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Today: December 05, 2025
Today: December 05, 2025

Economy

Business|Economy|Finance|Technology|World

Volvo Cars sales fall 10% in November, says US market subdued

Sweden-based Volvo Cars on Wednesday reported a slump in November sales, continuing a decline this year amid pressure from trade tariffs and subdued demand in the

Volvo Cars sales fall 10% in November, says US market subdued
Business|Economy|Finance|Stock Markets

How hedge funds performed in a volatile November

Global hedge funds, including stock pickers, have generated returns of nearly 15% in 2025 to the end of November, according to a Goldman

How hedge funds performed in a volatile November
Business|Economy|Finance|Stock Markets|Technology

Micron to exit consumer memory business amid global supply shortage

Memory chipmaker Micron Technology said on Wednesday it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence data centers amid

Micron to exit consumer memory business amid global supply shortage
Economy|Election|Political|US

Republicans emerge victorious and anxious after Tennessee special election

Republicans have held onto a conservative U.S. House district in Tennessee

Republicans emerge victorious and anxious after Tennessee special election
Arts|Business|Economy|Education|Environment|Science|Technology

OpenAI awards $40.5M to a wide range of nonprofits under new foundation structure

OpenAI has awarded $40.5 million to more than 200 nonprofits in the first round of grants it has made since it rebranded its nonprofit as the OpenAI Foundation in October

OpenAI awards $40.5M to a wide range of nonprofits under new foundation structure
Business|Economy|Finance|Stock Markets|World

Russian central bank expected to cut key rate by 50 bps to 16% at December meeting

The Russian central bank is seen cutting its key interest rate by 50 basis points at a meeting on December 19 as inflation is slowing

Russian central bank expected to cut key rate by 50 bps to 16% at December meeting
Business|Crime|Economy|Europe|Political|World

Zelenskiy seeks urgent renewal of supervisory boards in defence sector

Ukrainian President Volodymyr Zelenskiy said on Wednesday he had urged Defence Minister Denys Shmyhal to carry out an urgent renewal of supervisory boards in the defence sector

Zelenskiy seeks urgent renewal of supervisory boards in defence sector
Business|Economy|Environment|Health|World

Spain plans wild boar cull amid swine fever outbreak that hit exports

Spain's Catalonia region has pledged to curb its wild boar population, including by ramping up culls, after African swine fever was detected in several animals

Spain plans wild boar cull amid swine fever outbreak that hit exports
Business|Economy|Finance|Stock Markets|US|World

US import prices unexpectedly flat in September

U.S. import prices were unexpectedly unchanged in September as high costs for consumer goods, excluding motor vehicles, were offset by cheaper energy products.

US import prices unexpectedly flat in September
Business|Economy|Education|Environment|Finance|World

World Bank warns developing world 'not out of danger' as debt costs hit record

The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion between 2022 and 2024, the World Bank

World Bank warns developing world 'not out of danger' as debt costs hit record
Business|Economy|Finance|Stock Markets|Technology

Wall St opens lower as investors assess data, Microsoft falls

Wall Street's main indexes opened lower on Wednesday, as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said the tech giant lowered its

Wall St opens lower as investors assess data, Microsoft falls
Business|Economy|Finance|Stock Markets|Technology

AI-powered security firm Verkada valued at $5.8 billion in latest investment round

Verkada was valued at $5.8 billion in its latest investment round led by CapitalG, more than a billion dollars higher than its previous round in February, the AI-based security

AI-powered security firm Verkada valued at $5.8 billion in latest investment round
Business|Economy|Finance|Stock Markets|World

Canada's services PMI falls to five-month low in November

Canada's services economy contracted in November at the steepest pace in five months as economic uncertainty led to declines for employment and new business,

Canada's services PMI falls to five-month low in November
Business|Economy|Political|World

Swiss poll shows strong opposition to US trade deal

A clear majority of Swiss residents are critical of a preliminary trade deal struck with Washington, a poll showed on Wednesday, citing elements such as the entry of U.S.

Swiss poll shows strong opposition to US trade deal
Business|Economy|Europe|Finance|Technology

Nebius leverages Microsoft, Meta contracts for AI expansion 

Netherlands-based data centre operator Nebius will leverage recent multi-billion dollar contracts with Microsoft and Meta to build

Nebius leverages Microsoft, Meta contracts for AI expansion 
Business|Economy|Environment|Food|World

Brazil's 2025 chicken exports to rise despite bird flu trade bans

Brazilian chicken exports are expected to rise up to 0.5% this year to 5.32 million metric tons, meat lobby ABPA said on Wednesday, after exporters avoided

Brazil's 2025 chicken exports to rise despite bird flu trade bans
Business|Economy|World

Cracks appear in entrenched weak dollar outlook: Reuters Poll

FX strategists largely stuck to forecasts for a weaker U.S. dollar over the coming year on Federal Reserve rate cut bets but a sizeable minority have

Cracks appear in entrenched weak dollar outlook: Reuters Poll
Economy|Europe|Political|World

Two-thirds of NATO member states committed to PURL, Rutte says

Two-thirds of the member states of NATO have committed to the weapons for Ukraine through the so-called Prioritised Ukraine Requirements List (PURL), which has received

Two-thirds of NATO member states committed to PURL, Rutte says
Business|Economy|MidEast|Political|World

Israel, Lebanon send civilian envoys to truce committee for expanded talks

Israel and Lebanon sent civilian envoys to a military committee monitoring their ceasefire, top officials from both said on

Israel, Lebanon send civilian envoys to truce committee for expanded talks
Business|Economy|Finance|Stock Markets|US

US services little changed in November, but orders slow

The U.S. services sector activity held steady in November, with employment still subdued and prices for inputs elevated, a survey showed on Wednesday.

