China new home prices rises accelerate in November, survey finds
BEIJING(Reuters) – Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a string of policies may be lending support…
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UK business confidence lowest since COVID pandemic, IoD says
By David Milliken LONDON (Reuters) – Britain’s Institute of Directors said on Sunday that optimism among its members had fallen to the lowest since the onset of the COVID-19 pandemic,…
JPMorgan and Tesla settle legal battle over stock warrants: here’s why
Tesla and JPMorgan Chase have resolved a contentious legal battle over stock warrants that dates back to 2014. This lawsuit, which saw allegations and countersuits from both sides, has ended…
Gen Z debt crisis worsens as buy now, pay later services soar
The “buy now, pay later” (BNPL) trend is poised to dominate the holiday shopping season, with spending predicted to rise by 11.4% compared to last year. According to Adobe Analytics,…
The story behind China’s rise to becoming the world’s largest car exporter
China has transformed into the world’s largest car producer and exporter, surpassing traditional automotive powerhouses like Germany and Japan. This remarkable rise has been driven by massive government investment, a…
Gautam Adani responds to US bribery allegations: ‘Negativity spreads faster than facts’
Adani Group founder Gautam Adani broke his silence on Saturday regarding allegations by US authorities linking him and his conglomerate to a $265 million bribery scheme. Addressing the claims for…
Black Friday online spending hits $10.8B, fueled by discounts and mobile shopping
US shoppers spent a record $10.8 billion online this Black Friday, marking a 10.2% year-over-year increase, according to Adobe Analytics. As the official kickoff to the holiday shopping season, Black…
Argentina HIV patients, medics fear impact of Milei’s spending cuts
By Candelaria Grimberg BUENOS AIRES (Reuters) – Argentines living with HIV/AIDS and medics say spending cuts under libertarian President Javier Milei are hurting treatment of the illness and could lead…
SNB chairman says Swiss industry feeling German weakness
By John O’Donnell FRANKFURT (Reuters) – The current weakness in German industry is sapping demand in Switzerland’s manufacturing sector, Swiss National Bank Chairman Martin Schlegel said on Saturday. “When Germany…
Trumponomics 2.0 will be better for US than rest of the world, BofA says
Investing.com — Trump administration’s proposed policy shifts—collectively termed Trumponomics 2.0—will largely benefit the US economy while posing challenges for other global economies, according to Bank of America (BofA). The policy…