India's October industrial output at 3-month high of 3.5% y/y
NEW DELHI (Reuters) -India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during...
Pope Francis calls for new global accords on debt, military spending
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by low-income countries and a shift in...
Germany to grow between 0.4% and 1.1% in 2025, Ifo Institute says
By Maria Martinez BERLIN (Reuters) - Germany will grow by only 0.4% next year if it fails to overcome structural challenges but can achieve 1.1% growth if the right economic...
SNB slashes interest rate by 50 basis points
The Swiss National Bank (SNB) executed its largest interest rate cut in nearly a decade on Thursday. The central bank's decision to reduce its policy rate by 50 basis points, from...
China's Nio, behind on growth targets, aims to tighten cost control
SHANGHAI (Reuters) -Chinese electric vehicle (EV) maker Nio (NYSE:NIO) will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind...
ECB decision, Adobe, Bitcoin - what's moving markets
-- Wall Street is seen trading slightly lower Thursday, with disappointing sales guidance from software giant Adobe weighing on sentiment. Bitcoin has climbed above...
China open to talks with Trump's economic, trade team, commerce ministry says
BEIJING (Reuters) - China is open to engaging and communicating with the economic and trade team of the Trump administration, the commerce ministry said on Thursday.
BOJ likely to keep rates steady in Dec, eyes wage trend for future moves - Reuters
-- The Bank of Japan (BOJ) is leaning toward maintaining its current interest rates at next week's policy meeting, as officials seek more time to evaluate global risks...
UK to mostly avoid tariff trouble with the U.S., say economists: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) - U.S. President-elect Donald Trump will impose a tariff of less than 10% on UK imports next year or none at all, which will have an...
China to expand private pension scheme nationwide from Dec 15
BEIJING (Reuters) - China said on Thursday it would expand a private pension scheme nationwide from December 15, following a pilot effort, as it moves to plug a pension gap in...