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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
OTTAWA, Nov 29 (Reuters) – Canada’s finances deficit for the primary six months of the 2024-25 fiscal 12 months jumped by greater than a half to C$13.01 billion ($9.28 billion) as program bills and debt fee prices rose quicker than…
By Fergal Smith (Reuters) -Canada’s essential inventory index prolonged its November good points on Friday, transferring to a brand new document excessive, with expertise and industrial shares rising as traders welcomed higher readability concerning the financial outlook following the end…
BERLIN (Reuters) -Volkswagen, below stress from excessive prices and Chinese language competitors, rejected union proposals for price financial savings on Friday, simply days forward of deliberate walkouts meant to keep away from unprecedented plant closures. “Though there may be constructive…
By Joao Manuel Vicente Mauricio, Ankika Biswas and Pranav Kashyap (Reuters) -Europe’s STOXX 600 ended the week on a excessive observe, bolstered by a rally in tech shares, whereas buyers analysed the euro zone inflation report back to assess the…
BoC will ‘doubtless’ lower charges by 50bps amid ‘below-potential GDP development’: Citi
Financial institution of Japan says inflation knowledge key in deciding price hikes, Nikkei studies
S&P 500, Dow shut at report highs on tech, retail in focus
By Marcela Ayres SAO PAULO/BRASILIA (Reuters) -Brazil’s forex rebounded on Friday from report lows after congressional leaders stated they’d put the brakes on authorities revenue tax reform, and the finance minister pressured that fiscal dedication goes past a brand new…
By Alden Bentley and Naomi Rovnick NEW YORK/LONDON (Reuters) -International inventory markets rallied on Friday, with Wall Road crowning November with its greatest month-to-month achieve in a 12 months on post-election progress hopes, whereas the greenback eased amid prospects for…
By Karen Brettell and Harry Robertson NEW YORK (Reuters) -The yen jumped to a six-week excessive towards the greenback on Friday after faster-than-expected inflation in Tokyo supported bets for a Financial institution of Japan rate of interest hike subsequent month.…