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Economy

Factbox-Reactions to the first expanded BRICS summit

(Reuters) – Russia this week hosted the first summit of the newly expanded BRICS club of emerging economies, with leaders agreeing a…

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Economy

Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost

By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…

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Economy

Boeing CEO presses turnaround as loss balloons to $6 billion

(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…

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Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…

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Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…

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Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…

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Economy

Strategas explains why this is ‘the most investable election of our lifetimes’

Investing.com — With just two weeks remaining before the U.S. election, analysts at Strategas have dubbed it “the most investable election of our…

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Economy

Factbox-Brokerages raise China GDP growth estimates for 2024

(Reuters) – China’s economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace…

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Economy

Bank of Israel voted 5-0 to hold rates at October decision, minutes show

JERUSALEM (Reuters) – All five members of the Bank of Israel’s monetary policy committee voted on Oct. 9 to leave the benchmark…

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Economy

UK commits to regulator’s proposals to improve housebuilding

LONDON (Reuters) – Britain’s new Labour government said on Tuesday it had accepted proposals from the country’s competition watchdog to improve the…

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