Morning Bid: China gloom vs Wall St vroom
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the trading week on Monday with investors likely to give a big thumbs…
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Brazil’s Supreme Court endorses drought and wildfire spending, without hitting fiscal target
By Marcela Ayres BRASILIA (Reuters) – Brazil’s Supreme Court on Sunday authorized the government to exempt spending on wildfires and droughts in the Amazon (NASDAQ:AMZN) and Pantanal regions from this…
Tap-to-earn gaming surges with 950M Telegram users driving rapid growth
In the fast-evolving world of mobile gaming, a new trend is emerging that is capturing the attention of millions of users worldwide: tap-to-earn (T2E) gaming. By offering players the opportunity…
Israel CPI jumps to 10-month high of 3.6% in August
JERUSALEM (Reuters) – Israel’s inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics showed on Sunday, reducing the likelihood…
Does US suffer from enough imbalances to produce a mild recession?
Investing.com — The U.S. economy, although resilient, is facing several imbalances that are significant enough to trigger a mild recession in the near future. Analysts at BCA Research argue that…
Here’s how Barclays thinks the Fed could react if Trump enacts tariffs plan
Investing.com — Republican presidential candidate Donald Trump’s tariff proposals would dent earnings in S&P 500-listed companies if he should enact them after winning a second term, according to analysts at Barclays.…
Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports
(Reuters) – Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial Times reported on Sunday. Macklem told the newspaper in…
UK firms fear tougher employment regulation, CBI says
By David Milliken LONDON (Reuters) – British businesses are worried that greater protections for employees planned by the newly elected Labour government will make it more risky to hire new…
Is Uber a buy following robotaxi deal with Waymo?
Uber Technologies Inc. (NYSE: UBER) saw its stock jump over 5% on Friday after announcing an expanded partnership with Waymo, the autonomous driving subsidiary of Alphabet Inc. The collaboration will…
Venezuela’s tourism paradox: Rich in resources, but struggling to attract tourists
Venezuela, a country blessed with natural wealth and stunning landscapes, faces a tourism paradox. Despite its abundant resources, the nation struggles to attract international visitors due to severely reduced aviation…