Economy

LISBON (Reuters) – European Central Bank policymaker Mario Centeno predicted on Friday further gradual interest rate cuts in the coming quarters to ease what remains a ‘restrictive rate level’ to…

By Kevin Yao, Liz Lee BEIJING (Reuters) -New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world’s second-largest economy as…

(Reuters) – U.S. investors snapped up equity funds for a sixth consecutive week through Dec. 11, spurred by the potential for a Federal Reserve interest rate cut at the upcoming…

In an effort to navigate France’s political stalemate, President Emmanuel Macron has appointed François Bayrou as the country’s new prime minister on Friday. Bayrou, a veteran centrist politician and the…

By Dominique Vidalon and Sudip Kar-Gupta PARIS (Reuters) – French President Emmanuel Macron named Francois Bayrou as his fourth prime minister of 2024 on Friday, charging the veteran centrist with…

(Reuters) – Global equity funds attracted inflows for an 11th successive week through Dec. 11, supported by signs that a cooling U.S. labor market and stable consumer prices might facilitate…

LONDON (Reuters) – Two dozen migrant workers who allege they were subjected to forced labour at a Malaysian factory while making parts for British vacuum cleaner manufacturer Dyson can sue…

FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but data suggested that no recovery was in sight…

The Bundesbank has significantly lowered its growth forecasts for Germany’s economy, projecting a contraction of 0.2% in 2024, a stark revision from the previously anticipated 0.3% growth. The outlook for…

A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took a bit of a breather on Thursday, perhaps…