Australia’s household spending surges, lifting rate hike bets
Strong spending data bodes well for Q4 GDP Shoppers lured by year-end sales events, discretionary spending jumps Swaps…
Multilateralism works even as US, fossil fuel industry oppose climate action, UN chief says
COP30 summit outcome disappointing but shows multilateralism works, Guterres says Guterres concerned about missing 1.5 C temperature goal,…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
AI companies’ safety practices fail to meet global standards, study shows
Item 1 of 2 Open AI and Anthropic logos are seen in this illustration taken on September 12,…
‘Mischievous hands’: Indonesians blame deforestation for devastating floods
More than 700 die in Sumatra, site of mass deforestation Leaders criticise government for ignoring deforestation protests Environmental…
UK set for faster growth in 2026, slower inflation, OECD forecasts
UK growth revised up to 1.2% in 2026, rising to 1.3% in 2027 Inflation forecast to slow from…
Data supports current US policy of hepatitis B vaccine for newborns, as officials push for change
CHICAGO, Dec 2 (Reuters) – An independent review released on Tuesday by vaccine experts of more than 400…
Tariffs, AI boom could test global growth’s resilience, OECD says
Global growth seen at 3.2% in 2025, easing to 2.9% in 2026 US growth revised up to 2%…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…
Health insurers rise on report Trump considering ACA subsidy extension
Nov 24 (Reuters) – Shares of U.S. health insurers jumped on Monday following a media report the White…
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…