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Economy

Sterling heads for worst weekly performance since January

November 15, 2024
By Amanda Cooper LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak…
Economy

Nigeria inflation rises for second month in October

November 15, 2024
ABUJA (Reuters) – Nigeria’s inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70%…
Economy

Futures drop as Powell signals no hurry on rate cuts

November 15, 2024
(Reuters) – U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce…
Economy

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

November 15, 2024
BRUSSELS (Reuters) – Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European…
Economy

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

November 15, 2024
BERLIN (Reuters) – The leader of Germany’s Social Democratic Party (SPD) sees a “good starting point” for reforming the nation’s spending cap,…
Stock

FTSE 100 subdued as pharma stocks weigh

November 15, 2024
(Reuters) – The main UK stock indexes were subdued on Friday, with losses in AstraZeneca (NASDAQ:AZN) and GSK weighing on the blue-chip…
Stock

Tesla stock target lifted at RBC on increased confidence in AVs

November 15, 2024
Investing.com — RBC Capital raised its price target for Tesla (NASDAQ:TSLA) to $387 from $323 in a note Friday, citing growing confidence in…
Stock

Global equity funds see biggest weekly inflows in over a decade

November 15, 2024
(Reuters) – Global equity funds saw the largest weekly net purchases in over a decade in the week to Nov. 13, driven…
Stock

US finalizes $6.6 billion chips award for TSMC ahead of Trump return

November 15, 2024
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan…
Stock

Goldman’s 2025 outlook calls for more US outperformance after Trump win

November 15, 2024
Investing.com — Goldman Sachs expects US outperformance to continue in 2025, bolstered by the policies expected under the newly elected Trump administration….
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