Bank of Canada set to cut rates as jobs data, trade hit economy
The Bank of Canada is expected to lower its overnight rate by 25 basis points at its upcoming policy meeting,…
Europe bulletin: UK growth flatlines, India-EU trade deal, Ocado shares slump
A stagnant UK economy, renewed urgency in India’s trade negotiations with the European Union, a delay in EU climate policy…
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…
Ghana agrees to receive US deportees as regional migration deal expands
Ghana has agreed to accept deportees from the US, joining a list of African nations cooperating with Washington’s strategy of…
ECB holds rates steady, says Inflation under control despite US tariffs
The European Central Bank (ECB) left borrowing costs unchanged for a second straight meeting on Thursday, saying inflation is contained…
US inflation rises 2.9% in August, Fed faces tightrope ahead of rate decision
US inflation climbed more than anticipated in August while jobless claims rose, presenting the Federal Reserve with mixed signals ahead…
IMF warns Ukraine’s funding needs may rise by $20 billion in 2026-2027
Ukraine’s budget outlook for the coming years is under scrutiny after the International Monetary Fund (IMF) estimated that the country’s…
US jobless claims surge to pandemic-era levels, fueling Fed rate-cut speculation
US job market delivered an unwelcome surprise this week, as jobless claims spiked to levels not seen since the depths…
China’s trillion-dollar plan to clean up local government arrears: what it means for its economy
China is preparing a massive, multiyear bailout to resolve more than $1 trillion in unpaid bills tied to local governments,…
Charlie Kirk to be posthumously awarded US highest civilian honor, Trump announces
US President Donald Trump announced he will posthumously award Charlie Kirk the Presidential Medal of Freedom, the highest civilian honor…