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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Abhinav Parmar (Reuters) -U.S. homebuilder D.R. Horton topped analysts’ estimates for first-quarter outcomes on Tuesday, helped by incentives and favorable housing demand. Shares of the corporate, which rose greater than 5% earlier than the bell, pared features and had…
DAVOS, Switzerland (Reuters) – China is just not in search of a commerce surplus and is prepared to import extra aggressive and high-quality services and products to steadiness commerce, Ding Xuexiang, the nation’s vice premier, stated on Tuesday. Addressing the…
(Reuters) – Fifth Third Bancorp (NASDAQ:FITB) reported an increase in fourth-quarter revenue on Tuesday, pushed by a restoration in dealmaking throughout the trade and better wealth and asset administration charges. Shares of the lender have been up 1.5% in premarket…
In Davos, Scholz requires ‘cool heads’, cautious optimism in face of Trump
(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…
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%…
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…
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…
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…
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…
