US CPI comes in below forecasts, boosting hopes of faster Federal Reserve rate cuts
Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures…
US initial jobless claims drop by 13,000 to 224,000, signaling low layoffs
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development…
Russia warns US against ‘fatal mistake’ as Venezuela shipping tensions rise
Russia’s Foreign Ministry said on Thursday that it hoped the administration of US President Donald Trump would not make a…
Commodity wrap: gold steady on rate cut hopes, oil rises on sanction fears
Gold prices pared losses from earlier in the day as softer-than-expected US inflation data raised hopes of Federal Reserve rate…
SovEcon lifts Russia’s 2025 wheat forecast to 88.8 MMT, flags drop next year
Citing stronger-than-expected yields in Siberia, agricultural consultancy SovEcon has revised its 2025 Russian wheat production forecast upwards. The agricultural consultancy…
Europe bulletin: ECB holds rates steady, Aena expands UK airports, Austria court rules against Meta
European markets wrapped up Thursday with policymakers, regulators, and dealmakers all in focus. The ECB opted for stability as growth…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Germany’s fragile recovery tested as business expectations weaken
German business sentiment is set to end the year on a softer note, highlighting how difficult it remains for Europe’s…
Why China’s traditional growth model is breaking down
For most of the past two decades, China’s economy could solve slow growth by pulling one of three levers. It…
Supply fears push lithium futures to highest price since June 2024
Lithium prices in China experienced a sharp increase on Wednesday following a significant regulatory action by the natural resource authority…