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US protectionism would be extremely harmful to US and Europe, says EU Commission
Posted inEconomy

US protectionism would be extremely harmful to US and Europe, says EU Commission

BRUSSELS (Reuters) – Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European Economic Commissioner Paolo Gentiloni said on Friday. U.S.…
Posted by November 15, 2024
Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake
Posted inEconomy

Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake

BERLIN (Reuters) – The leader of Germany’s Social Democratic Party (SPD) sees a “good starting point” for reforming the nation’s spending cap, known as the debt brake, and said that…
Posted by November 15, 2024
Unbelievable chart that perfectly shows US stock market dominance
Posted inStock

Unbelievable chart that perfectly shows US stock market dominance

Investing.com — US equity funds recorded their largest weekly inflows since March, receiving $55.8 billion in the period through Nov. 13, according to Bank of America, citing EPFR Global data.…
Posted by November 15, 2024
FTC’s Holyoak concerned AI collecting children’s data
Posted inStock

FTC’s Holyoak concerned AI collecting children’s data

By Jody Godoy WASHINGTON (Reuters) – U.S. Federal Trade Commissioner Melissa Holyoak said on Thursday the agency should look into how artificial-intelligence products use the data they gather from younger…
Posted by November 15, 2024
Applied Materials shares down on guidance miss, uncertainty around 2025
Posted inStock

Applied Materials shares down on guidance miss, uncertainty around 2025

nvesting.com — Applied Materials (NASDAQ:AMAT) reported fiscal fourth-quarter results that beat Wall Street estimates, but the memory chip maker’s revenue guidance for the current quarter fell short of estimates. Applied…
Posted by November 15, 2024
Indonesia stocks lower at close of trade; IDX Composite Index down 0.78%
Posted inStock

Indonesia stocks lower at close of trade; IDX Composite Index down 0.78%

Investing.com – Indonesia stocks were lower after the close on Friday, as losses in the Financials, Infrastructure and Agriculture sectors led shares lower. At the close in Jakarta, the IDX…
Posted by November 15, 2024
Sri Lanka president gets resounding mandate to drive forward recovery
Posted inEconomy

Sri Lanka president gets resounding mandate to drive forward recovery

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan President Anura Kumara Dissanayake’s sweeping coalition election win this week underlined widening support for his leftist policies, but he faces the test…
Posted by November 15, 2024
EU Commission sees euro zone economy picking up, but notes rising risks to global trade
Posted inEconomy

EU Commission sees euro zone economy picking up, but notes rising risks to global trade

BRUSSELS (Reuters) – Euro zone economic growth will pick up in 2025 and 2026 and inflation will continue to slow, the European Commission forecast on Friday, but noted risks to…
Posted by November 15, 2024
Analysis-Investors circle the Trump trade’s global market victims
Posted inEconomy

Analysis-Investors circle the Trump trade’s global market victims

By Naomi Rovnick LONDON (Reuters) – Big global investors are exiting popular trades that bet on U.S. President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage…
Posted by November 15, 2024
Europe’s STOXX 600 falls as tech, healthcare shares drag
Posted inEconomy

Europe’s STOXX 600 falls as tech, healthcare shares drag

By Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell on Friday, dragged by technology and healthcare stocks, keeping the index on track for its fourth successive weekly drop. The pan-European STOXX…
Posted by November 15, 2024

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