US services little changed in November, but orders slow
Business|Economy|World

US private payrolls post largest drop in more than 2-1/2 years in November

U.S. private payrolls posted their biggest drop in more than two and a half years in November as small businesses shed jobs, but the weakness is

US private payrolls post largest drop in more than 2-1/2 years in November
Business|Economy|Finance|World

US manufacturing production flat in September

U.S. factory production was unchanged in September as manufacturing remained constrained by tariffs on imports.

US manufacturing production flat in September
Business|Economy|Environment|Finance|Science|US

Climate change will make you poorer, according to a new report

Climate change will make you poorer, according to a new report

Climate change will make you poorer, according to a new report
Economy|Education|Environment|Science|Technology

What are small modular reactors, a new type of nuclear power plant sought to feed AI’s energy demand?

Rising electricity demand has researchers exploring a wide range of methods to generate more power, including a type of nuclear reactor that’s smaller than traditional nuclear plants.

What are small modular reactors, a new type of nuclear power plant sought to feed AI’s energy demand?
Business|Crime|Economy|Education|Environment|Finance|Opinion|Political|World

Labeling dissent as terrorism: New US domestic terrorism priorities raise constitutional alarms

A new Trump administration policy threatens free speech and association by targeting individuals and groups as potential domestic terrorists based on their beliefs rather than their actions.

Labeling dissent as terrorism: New US domestic terrorism priorities raise constitutional alarms
Business|Economy|Finance|Stock Markets|US|World

A first look at November hiring shows the private sector lost 32,000 jobs

A first look at November hiring shows the private sector lost 32,000 jobs

A first look at November hiring shows the private sector lost 32,000 jobs
Business|Economy|Europe|Political|Travel|World

King Charles welcomes German president to UK for state visit

Britain's King Charles welcomed German President Frank-Walter Steinmeier on Wednesday at the start of his three-day state visit to Britain, the

King Charles welcomes German president to UK for state visit
Business|Economy|Environment|World

Sri Lankans sift mud to unearth victims four days after deadly cyclone

Villagers in Sri Lanka used spades on Wednesday to clear away mud as they searched for the bodies of relatives and friends days after 13

Sri Lankans sift mud to unearth victims four days after deadly cyclone
Economy|Europe|Political|World

Bulgaria's president calls on government to resign

Bulgaria's President Rumen Radev has called on the minority government of Prime Minister Rosen Zhelyazkov to resign following mass protests this week against its 2026 budget.

Bulgaria's president calls on government to resign
Business|Economy|Finance|Stock Markets|US

Dollar Tree lifts annual profit target on steady demand for affordable items

Dollar Tree raised its annual profit forecast and beat quarterly estimates on Wednesday, as the discount retailer bets on steady demand for

Dollar Tree lifts annual profit target on steady demand for affordable items
Business|Economy|Europe|World

ECB's Lane flags 'upside surprises' to euro zone inflation

Euro zone inflation has delivered some "upside surprises" recently, raising some questions about the European Central Bank's expectations for a dip early next year, the

ECB's Lane flags 'upside surprises' to euro zone inflation
Asia|Business|Economy|Europe|Finance|Political|World

China, Russia discuss Ukraine, reach 'consensus' on Japan during Chinese minister's visit

China and Russia reached "broad consensus" on a range of issues during the Chinese foreign minister's trip to Moscow this week, amid a burst of diplomatic efforts to end the

China, Russia discuss Ukraine, reach 'consensus' on Japan during Chinese minister's visit
Business|Economy|Finance|Stock Markets|US

SEC halts review of highly leveraged ETF plans, citing risk exposures

The U.S. securities market regulator has paused the review of proposals for new highly leveraged exchange-traded funds from several fund managers and sought more

SEC halts review of highly leveraged ETF plans, citing risk exposures
Business|Economy|World

Swiss close in on relaxing restrictions on arms exports

The Swiss parliament is poised to relax restrictions on weapons exports, a significant but delicate shift that aims to support the domestic arms industry without compromising

Swiss close in on relaxing restrictions on arms exports
Business|Economy|Finance|Stock Markets

Stocks gain, US yields drop as markets weigh likely Fed rate cut

Global shares rose while U.S. Treasury yields fell after weak economic data solidified expectations of a Federal Reserve interest rate cut.

Stocks gain, US yields drop as markets weigh likely Fed rate cut
Business|Economy|Finance|Stock Markets|Technology

LSEG to integrate financial data into ChatGPT in AI push

LSEG will integrate its financial data and analytics into ChatGPT and make OpenAI's enterprise tool available to its employees, it said on Wednesday, deepening its push to embed

LSEG to integrate financial data into ChatGPT in AI push
Business|Economy|Food|Health

Magnum Ice Cream expects free cash flow of up to 1 billion euros in 2028-29

Unilever's ice cream business, which is spinning off and listing in Amsterdam next week, expects to achieve free cash flow between 800 million and 1 billion euros ($933.2 million to

Magnum Ice Cream expects free cash flow of up to 1 billion euros in 2028-29
Business|Economy|Finance|Stock Markets|Technology

American Bitcoin steadies after share lock-up expiry sparks near 40% plunge

Shares of American Bitcoin, a bitcoin miner backed by two of U.S.

