Editor’s Pick

TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers. Revenue…

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ECB’s Holzmann: inflation not yet defeated

October 7, 2024

BERLIN (Reuters) – The European Central Bank should proceed with caution on further interest rate cuts given inflation had not yet been overcome, Austrian central bank Governor Robert Holzmann told…

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Fed welcomes strong jobs data as focus is now on employment: Kashkari

October 7, 2024

Investing.com — Minneapolis Fed President Neel Kashkari suggested Monday that the Fed welcomed the strong September jobs report, underscored the strength economy, which the central bank hopes will continue as its…

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US House panel probes FCC decision to deny Starlink nearly $900 million

October 7, 2024

WASHINGTON (Reuters) – A U.S. House committee said on Monday it is investigating the Federal Communications Commission’s decision to deny SpaceX satellite internet unit Starlink $885.5 million in rural broadband…

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Strong September jobs an outlier as labor demand worries persist: Citi

October 7, 2024

Investing.com — The strong September jobs report caught many by surprise, putting the brakes on bets for another jumbo Federal Reserve rate cut, but Citi believes this strength was an…

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Euro zone ministers to detail joint plan on capital markets, productivity

October 7, 2024

By Jan Strupczewski LUXEMBOURG (Reuters) – Euro zone finance ministers will announce next month what they want to do to boost the EU’s competitive position against China and the United…

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Milton strengthens to category 5 hurricane, US NHC says

October 7, 2024

(Reuters) – Milton has rapidly intensified into a category 5 hurricane, the U.S. National Hurricane Center said on Monday. Milton is located about 735 miles (1175 km) southwest of Tampa,…

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Trump’s tax, spending plans would add twice as much debt as Harris’, budget group says

October 7, 2024

By David Lawder WASHINGTON (Reuters) – Republican presidential candidate Donald Trump’s tax and spending plans would produce more than twice as much new debt as the plans from Vice President…

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Mexico inflation rate seen slowing again in September: Reuters poll

October 7, 2024

MEXICO CITY (Reuters) – Mexico’s annual inflation rate likely fell again in September, a Reuters poll of analysts showed on Monday, raising expectations that the central bank will continue cutting…

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Bank of Italy sees govt’s 1% 2024 GDP target hard to reach

October 7, 2024

By Giuseppe Fonte ROME (Reuters) – The Italian government’s 1% economic growth target for this year will be more difficult to reach after downward revisions made last week by national…

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Popular Topics

Foxconn beats estimates with record third-quarter revenue on AI demand

ECB’s Holzmann: inflation not yet defeated

Fed welcomes strong jobs data as focus is now on employment: Kashkari

US House panel probes FCC decision to deny Starlink nearly $900 million

Strong September jobs an outlier as labor demand worries persist: Citi

Euro zone ministers to detail joint plan on capital markets, productivity

Milton strengthens to category 5 hurricane, US NHC says

Trump’s tax, spending plans would add twice as much debt as Harris’, budget group says

Mexico inflation rate seen slowing again in September: Reuters poll

Bank of Italy sees govt’s 1% 2024 GDP target hard to reach