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Economy

Economy

Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake

BERLIN (Reuters) – The leader of Germany’s Social Democratic Party (SPD) sees a “good starting point” for reforming the nation’s spending cap,…
Economy

US protectionism would be extremely harmful to US and Europe, says EU Commission

BRUSSELS (Reuters) – Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European…
Economy

Futures drop as Powell signals no hurry on rate cuts

(Reuters) – U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce…
Economy

TSX futures inch up ahead of Powell’s speech, US data

(Reuters) – Futures tied to Canada’s main stock index rose on Thursday, helped by crude prices, ahead of Federal Reserve Chair Jerome…
Economy

Brazil’s outgoing central bank chief says there is urgency to announce spending cuts

SAO PAULO (Reuters) – The Brazilian government must cut spending “to the bone” and there is an urgency to announce a much…
Economy

Morning bid: A twist in the U.S.’s inflation tale?

(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. The dollar is forging ahead again,…
Economy

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject…
Economy

Central Europe to feel impact of any US tariff hit to Germany

By Gergely Szakacs BUDAPEST (Reuters) – If U.S. President-elect Donald Trump delivers on a pledge to hit European imports with tariffs, Hungary…
Economy

German opposition leader Merz says debt brake can be reformed

By Andreas Rinke and Maria Martinez BERLIN (Reuters) – The leader of Germany’s conservative Christian Democrats (CDU) Friedrich Merz said he could…
Economy

Bundesbank’s Nagel: Trump tariffs could cost Germany 1% in economic output

BERLIN (Reuters) -New tariffs planned by U.S. President-elect Donald Trump could cost Germany 1% in economic output if they come into effect,…
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