American Bitcoin steadies after share lock-up expiry sparks near 40% plunge
Economy|Health|World

Migrants in Lebanon hope Pope's peace message lingers amid fears of new war

Filipina worker Loren Capobres said the world stood still when she kissed Pope Leo's hand this week in Lebanon, but hopes his message for peace will

Migrants in Lebanon hope Pope's peace message lingers amid fears of new war
Asia|Australia|Economy|Political|World

Most in Australia, Japan, India think Trump presidency bad for their country, poll says

A majority of Australians, Japanese and Indians believe U.S.

Most in Australia, Japan, India think Trump presidency bad for their country, poll says
Business|Economy|Education|Finance

What you need to know about ‘Trump Accounts’ and Michael and Susan Dell’s $6.25 billion donation

What you need to know about ‘Trump Accounts’ and Michael and Susan Dell’s $6.25 billion donation

What you need to know about ‘Trump Accounts’ and Michael and Susan Dell’s $6.25 billion donation
Economy|Europe|World

Turkey says 'very scary' attacks on Russia-linked tankers threaten Black Sea safety

Turkish Foreign Minister Hakan Fidan on Wednesday said the "very scary" attacks of recent days on Russia-linked tankers in the Black Sea threatened the

Turkey says 'very scary' attacks on Russia-linked tankers threaten Black Sea safety
Business|Economy|Finance|Stock Markets|US

Macy's strikes cautious tone on holiday spending, posts surprise profit

Macy's on Wednesday warned of picky consumers during the crucial holiday season as inflation pressures spending on non-essential goods even as the department

Macy's strikes cautious tone on holiday spending, posts surprise profit
Business|Economy|Education

Federal funding cuts are only one problem facing America’s colleges and universities

Amid federal funding cuts, the enrollment of both domestic and foreign students is falling at American colleges and universities.

Federal funding cuts are only one problem facing America’s colleges and universities
Economy|Environment|Science|World

Researchers slightly lower study's estimate of drop in global income due to climate change

Researchers who examined climate change’s potential effect on the global economy say data errors led them to slightly overstate an expected drop in income over the next 25 years

Researchers slightly lower study's estimate of drop in global income due to climate change
Crime|Economy|Health|Science|Technology|World

Yes, the government can track your location – but usually not by spying on you directly

A privacy researcher breaks down how your phone reveals your location, how that data is collected and sold, and how the government gets ahold of it – by simply buying it.

Yes, the government can track your location – but usually not by spying on you directly
Business|Economy|Finance|Stock Markets|World

Just a blip for risk assets, more Fed pain for the dollar

By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today Risk assets are showing further signs of recovery on Wednesday from a

Just a blip for risk assets, more Fed pain for the dollar
Americas|Business|Economy|Political|World

Brazil's Lula expects more US tariff cuts after call with Trump

Brazilian President Luiz Inacio Lula da Silva said on Wednesday he expects U.S. counterpart Donald Trump to further cut tariffs on Brazilian products soon, following a

Brazil's Lula expects more US tariff cuts after call with Trump
Business|Economy|Finance|Stock Markets|Technology

Marvell shares soar as chipmaker boosts its AI drive with Celestial deal

Marvell Technology jumped 9.3% to a nine-month high on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI bolstered investor confidence in the

Marvell shares soar as chipmaker boosts its AI drive with Celestial deal
Arts|Crime|Economy|Environment|Europe|Finance|Lifestyle|Opinion|Political|Science|Sports|Technology|Travel|World

A bridge too far? Sicily project tests limits of Italy's ambitions

Minutes after Italy's powerful Court of Auditors rejected plans to build a bridge from the mainland to the island of Sicily, Prime Minister Giorgia Meloni

A bridge too far? Sicily project tests limits of Italy's ambitions
Business|Economy|Environment|Health|Technology

Rivian to recall nearly 35,000 US delivery vans over seat belt issue

Rivian Automotive is recalling 34,824 electric delivery vehicles in the U.S. as their seat belt system may fail to properly restrain the driver, increasing the risk of injury during

Rivian to recall nearly 35,000 US delivery vans over seat belt issue
Business|Economy|Food|Political

Modelo and Corona are unexpected casualties of Trump’s immigration crackdown

Modelo and Corona are unexpected casualties of Trump’s immigration crackdown

Modelo and Corona are unexpected casualties of Trump’s immigration crackdown
Asia|Business|Economy|Technology

Foxconn, Luxshare plan to add millions to Vietnam's game console output, documents show

Foxconn and Luxshare plan to add millions of gaming devices to Vietnam's annual output, according to documents they submitted to local authorities,

Foxconn, Luxshare plan to add millions to Vietnam's game console output, documents show
Business|Economy|World

Global accounting body consults on new model for assessing bank risks

Banks could give investors a clearer view on how they manage risks, such as those associated with changing interest rates, under a new model proposed by a

Global accounting body consults on new model for assessing bank risks
Asia|Business|Economy|Finance|Stock Markets|World

