Unlike 2022, central banks to diverge if energy shock deepens
ORLANDO, Florida, March 31 (Reuters) – The last time the world faced a sudden surge in inflationary pressures…
Nokia chair to step down, AI push supports Q4 profit
Jan 29 (Reuters) – Finland’s Nokia (NOKIA.HE), opens new tab said on Thursday that longtime chair Sari Baldauf…
US consumer confidence dives to a more than 11-1/2-year low
Consumer confidence sags to lowest level in more than 11-1/2 years Consumers’ perceptions of the labor market weakened…
America Inc’s productivity boom may be going global
ORLANDO, Florida, Jan 26 (Reuters) – The rumblings of a productivity boom are reverberating through the U.S. economy…
US business activity steady in January; consumer sentiment improves
Import tariffs cited by S&P Global as key driver of high prices S&P Global survey shows exports hit…
UK businesses report post-budget bounce
UK composite PMI rises to highest since April 2024 Services leads upturn but manufacturing grows too Data adds…
Intel struggles to meet AI data center demand, shares drop 13%
CEO Tan focuses on cost-cutting and new product road map Intel’s new manufacturing tech faces yield challenges, affecting…
China’s Africa lending nearly halved in 2024, shifts to yuan
Six African projects funded in 2024, including in Kenya and Egypt Yuan loans replace dollar in China’s Africa…
Weekly US jobless claims fall unexpectedly, but labor market treading water
Weekly jobless claims drop 9,000 to 198,000 Continuing claims decrease 19,000 to 1.884 million WASHINGTON, Jan 15 (Reuters)…
Exclusive: US FDA delays two drug reviews in new voucher program after safety, efficacy concerns
Reviews of Sanofi’s diabetes drug Tzield and Disc Medicine’s blood-disorder medicine bitopertin stalled Tzield pushed back after adverse…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in November Core retail sales advance 0.4% Producer prices rise 0.2% in November after…
US consumer inflation increases steadily, but households paying more for food and rents
Consumer Price Index increases 0.3% in December Food, rents were the main drivers of consumer inflation Underlying inflation…