Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…
West Balkan power producers should adopt carbon pricing as EU tax looms, campaigners say
SARAJEVO, Oct 30 (Reuters) – Western Balkan countries should work towards introducing their own carbon pricing on electricity…
China’s Xi pushes for global AI body at APEC in counter to US
BEIJING, Nov 1 (Reuters) – Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on…
China factory activity stumbles as export orders dry up
China’s manufacturing PMI remains below growth threshold at 49.0 Non-manufacturing PMI rises to 50.1 from 50.0 in September…
Germany’s economy stagnates in third quarter as exports fall
Germany’s GDP stagnates in Q3 amid declining exports Chancellor Merz’s fiscal measures face delays Employment growth remains weak,…
China’s factory activity expected to fall as demand dwindles: Reuters poll
BEIJING, Oct 29 (Reuters) – China’s factory activity likely shrank for a seventh month in October, underscoring the…
ORACLE says there is real value in AI as demand far outpaces supply
RIYADH, Oct 28 (Reuters) – Oracle(ORCL.N), opens new tab CEO Mike Sicilia said on Tuesday that he is…
Tariffs anxiety prompts US importers to place spring orders early
Item 1 of 2 A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong…
White House says October inflation data unlikely to be released next month
Government shutdown halts inflation data collection Economists worry about impact on economic surveillance Bureau of Labor Statistics unlikely…
US firms grapple with economic divide as lower income struggles mount
Companies catering to low-income consumers face sales, profit challenges Credit markets shaken by bankruptcies of lenders to low-income…
UN shipping agency delays decision on carbon price under US pressure
US and Saudi Arabia strongly oppose carbon price on shipping Trump urged countries to vote no to the…
China to buy Brazil’s deforestation-free beef, says NGO
BRASÍLIA, Oct 21 (Reuters) – A powerful association of Chinese beef importers has committed to buying deforestation-free Brazilian…