India rupee falls to record low below 90, risks steeper slide without central bank help

The Indian rupee slid past 90 per U.S. dollar to a record low on Wednesday, declining for the sixth consecutive session as traders bet

India rupee falls to record low below 90, risks steeper slide without central bank help
Economy|Environment|Political|World

Norway government secures budget backing, preventing cabinet fall

Norway's governing Labour Party said on Wednesday it had reached agreement with four left-wing parties in parliament on a 2026 fiscal budget

Norway government secures budget backing, preventing cabinet fall
Economy|Europe|World

Serbian parliament adopts 2026 budget, sets deficit at 3%

Serbia's parliament on Wednesday adopted the country's 2026 budget, setting a fiscal deficit of 337 billion dinars ($3.35 billion), or 3% of gross domestic product.

Serbian parliament adopts 2026 budget, sets deficit at 3%
Business|Economy|Finance|Stock Markets|World

Mexico's peso to trade within decade-old range in 2026: Reuters Poll

Mexico's peso will keep trading in 2026 close to the center of a range between 16.00-22.00 per U.S. dollar that recently turned 10 years old, a Reuters

Mexico's peso to trade within decade-old range in 2026: Reuters Poll
Business|Economy|World

SNB expected to avoid negative rates despite inflation downturn

The Swiss National Bank will stick to its 0% interest policy next week and well into 2026 rather than opting for negative rates, economists said on Wednesday,

SNB expected to avoid negative rates despite inflation downturn
Business|Economy|Finance|World

Pemex debt is red flag for potential partners as Mexico seeks to boost oil output

It has been over a month since the head of Pemex made a plea for partners to help Mexico's ailing state oil company on

Pemex debt is red flag for potential partners as Mexico seeks to boost oil output
Business|Economy|Finance|World

Fed data suggests central bank has stopped losing money

By Michael S.

Fed data suggests central bank has stopped losing money
Business|Economy|Europe|Finance|World

ECB urges Italy to reconsider proposal on central bank's $300 billion gold

The European Central Bank has urged Italy to reconsider a parliamentary amendment asserting that the national central bank's gold

ECB urges Italy to reconsider proposal on central bank's $300 billion gold
Arts|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Finance|Health|MidEast|Political|Science|Technology|Travel|US|World

How Trump is intensifying his crackdown on every form of immigration to the US

How Trump is intensifying his crackdown on every form of immigration to the US

How Trump is intensifying his crackdown on every form of immigration to the US
Economy|Finance|Political|Stock Markets|US|World

Iran's currency falls to a new low as nuclear sanctions squeeze its ailing economy

Iran's rial currency has fallen to a new low of 1.2 million to the U.S. dollar as nuclear sanctions squeeze the economy

Iran's currency falls to a new low as nuclear sanctions squeeze its ailing economy
Business|Economy|Environment|Health|Political|World

Flood-hit Indonesian regions run low on fuel, funds for relief effort

Authorities battling floods on Indonesia's island of Sumatra that killed about 800 people this week have appealed for more central government help to tackle shortages of

Flood-hit Indonesian regions run low on fuel, funds for relief effort
Business|Economy|Europe|World

France's services sector returns to growth in November, PMI shows

France's dominant services sector expanded slightly more than first estimated in November, hitting a 15-month high as new business gained momentum in the euro zone's second-

France's services sector returns to growth in November, PMI shows
Business|Economy|Europe|World

Euro zone business activity expands at fastest pace in 30 months in November, PMI shows

Business activity in the euro zone expanded at its fastest pace in two-and-a-half years in November as a robust service sector more than offset manufacturing weakness, a survey

Euro zone business activity expands at fastest pace in 30 months in November, PMI shows
Business|Economy|World

China likely to chase 5% GDP growth in 2026 in bid to end deflation

China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that would require authorities to

China likely to chase 5% GDP growth in 2026 in bid to end deflation
Business|Economy|Europe|Finance|Stock Markets|World

German service sector growth slows in November, PMI shows

Germany's services sector grew for a third consecutive month in November, albeit at a slower pace than October's two-year-plus high, due to softer increases

German service sector growth slows in November, PMI shows
Business|Economy|Political|Travel|World

Macron arrives in China for talks with Xi on trade ties and Russia's war in Ukraine

French President Emmanuel Macron has landed in Beijing for a three-day visit to China focused on trade talks and global crises

Macron arrives in China for talks with Xi on trade ties and Russia's war in Ukraine
Business|Economy|Finance|World

Vikram Sahu approved as Bank of America India CEO by central bank, memo shows

India's central bank has approved the appointment of Vikram Sahu as chief executive officer of Bank of America N.A. in India, according to an internal memo reviewed by

Vikram Sahu approved as Bank of America India CEO by central bank, memo shows
Business|Economy|Europe|Finance|Stock Markets|World

UK services firms report slower growth, more job cuts in lead up to budget, PMI shows

Growth among Britain's services firms declined last month and employment contracted the most since February in the run-up to the government's budget,

UK services firms report slower growth, more job cuts in lead up to budget, PMI shows
Business|Economy|Europe|World

European shares end flat; Inditex jumps on strong November sales

European shares ended largely steady on Wednesday, aided by gains for technology that offset sharp declines in financials, while Inditex surged to a near one-

European shares end flat; Inditex jumps on strong November sales
Business|Economy|Finance|World

Toronto home sales hit five-month low in November

Greater Toronto Area home sales fell to a five-month low in November and prices declined as an uncertain economic outlook kept homebuyers on the sidelines,

Toronto home sales hit five-month low in November
Business|Economy|Finance|Stock Markets|US

Inflation is catfishing you about the economy

Black Friday spending was strong, but the numbers don’t tell the full story. CNN’s David Goldman explains how inflation can make the US economy seem healthier than it actually is.

