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Senate may vote on Trump treasury nominee Bessent this weekend, top Republican says

January 23, 2025

WASHINGTON (Reuters) – The U.S. Senate could vote to confirm Republican President Donald Trump’s nominee for treasury secretary, Scott Bessent, this weekend,

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U.S. WHO exit jeopardizes Africa, says health body

January 23, 2025

DAKAR (Reuters) – The U.S. plan to withdraw from the World Health Organization will squeeze Africa’s health initiatives, the Africa Centres for

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Nigeria needs to double economic growth within a year or two, finance minister says

January 23, 2025

By Brad Haynes DAVOS, Switzerland (Reuters) – Nigeria needs to double economic growth within the next year or two from an annualized rate

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Trump policies likely to raise bond market’s inflation fears, top money managers say

January 23, 2025

By Davide Barbuscia NEW YORK (Reuters) – Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of

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BOJ likely to raise rates to highest in 17 years, signal more hikes

January 23, 2025

By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the

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Trump says he will demand lower interest rates immediately

January 23, 2025

(Reuters) – U.S. President Donald Trump on Thursday said he would demand that interest rates drop immediately, and that other countries should

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Leading German chancellor candidate Merz vows more assertive global role

January 23, 2025

By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become the next chancellor, said on Thursday

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Micheál Martin returns as Irish prime minister amid Trump threat

January 23, 2025

By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Micheál Martin was elected Irish prime minister for the second time by a coalition

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Freeport-McMoRan beats fourth-quarter profit estimates

January 23, 2025

(Reuters) -Miner Freeport-McMoRan (NYSE:FCX) beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in the fourth quarter,

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US weekly jobless claims increase marginally

January 23, 2025

WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting that solid job growth

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Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs

January 23, 2025

By Nell Mackenzie LONDON (Reuters) – Hedge funds have turned optimistic about European companies that sell things people want but don’t necessarily need,

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ECB seen slowing projected pace of interest rate cuts from Q3 – Deutsche Bank

January 23, 2025

Investing.com – The European Central Bank may begin to slow the pace of anticipated interest rate cuts this year in the third quarter,

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EU Commission investigates depth of EU safety net for stablecoin holders

January 23, 2025

By Valentina Za MILAN (Reuters) – The European Commission is investigating the extent to which EU rules on crypto assets protect the redemption

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Mexico annual inflation hits lowest level in nearly four years

January 23, 2025

(Reuters) – Mexico’s annual inflation rate slowed to its lowest level in almost four years in the first half of January, official

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UK gilts yields rise; Reeves pledges to new fiscal measures

January 23, 2025

Investing.com – The yields on UK government bonds rose Thursday after Chancellor Rachel Reeves said she was prepared to announce new measures

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Indonesia plans spending cuts worth $18.84 billion, finance ministry says

January 23, 2025

JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) this year,

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