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Economy

Economy

Chip stocks rise, Microsoft probe, OPEC postpones meeting – what’s moving markets

Investing.com — Global chip stocks are trading higher on Thursday while U.S. markets are closed for the Thanksgiving holiday. OPEC has postponed…
Economy

Explainer-Could the ECB help France if borrowing costs surge further?

FRANKFURT (Reuters) – The European Central Bank is once again facing questions over whether it would shore up France’s rattled bond market…
Economy

Turkish cenbank sees high food prices hitting November inflation

ISTANBUL (Reuters) – The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent…
Economy

China warns of ‘necessary actions’ if US escalates chip curbs

(Reuters) – China warned on Thursday it would take “necessary actions” to protect Chinese firms if the U.S. escalated chip control measures,…
Economy

German opposition leader: ‘definitely’ no debt brake reform before February vote

BERLIN (Reuters) – Germany’s conservative opposition leader and possible next chancellor, Friedrich Merz, on Wednesday rejected a reform of the debt brake…
Economy

JPMorgan upgrades Mexican equities on U.S. growth, downgrades Brazil

(Reuters) – JPMorgan upgraded Mexican equities to “overweight” from “neutral” on the back of strong U.S. growth, but cut Brazilian equities citing…
Economy

Trump’s budget plans push US government lawyers to private sector

By David Thomas (Reuters) – Rank-and-file attorneys in the federal government fear major budget cuts when President-elect Donald Trump assumes office and…
Economy

Fed will deliver another 25bp cut in December, Barclays says

Investing.com — Barclays anticipates that the Federal Reserve will implement another 25 basis point rate cut in December, according to insights from the…
Economy

Russian rouble down by one quarter since early August

By Gleb Bryanski MOSCOW (Reuters) – The Russian rouble weakened further against the U.S. dollar and China’s yuan on Wednesday and is…
Economy

Analysis-Adani’s ‘renewable energy marvel’ trapped in U.S. bribery indictment

By Dhwani Pandya, Sethuraman N R and Aditya Kalra NEW DELHI (Reuters) – Betting big on the clean energy goals of Indian…
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        China warns of ‘necessary actions’ if US escalates chip curbs

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