Ford to cut 4,000 European jobs, including 800 in the UK
Ford Motor Company has unveiled plans to slash 3,800 jobs across Europe by the end of 2027, as it grapples with the challenges of electrification and increasing competition from Chinese…
Trump taps former acting AG Matthew Whitaker as NATO ambassador
President-elect Trump on Wednesday tapped former Acting Attorney General Matthew Whitaker to become U.S. ambassador to the North Atlantic Treaty Organization (NATO) in his new administration. Trump described Whitaker, who…
Zelenskyy answers whether he’s willing to cede Crimea, other territory in peace deal
Ukrainian President Volodymyr Zelenskyy told Fox News that his country ‘cannot legally acknowledge any occupied territory of Ukraine as Russian,’ when asked if he was willing to cede land as…
Sprint to confirm Trump nominees kicks off in January
How many? And how fast? That’s the question for the Senate in early January as it will sprint to confirm as many of President-elect Donald Trump’s nominees as possible. Senators…
UK inflation could undershoot forecasts, requiring faster rate cuts, BoE’s Ramsden says
By David Milliken LONDON (Reuters) -British inflation is at least as likely to undershoot the Bank of England’s latest forecasts as it is to match them, potentially requiring faster rate…
Fed’s Bowman cautious on further rate cuts as end point for cuts could be closer
Investing.com — Federal Reserve governor Michelle Bowman on Wednesday backed a cautious approach to further rate cuts amid expectations the neutral level or end point for rate cuts may be…
Fed’s Bowman calls for cautious approach on interest rates
(Reuters) – Federal Reserve Governor Michelle Bowman, among the U.S. central bank’s most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting that…
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to favor stocks and some other risk assets, while seeking…
Russian inflation jumps 0.37% in latest week
MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy…
LVMH brands can choose to forge deals with Paris FC soccer club or not, Arnault family says
PARIS (Reuters) – The Arnault family holding will not pressure LVMH brands into forging partnerships with Paris FC once it acquires a controlling stake in the French capital’s soccer club,…