONDON, Nov 14 (Reuters) – The UK government’s commitment to its own fiscal rules to balance the budget…
Senegal will pay debts, committed to IMF talks, says finance ministry
Debt concerns rise in sub-Saharan Africa Political tensions could complicate Senegal’s IMF negotiations Senegal’s debt-to-GDP ratio surpasses 130%…
S&P upgrades South Africa for first time in nearly 20 years as reforms gain traction
Nov 14 (Reuters) – South Africa on Friday secured its first credit rating upgrade in nearly 20 years…
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…
Clash over healthcare subsidies threatens to reshape 2026 midterms
BECKLEY, West Virginia, Nov 14 (Reuters) – For Larry Jackson, a Donald Trump-backing Republican hoping to unseat his…