European Commission favours more EU funds for electric vehicles sector
BRUSSELS (Reuters) - The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle...
California governor proposes $25 million war chest for legal fights with Trump
By Judith Langowski (Reuters) - California’s Democratic Governor Gavin Newsom on Monday announced he is seeking up to $25 million in additional funding for legal fights with the...
Developing countries' record $1.4 trillion debt service bill squeezes budgets
By David Lawder WASHINGTON (Reuters) - The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as interest costs...
US watchdog proposes limits on 'data brokers' sale of personal info
By Douglas Gillison (Reuters) - The sale of Americans' private information by "data brokers" to scammers, foreign adversaries, abusive domestic partners and other unscrupulous...
ECB's Panetta calls for EU 'productivity compact' to close gap with U.S
By Giuseppe Fonte ROME (Reuters) - The European Union needs to set up a common spending programme to fund strategic investments that are indispensable to boost productivity and...
Trump's trade threat runs into inconvenient dollar truth: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -President-elect Donald Trump's latest threat to slap huge tariffs on countries that try to move away from the "mighty U.S. dollar"...
Russia's interest rate, inflation seen higher after rouble's fall- Reuters poll
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) - The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20...
Factbox-Europe's embattled auto sector plans plant closures and layoffs
(Reuters) -A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from...
UK economy outlook for 2025, as per Deutsche Bank
-- Deutsche Bank (ETR:DBKGn) has revised its projections for the UK economy, signaling a slower growth trajectory in 2025. In a note released Tuesday, the bank...
Israel lawmakers to vote on delayed 2025 wartime budget on Sunday, Finance Minister says
By Steven Scheer JERUSALEM (Reuters) - Israeli Finance Minister Bezalel Smotrich said on Tuesday he expects parliament to hold its initial vote on a 2025 state budget delayed by...