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Economy

Euro zone industry did not fall in Oct but recovery not in sight

FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but…

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Economy

Bundesbank cuts Germany growth outlook for 2024 and 2025

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

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Economy

Morning Bid: Wall St near records as central banks end 2024 with rate cuts

A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took…

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Economy

US data has Fed striding toward rate cut next week, and tip-toeing into 2025

By Howard Schneider WASHINGTON (Reuters) – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates…

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Economy

India’s November retail inflation eases, boosts rate cut hopes

By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…

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Economy

Pope Francis calls for new global accords on debt, military spending

By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…

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Economy

Trump crypto venture partners with platform linked to Middle East militants

(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…

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Economy

India’s October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…

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Economy

China vows to issue more debt, cut interest rates next year

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…

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Economy

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…

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