Economy

NEW DELHI (Reuters) -India might undershoot its capex target of 11.1 trillion rupees ($131.72 billion) for fiscal year 2024-25 by around 5%, a top finance ministry official said on Wednesday.…

By Duncan Miriri NAIROBI (Reuters) -Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 million…

(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of…

(Reuters) – Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across…

SANTIAGO (Reuters) – Tighter external financing conditions could impact Chile’s households, businesses and mortgages, increasing default risks they might face, the central bank said on Wednesday. In its Financial Stability…

(This Nov. 18 story has been corrected to remove reference to increase in payments to the IMF next year in paragraph 25) By Rodrigo Campos NEW YORK (Reuters) – Investors…

By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will trim interest rates next month but make shallower cuts in 2025 than expected just a month ago due to…

PARIS (Reuters) – French far-right leader Marine Le Pen on Wednesday threatened to seek to topple Prime Minister Michel Barnier’s fragile coalition government if her National Rally (RN) party’s cost-of-living…

FRANKFURT (Reuters) – The European Central Bank warned on Wednesday about a “bubble” in stocks related to artificial intelligence (AI), which could burst abruptly if investors’ rosy expectations are not…