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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Lucia Mutikani WASHINGTON (Reuters) -The variety of People submitting new functions for unemployment advantages rose marginally final week, suggesting no deterioration in labor market circumstances and reinforcing expectations that the Federal Reserve wouldn’t lower rates of interest subsequent week.…
PARIS (Reuters) – French sports activities officers walked out of a speech by new minister Marie Barsacq over a deliberate 33% finances lower for his or her sector only a few months after a memorable Paris Olympics. Earlier this month,…
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – German opposition chief Friedrich Merz, tipped to develop into the subsequent chancellor, mentioned on Thursday he wished to win again the misplaced belief of key allies and guarantee Berlin is extra…
(Reuters) -Copper miner Freeport-McMoRan (NYSE:FCX) posted a drop in fourth-quarter manufacturing on Thursday and mentioned that its prices would rise greater than anticipated this 12 months, sending the corporate’s shares down greater than 4%. Whereas the Phoenix-based firm was in…
By Padraic Halpin, Conor Humphries DUBLIN (Reuters) -Eire’s Micheál Martin was elected prime minister for the second time by a coalition of the nation’s two massive centre-right events and independents on Thursday, and set himself the duty of avoiding threats…
DAKAR (Reuters) – The U.S. plan to withdraw from the World Well being Group will squeeze Africa’s well being initiatives, the Africa Centres for Illness Management and Prevention stated on Thursday, calling on African international locations to seek out various…
By Brad Haynes DAVOS, Switzerland (Reuters) – Nigeria must double financial progress inside the subsequent yr or two from an annualized price of three.5% within the third quarter to elevate its inhabitants out of poverty, its finance minister instructed Reuters…
WASHINGTON (Reuters) – The U.S. Senate might vote to verify Republican President Donald Trump’s nominee for treasury secretary, Scott Bessent, this weekend, Majority Chief John Thune stated on Thursday. The Senate Finance Committee accredited Bessent by a 16-11 vote on…
By Marc Jones LONDON (Reuters) – Rising markets might be seeing a dreaded “sudden cease” of capital flows as President Donald Trump’s ‘America First’ insurance policies pump up the U.S. economic system and suck cash away from poorer nations, funding…
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve has scrubbed a “Range and Inclusion” part from its web site, with earlier hyperlinks to a press release of the U.S. central financial institution’s range requirements and knowledge on the racial,…