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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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Economy

Nasdaq hits 20,000 for first time as AI rally rages on

(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…

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Economy

Health care execs seek to better understand patient outrage after UnitedHealthcare killing

NEW YORK (Reuters) – Health care companies are taking a step back to better understand patients’ experiences after a powerful U.S. health…

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Economy

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from…

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Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…

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Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…

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Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…

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Economy

G7 leaders agree to deliver $50 billion in loans to Ukraine as soon as December

By Angelo Amante and David Lawder ROME/WASHINGTON (Reuters) – Leaders of the Group of Seven wealthy democracies on Friday reached consensus on…

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Economy

US approves $2 billion arms sale to Taiwan including Ukraine tested missile system

By Mike Stone and Ben Blanchard WASHINGTON/TAIPEI (Reuters) -The United States has approved a potential $2 billion arms sale package to Taiwan,…

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Economy

China expresses concern over tariffs, sanctions in US meeting

HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working…

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