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In Davos, Scholz requires 'cool heads', cautious optimism in face of Trump
In Davos, Scholz requires ‘cool heads’, cautious optimism in face of Trump
Category Economy
Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
Charles Schwab’s fourth-quarter revenue soars on larger asset administration charges
(Reuters) – Brokerage agency Charles Schwab (NYSE:SCHW) stated on Tuesday that its revenue rose 44% within the fourth quarter pushed by a leap in asset administration charges, sending its shares up greater than 6% in premarket buying and selling. WHY…
Capital Economics flags US present account deficit dangers
On Tuesday, Capital Economics highlighted the rising vulnerabilities within the US economic system, particularly pointing to the dual deficits—the Federal price range deficit and the present account deficit. The present account deficit, which has expanded to $310.9 billion or 4.2%…
Canada’s annual inflation charge drops to 1.8% in December on gross sales tax aid
By Promit Mukherjee OTTAWA (Reuters) -Canada’s annual inflation charge slowed in December, knowledge confirmed on Tuesday, helped by a gross sales tax break which kicked off in the midst of the month and introduced down costs of alcohol, restaurant meals…
Britain to introduce digital driving licences this yr
LONDON (Reuters) – Britain will introduce digital driving licences later this yr in a push to make use of information to remodel public providers, the federal government mentioned on Tuesday. The licence shall be held in a brand new GOV.UK…
Trump halt on offshore wind energy leases hits European firms
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European wind energy firms fell on Tuesday after U.S. President Donald Trump suspended offshore leasing for wind on his first day in workplace, including to ache in an trade that had turned to…
Harvard settles lawsuits over antisemitism on campus
By Jonathan Stempel (Reuters) -Harvard College will present further protections for Jewish college students underneath a settlement introduced on Tuesday that resolves two lawsuits accusing the Ivy League college of changing into a hotbed of rampant antisemitism. Harvard mentioned it’ll…
After two years of easy crusing, Fed able to navigate rocky bond market, Trump uncertainty
After two years of easy crusing, Fed able to navigate rocky bond market, Trump uncertainty
Wall Avenue advances with concentrate on new US administration’s commerce coverage
By Sinéad Carew and Johann M Cherian (Reuters) -Wall Avenue’s predominant indexes closed larger on Tuesday, with the S&P 500 and the Dow hitting their highest in additional than a month, as traders assessed Donald Trump’s first actions as U.S.…
Germany’s Scholz responds to Musk, saying freedom of speech should not again extreme-right
DAVOS, Switzerland (Reuters) – German Chancellor Olaf Scholz stated on Tuesday he doesn’t assist freedom of speech when it’s used for extreme-right views, a day after a hand gesture by U.S. billionaire Elon Musk brought on uproar throughout Donald Trump’s…
