Economy

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Vaccine maker Bavarian Nordic (CSE:BAVA) expects the incoming Trump administration to boost biodefence funding despite the nomination of Robert F. Kennedy Jr., a vaccine sceptic,…

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Economy

Sterling heads for worst weekly performance since January

November 15, 2024

By Amanda Cooper LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic data and a surging dollar that…

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Economy

China’s Alibaba misses quarterly revenue estimates

November 15, 2024

(Reuters) -Alibaba Group Holding missed analysts’ estimates for quarterly sales on Friday, as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic business. Chinese…

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Economy

Nigeria inflation rises for second month in October

November 15, 2024

ABUJA (Reuters) – Nigeria’s inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September, data from the statistics agency showed…

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Economy

Futures drop as Powell signals no hurry on rate cuts

November 15, 2024

(Reuters) – U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce interest rates in a hurry, pushing up bond…

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Economy

Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake

November 15, 2024

BERLIN (Reuters) – The leader of Germany’s Social Democratic Party (SPD) sees a “good starting point” for reforming the nation’s spending cap, known as the debt brake, and said that…

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Economy

US protectionism would be extremely harmful to US and Europe, says EU Commission

November 15, 2024

BRUSSELS (Reuters) – Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European Economic Commissioner Paolo Gentiloni said on Friday. U.S.…

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Economy

EU Commission sees euro zone economy picking up, but notes rising risks to global trade

November 15, 2024

BRUSSELS (Reuters) – Euro zone economic growth will pick up in 2025 and 2026 and inflation will continue to slow, the European Commission forecast on Friday, but noted risks to…

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Economy

Sri Lanka president gets resounding mandate to drive forward recovery

November 15, 2024

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan President Anura Kumara Dissanayake’s sweeping coalition election win this week underlined widening support for his leftist policies, but he faces the test…

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Economy

Europe’s STOXX 600 falls as tech, healthcare shares drag

November 15, 2024

By Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell on Friday, dragged by technology and healthcare stocks, keeping the index on track for its fourth successive weekly drop. The pan-European STOXX…

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Popular Topics

US expected to increase biodefence spending under Trump, says vaccine maker Bavarian Nordic

Sterling heads for worst weekly performance since January

China’s Alibaba misses quarterly revenue estimates

Nigeria inflation rises for second month in October

Futures drop as Powell signals no hurry on rate cuts

Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake

US protectionism would be extremely harmful to US and Europe, says EU Commission

EU Commission sees euro zone economy picking up, but notes rising risks to global trade

Sri Lanka president gets resounding mandate to drive forward recovery

Europe’s STOXX 600 falls as tech, healthcare shares drag