Economy

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is likely to cut its key policy rate by 50 basis points on Wednesday, as a slew of recent data…

Investing.com — “It’s the economy, stupid.” Political consultant Jim Carville’s famed quip from 1992 continues to ring true in U.S. presidential elections, and the 2024 race is certainly no exception.…

BERLIN (Reuters) – German Economy Minister Robert Habeck wants to remedy weak growth in Europe’s largest economy with a debt-financed investment fund and change course on its budget policy, according…

By Uditha Jayasinghe COLOMBO (Reuters) -The Maldives has “phased out” a brief engagement with U.S. firm Centerview Partners on debt matters and the island nation will now focus on managing…

Investing.com — US stock futures were broadly muted on Wednesday ahead of a raft of fresh quarterly earnings reports, including numbers from electric carmaker Tesla (NASDAQ:TSLA). Texas Instruments (NASDAQ:TXN) reports stronger-than-anticipated…

By Gergely Szakacs and Karol Badohal WARSAW (Reuters) – Poland’s NATO-leading surge in defence spending is raising budget concerns because it will bake in higher long-term expenditure on its military…

By Nelson Acosta HAVANA (Reuters) – Cuba made fast progress restoring power to swaths of the Caribbean island nation on Tuesday, both in Havana and outlying provinces, even as emergency…

By Anastasia Lyrchikova, Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – A growing chorus of Russian industrial companies and lobby groups are complaining of prohibitively high interest rates and warning…

By Gwladys Fouche OSLO (Reuters) -European companies that deal closely with China would be most negatively affected by a Republican victory at the upcoming U.S. election given Donald Trump has…