Biden protects 84% of IRA clean energy grants from being clawed back
By Timothy Gardner WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has protected about 84%, or $96.7 billion in clean…
Euro-zone services inflation expected to drop in 2025, Capital Economics says
On Friday, new data confirmed that euro-zone headline inflation experienced a slight increase from 2.2% in November to 2.4% in…
Truist beats quarterly profit estimates on investment banking gains
(Reuters) – Truist Financial (NYSE:TFC) on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and…
UK financial regulator pledges to help government boost growth
LONDON (Reuters) -Britain’s Financial and Conduct Authority (FCA) said on Friday it would collaborate with the government on a new…
Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much
SINGAPORE (Reuters) – Financial markets are betting China will not use the yuan as a policy tool to offset expected…
IMF lifts US outlook, warns countries against protectionism, subsidies
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund on Friday raised its forecast for global growth in 2025…
IMF expects more Bank of Japan interest rate hikes in 2025 and 2026
WASHINGTON (Reuters) – The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in…
IMF says China’s economic growth of 5% in 2024 was ‘positive surprise’
By Andrea Shalal WASHINGTON (Reuters) – China notified the International Monetary Fund on Thursday that its economy grew by 5%…
Factbox-Potential contenders to replace Justin Trudeau as Canadian prime minister
By David Ljunggren (Reuters) – Canada’s ruling Liberal Party is looking for a new leader to replace Prime Minister Justin…
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will cut interest rates by 25 basis points to 3.00%…