Economy

(Reuters) – Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it expected 2025 to remain challenging, according…

BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become chancellor in next month’s election, said on Tuesday U.S. President Donald Trump could prove an interesting partner for Europe…

By Stine Jacobsen COPENHAGEN (Reuters) – European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in office,…

By Jonathan Stempel (Reuters) -Harvard University will provide additional protections for Jewish students under a settlement announced on Tuesday that resolves two lawsuits accusing the Ivy League school of becoming…

By Carey L Biron WASHINGTON( Thomson Reuters (NYSE:TRI) Foundation) -The devastation of the Los Angeles wildfires has resonated far beyond Southern California, as local officials and residents across the United…

By Marcela Ayres BRASILIA (Reuters) – Economists have launched a fresh wave of upward revisions to projections for Brazil’s interest rate this year, citing deteriorating inflation expectations, a weaker currency…

By Nell Mackenzie LONDON (Reuters) – Hedge funds positioned for Donald Trump’s U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise,…

DAVOS, Switzerland (Reuters) – German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand…

By Julie Zhu and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone (NYSE:BX) CEO Steve Schwarzman, Bridgewater Associates…

(Reuters) – The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump’s Treasury secretary on to the…