World Bank says 26 poorest countries in worst financial shape since 2006
By David Lawder WASHINGTON (Reuters) – The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and…
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Biden surveys Milton storm damage in twice-hit Florida
By Trevor Hunnicutt TAMPA (Reuters) -U.S. President Joe Biden arrived in Florida on Sunday to survey damage from Hurricane Milton, the second storm to hit the low-lying state in recent…
German SPD lays out campaign for industry growth, job protection, tax breaks
FRANKFURT (Reuters) – Germany’s Social Democrats (SPD), led by Chancellor Olaf Scholz, presented on Sunday an agenda for tax breaks and investment support in a bid to preserve jobs in…
Indonesia’s Prabowo considers corporate tax cut, report says
JAKARTA (Reuters) – Indonesia’s incoming president, Prabowo Subianto, will review the possibility of cutting the corporate income tax to 20% from 22%, CNBC Indonesia reported on Sunday, citing an adviser.…
Five scenarios that could shape global markets in 2025/26 – UBS
Investing.com – UBS has modelled five scenarios that could shape the investing outlook for 2025/2026, as it publishes its Global Market Outlook. The first scenario sees former President Donald Trump…
Top 5 things to watch in markets in the week ahead
Investing.com — Earnings results and U.S. retail sales numbers will be closely watched in the week ahead for indications on the strength of the economy and what that could mean…
FAA approves SpaceX Starship 5 flight set for Sunday
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration approved a license on Saturday for the launch of SpaceX’s Starship 5 set for Sunday after earlier saying it did not…
Exclusive-Maldives picks Centerview as debt adviser amid financing crunch
By Karin Strohecker LONDON (Reuters) – The Maldives has chosen U.S.-headquartered Centerview Partners to be its adviser on debt matters as the country battles to stave off a financial crisis,…
Indonesia asks Apple, Google to block China’s Temu to protect small merchants
JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in the country so it cannot be…
China’s deflationary pressures build in Sept, consumer inflation cools
BEIJING (Reuters) -China’s consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive flagging demand and…