Inflation is catfishing you about the economy
Economy|Europe|Political|World

Bulgaria's government withdraws controversial budget after major protests

Bulgaria’s government has withdrawn a controversial budget proposal after protests erupted into clashes with police

Bulgaria's government withdraws controversial budget after major protests
Business|Economy|Europe|Technology

Airbus cuts 2025 delivery target due to A320 fuselage panel issue

Airbus is expecting to deliver fewer planes this year due to an issue with fuselage panels on some A320 planes

Airbus cuts 2025 delivery target due to A320 fuselage panel issue
Business|Economy|Europe|World

Sentiment in German auto sector deteriorates in November, survey finds

Sentiment in Germany's automotive sector deteriorated once again in November as companies became more pessimistic in their business expectations, a survey showed on Wednesday

Sentiment in German auto sector deteriorates in November, survey finds
Africa|Business|Economy|World

Kenya private sector activity surges to five-year high, PMI survey shows

Kenya's private sector activity expanded for the third consecutive month in November to stand at a five-year high, boosted by better performance across all sectors, a survey

Kenya private sector activity surges to five-year high, PMI survey shows
Business|Economy|Europe|World

Spain services sector growth slows slightly in November as global trade weighs, PMI shows

Spain's service sector expanded robustly in November led by domestic demand, albeit at a slightly slower pace than in the previous month due to a decline in international

Spain services sector growth slows slightly in November as global trade weighs, PMI shows
Business|Economy|Finance|Stock Markets|World

HSBC names interim chair Nelson as permanent in surprise move

HSBC Holdings' interim chairman Brendan Nelson will move into that role on a permanent basis, in a surprise move that came seven

HSBC names interim chair Nelson as permanent in surprise move
Asia|Business|Economy|Political|World

South Korea's Lee praises Trump, hopes US can resume North Korea dialogue

South Korean President Lee Jae Myung said on Wednesday that he had found it "interesting and entertaining" speaking with Donald Trump during

South Korea's Lee praises Trump, hopes US can resume North Korea dialogue
Business|Economy|Europe|Fashion and Beauty

Hugo Boss aims for long-term 12% operating profit margin in strategic overhaul

German fashion group Hugo Boss on Wednesday said that it aims to achieve an operating profit margin of around 12% over the medium-to-long term as part of a strategic overhaul

Hugo Boss aims for long-term 12% operating profit margin in strategic overhaul
Africa|Business|Economy|World

South Africa's private sector activity contracts for second month in November, PMI shows

South Africa's private sector activity contracted for the second consecutive month in November driven by sustained falls in output and new business volumes, an S&P

South Africa's private sector activity contracts for second month in November, PMI shows
Economy|Political|World

US pauses all immigration applications from 19 non-European countries

The Trump administration on Tuesday said it paused all immigration applications, including green

US pauses all immigration applications from 19 non-European countries
Business|Economy|Environment|Science|World

Deadly Asian floods are no fluke. They’re a climate warning, scientists say

Southeast Asia has been hit by unusually severe floods this year, with late storms killing more than 1,400 people and leaving hundreds missing across Indonesia, Sri Lanka, and Thailand

Deadly Asian floods are no fluke. They’re a climate warning, scientists say
Business|Economy|Europe|Finance|Stock Markets|World

Risk-on, risk-off, risk-on

A look at the day ahead in European and global markets from Rae Wee There have been a couple of instances over the past month where a market rally was abruptly halted by sudden risk aversion -

Risk-on, risk-off, risk-on
Asia|Business|Economy|Finance|Political|World

Taiwan says China sometimes stages mock attacks on foreign navy ships in strait

China's military sometimes simulates attacks on foreign naval vessels in the Taiwan Strait and Taiwan shares intelligence with international partners when

Taiwan says China sometimes stages mock attacks on foreign navy ships in strait
Australia|Business|Economy|Finance

ANZ’s Nuno Matos named new Australian Banking Association council chair

The Australian Banking Association on Wednesday appointed ANZ Group CEO Nuno Matos as the new chair of its council, replacing National Australia Bank chief Andrew Irvine. 

ANZ’s Nuno Matos named new Australian Banking Association council chair
Asia|Business|Economy|Finance|Stock Markets|World

India's services growth accelerates in November but export engine sputters, PMI shows

India's dominant services sector accelerated in November as robust domestic demand helped recover ground lost in the previous month, but export sales growth slipped to an

India's services growth accelerates in November but export engine sputters, PMI shows
Asia|Crime|Economy|Political|World

South Korea's Lee says on martial law anniversary perpetrators must face justice

South Korean President Lee Jae Myung said on Wednesday there was still work to be done to address the fallout from the failed martial

South Korea's Lee says on martial law anniversary perpetrators must face justice
Business|Economy|World

Russia's services sector growth accelerates in November, PMI shows

Russia's services sector experienced a resurgence in growth in November, driven by a renewed increase in new orders, a survey showed on Wednesday.

Russia's services sector growth accelerates in November, PMI shows
Asia|Crime|Economy|Political|World

Myanmar's opium poppy cultivation hits highest level in a decade, UN says

Opium poppy cultivation in war-torn Myanmar has surged to its highest level in a decade, rising 17% in the past year as conflict and economic hardship push more farmers into the

Myanmar's opium poppy cultivation hits highest level in a decade, UN says
Business|Economy|World

Rupee cracks below 90 to the dollar, hit by tariffs, capital outflows

The Indian rupee fell past the key psychological level of 90 to the dollar on Wednesday, extending an eight-month decline as dollar outflows for trade and

Rupee cracks below 90 to the dollar, hit by tariffs, capital outflows
Arts|Economy|Entertainment|Environment|Political|Sports

Trump will play a starring role heading into a big weekend at the Kennedy Center

The Kennedy Center, known for theater and opera, becomes the sports world's focus on Friday

Trump will play a starring role heading into a big weekend at the Kennedy Center
Asia|Business|Economy|Finance|Stock Markets|World

Major Chinese banks cut high-yield deposit products to ease margin pressure

Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their offerings, in an effort to cut costs and

Major Chinese banks cut high-yield deposit products to ease margin pressure
Business|Economy|Finance|Stock Markets|Technology

ASX outage deepens investors' doubts over tech overhaul

The Australian Securities Exchange's technology turnaround plan, touted by the firm's chair as being too important to fail, is facing

ASX outage deepens investors' doubts over tech overhaul
Economy|Education|Finance|Health|Political|Stock Markets|US

Trump administration threatens to withhold SNAP management funds from states that don't share data

The Trump administration says it will withhold funds for administering SNAP food aid in most Democratic-controlled states starting next week unless they provide data about those receiving the assistance

Trump administration threatens to withhold SNAP management funds from states that don't share data
Business|Economy|Finance|Stock Markets|World

Balyasny Asset Management up over 15% so far in 2025, says source

Balyasny Asset Management posted a 2.5% return in November and is up 15.3% this year so far, a source told Reuters on Tuesday.

Balyasny Asset Management up over 15% so far in 2025, says source
Business|Economy|Environment|Science|Technology

Vultr to invest $1 billion in Ohio AI cluster using AMD chips

Cloud infrastructure company Vultr said on Tuesday it would invest more than $1 billion to launch a new artificial intelligence cluster powered by Advanced Micro Devices' processors

Vultr to invest $1 billion in Ohio AI cluster using AMD chips
Business|Economy|Finance|Stock Markets|US|World

Strong start to online holiday shopping masks signs of a fragile U.S. consumer

The U.S. holiday shopping season kicked off to record online sales.

Strong start to online holiday shopping masks signs of a fragile U.S. consumer
Crime|Economy|Finance|Political|Stock Markets|US|World

Trump says National Guard will be sent to New Orleans

President Donald Trump announces National Guard troops will soon head to New Orleans

Trump says National Guard will be sent to New Orleans
Business|Celebrity|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

American Eagle lifts annual sales forecast on marketing-driven holiday demand

American Eagle Outfitters raised its annual comparable sales forecast on Tuesday, betting on marketing-driven demand for its apparel and accessories during the

American Eagle lifts annual sales forecast on marketing-driven holiday demand
Business|Economy|Finance|Stock Markets|Technology

Marvell to buy chip startup Celestial AI for $3.25 billion, bullish on growth next year

By Juby Babu, Max A.

Marvell to buy chip startup Celestial AI for $3.25 billion, bullish on growth next year
Economy|Health|Political|US|World

Trump to halt some food aid support for Democratic-led states over data fight

The administration of U.S.

Trump to halt some food aid support for Democratic-led states over data fight
Business|Economy|Finance|Stock Markets|Technology

EMJ's Jackson aims to take volatility out of crypto

With bitcoin trading well below its recent highs, hedge fund manager and activist investor Eric Jackson is betting that investors will still want exposure to crypto

EMJ's Jackson aims to take volatility out of crypto
Business|Economy|Finance|Stock Markets|US

JPMorgan hires two senior bankers to expand mid-cap investment banking

JPMorgan Chase on Tuesday hired two new managing directors, R.

JPMorgan hires two senior bankers to expand mid-cap investment banking
Business|Crime|Economy|Education|Finance|Political|Stock Markets|US

Larry Summers receives lifetime ban from prestigious economic association over Epstein ties

Larry Summers receives lifetime ban from prestigious economic association over Epstein ties

Larry Summers receives lifetime ban from prestigious economic association over Epstein ties
Business|Economy|Finance|Stock Markets|Technology

CrowdStrike forecasts upbeat quarterly revenue as AI adoption fuels growth

CrowdStrike forecast fourth-quarter revenue above analysts' estimates on Tuesday, as the cybersecurity firm benefits from growing adoption of AI across its product

CrowdStrike forecasts upbeat quarterly revenue as AI adoption fuels growth
Business|Economy|Environment|Technology|US

US Postal Service using 2,600 EVs for mail deliveries

By David Shepardson WASHINGTON, Dec 2 - The U.S.

US Postal Service using 2,600 EVs for mail deliveries
Economy|Health|Political

US judge blocks Trump from cutting Medicaid funding for Planned Parenthood in 22 states

A federal judge on Tuesday blocked U.S.

US judge blocks Trump from cutting Medicaid funding for Planned Parenthood in 22 states
Australia|Business|Economy|Finance|World

Australia's economy likely already bumping up against speed limits, top central banker says

Australia's top central banker said on Wednesday the economy was likely already at its potential growth limit and, should inflation

Australia's economy likely already bumping up against speed limits, top central banker says
Business|Economy|Finance|Stock Markets

Baldwin strikes $1 billion deal for rival insurance broker CAC Group

The Baldwin Group said on Tuesday it will buy rival insurance broker CAC Group in a $1.03 billion cash-and-stock deal, adding to a string of mergers in recent years as industry

Baldwin strikes $1 billion deal for rival insurance broker CAC Group
Business|Economy|Stock Markets|Technology

Microchip Technology raises profit, revenue expectations for third quarter

Chipmaker Microchip Technology on Tuesday raised its expectations for third-quarter net sales and earnings per share, driven by strong bookings, sending its shares up 2.3% in

Microchip Technology raises profit, revenue expectations for third quarter
Business|Economy|Finance|Stock Markets|World

Trading Day: Tech, Fed hopes do the heavy lifting

World stocks rose on Tuesday, regaining their poise after wobbling the previous day and lifted by an extended upswing in tech and AI sentiment as

Trading Day: Tech, Fed hopes do the heavy lifting
Business|Economy|Technology

AT&T commits to ending DEI programs

U.S. wireless carrier AT&T said in a letter to the U.S. telecoms regulator that it had committed to ending diversity, equity and inclusion programs, a

AT&T commits to ending DEI programs
Economy|Europe|Political|World

Putin's talks with U.S. Witkoff and Kushner conclude, the Kremin says

Russian President Vladimir Putin's meeting with U.S.

Putin's talks with U.S. Witkoff and Kushner conclude, the Kremin says
Business|Economy|Education|Political

With 'Trump Accounts,' your baby could qualify for $1,000. Here's what to know

President Donald Trump's tax legislation included a provision called "Trump Accounts," which gives $1,000 to every newborn if their parents open an account

With 'Trump Accounts,' your baby could qualify for $1,000. Here's what to know
Economy|Health|Political

Chances dwindling for renewal of health care subsidies, risking premium spikes for millions

Hopes for an extension of health care subsidies are dwindling in Congress

Chances dwindling for renewal of health care subsidies, risking premium spikes for millions
Business|Economy|Education

Crackdown on trucking schools shouldn't disrupt industry. But scrutiny on immigrant drivers might

Everything the Trump administration has done this year to strengthen and enforce the standards for truck drivers and the schools that train them after several deadly crashes may cause problems for some companies if immigrants continue to flee the profession rather than deal with the harassment and scrutiny

Crackdown on trucking schools shouldn't disrupt industry. But scrutiny on immigrant drivers might
Asia|Business|Economy|World

South Korea Q3 GDP +1.3% q/q, faster than earlier estimate

South Korea's economy expanded by 1.3% in the third quarter, revised central bank data showed on Wednesday, faster than the bank's earlier estimate of 1.2%.

South Korea Q3 GDP +1.3% q/q, faster than earlier estimate
Business|Economy|Environment|World

More US soybean shipments to China due to load through mid-December

Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load

More US soybean shipments to China due to load through mid-December
Business|Economy|Europe|World

Irish services sector growth tops three-year high in November, PMI shows

A rebound in Ireland's services sector accelerated at its fastest pace in three-and-a-half years in November, with growth driven by increased gains in current activity and

Irish services sector growth tops three-year high in November, PMI shows
Business|Economy|Technology

Anthropic plans an IPO as early as 2026, FT reports

Anthropic, the artificial intelligence startup backed by Alphabet's Google and Amazon.com, has hired the law firm Wilson Sonsini to prepare for an initial public offering that could

Anthropic plans an IPO as early as 2026, FT reports
Business|Crime|Economy|Political|World

Suburban Chicago cop arrested by ICE returns to duty

A suburban Chicago police officer who was detained during a high-profile federal immigration enforcement surge in the area has returned to duty, his police

Suburban Chicago cop arrested by ICE returns to duty
Australia|Business|Economy|Finance|World

Australia's annual growth hits two-year high in Q3, markets weigh risk of rate hike

Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government and consumer spending

Australia's annual growth hits two-year high in Q3, markets weigh risk of rate hike
Business|Economy|World

Japan's services sector sustains solid growth in November, PMI shows

Japan's services sector activity continued its steady growth in November, driven by a faster rise in new orders and increased business confidence, a private-sector survey

Japan's services sector sustains solid growth in November, PMI shows
Economy|Environment|Political|World

Australia’s anti-migration populist Pauline Hanson eyes political resurgence

Australia's flame-haired populist Senator Pauline Hanson and her anti-immigration party have rocketed up opinion polls, nearing a peak seen three decades

Australia’s anti-migration populist Pauline Hanson eyes political resurgence
Business|Economy|Europe|Technology

Airbus prepares A320 inspections as fuselage flaw hits deliveries

Airbus engineers have found defects on a wider set of A320 fuselage panels as they prepare to inspect hundreds of jets for a flaw that the

Airbus prepares A320 inspections as fuselage flaw hits deliveries
Economy|Election|Finance|Political|World

Centrist Nasralla takes slim lead in Honduran presidential election plagued by delays as Trump alleges fraud

Salvador Nasralla, of the centrist Liberal Party, on Tuesday took a razor-thin lead in Honduras' presidential election over Nasry Asfura, the conservative candidate

Centrist Nasralla takes slim lead in Honduran presidential election plagued by delays as Trump alleges fraud
Business|Economy|Science|Technology|World

The AI frenzy is driving a new global supply chain crisis

By Hyunjoo Jin, Fanny Potkin, Wen-Yee Lee, Anton Bridge and Max A.

The AI frenzy is driving a new global supply chain crisis
Asia|Business|Economy|World

Thai inflation negative again in November, industry sees floods trimming growth

Thailand's annual headline inflation rate was negative for an eighth month in November, driven by falling energy prices and

Thai inflation negative again in November, industry sees floods trimming growth
Business|Economy|Finance|Stock Markets|World

Stocks steady as slide in bitcoin, global bonds hit pause

Global shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in bond markets and cryptocurrencies

Stocks steady as slide in bitcoin, global bonds hit pause
Business|Economy|Finance|Stock Markets|World

China's services growth slips to 5-month low in November, private PMI shows

China's services activity expanded at its slowest pace in five months in November, as growth in new orders softened despite a boost from

China's services growth slips to 5-month low in November, private PMI shows
Economy|Environment|Science|Travel|US

Winter storm warnings stretch across the northern US, bringing snow, cold and risky conditions

Travelers face challenging weather for the rest of the Thanksgiving holiday weekend

Winter storm warnings stretch across the northern US, bringing snow, cold and risky conditions
Business|Economy|Finance|Stock Markets|Technology

US futures, options resume after CME outage underscores resilience concerns

Exchange operator CME Group said on Friday that some markets had reopened after global futures were thrown into chaos when the world's

US futures, options resume after CME outage underscores resilience concerns
Business|Economy|Finance|Stock Markets|US|World

Schedule for US economic data delayed by government shutdown

The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the recent federal

Schedule for US economic data delayed by government shutdown
Asia|Business|Economy|Europe|Technology|World

Wingtech challenges Nexperia decisions at Netherlands' Supreme Court

China's Wingtech on Friday said it has appealed decisions stripping it of control of its Nexperia chipmaking subsidiary to the Netherlands' Supreme Court.

Wingtech challenges Nexperia decisions at Netherlands' Supreme Court
Business|Economy|Technology|World

Before CME's stumble, exchange outages that rattled investors

CME Group, the world's biggest exchange operator, experienced an hours-long outage on Friday that halted trade on its currency platform and in futures spanning foreign

Before CME's stumble, exchange outages that rattled investors
Business|Economy|Europe|Finance|Stock Markets|Technology

Asda warns return to sales growth delayed by Walmart IT split disruption

British grocer Asda warned it does not expect to return to underlying sales growth until mid-2026 after third quarter sales were dented by disruption linked to the

Asda warns return to sales growth delayed by Walmart IT split disruption
Business|Economy|Finance|Stock Markets|World

Wall St opens higher, futures resume trade after outage

Wall Street's main indexes opened higher on Friday with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen currencies, commodities and

Wall St opens higher, futures resume trade after outage
Africa|Economy|Political|World

Guinea-Bissau soldiers appoint ally of deposed president as prime minister

Soldiers in Guinea-Bissau have appointed a close ally of the deposed president as prime minister after seizing power following disputed elections

Guinea-Bissau soldiers appoint ally of deposed president as prime minister
Arts|Business|Crime|Economy|Education|Entertainment|Environment|Food|Health|Interview|Lifestyle|Opinion|Political|Science|Sports|Technology|Travel|World

Trinidad's leader backtracks and says US Marines are in the country working on airport radar

Trinidad and Tobago's prime minister is backtracking comments where she asserted that no U.S. Marines were currently in the twin-island nation

Trinidad's leader backtracks and says US Marines are in the country working on airport radar
Business|Economy|Europe|Political|World

EU members seek safeguards in US tariff deal to protect industry

European Union governments want to put in place safeguards and a review clause in the tariff deal the bloc struck with the United States, to counter concerns

EU members seek safeguards in US tariff deal to protect industry
Business|Economy|Political

Canada budget deficit over first six months of 2025/26 rises to C$16.09 billion

Canada recorded a slightly higher C$16.09 billion ($11.52 billion) budget deficit for the first six months of the 2025/26 fiscal year as government expenditures grew faster

Canada budget deficit over first six months of 2025/26 rises to C$16.09 billion
Business|Economy|Entertainment|Finance|Lifestyle

Family owned store discusses importance of shopping locally ahead of Small Business Saturday

Family owned store discusses importance of shopping locally ahead of Small Business Saturday

Family owned store discusses importance of shopping locally ahead of Small Business Saturday
Business|Economy|Education|Entertainment|Sports|World

US Soccer has bold plans for the World Cup legacy

The last time the United States hosted the World Cup, U.S. Soccer built on the the financial infusion and the public’s excitement to help launch Major League Soccer

US Soccer has bold plans for the World Cup legacy
Business|Economy|Education|Technology

Warburg Pincus to acquire Raptor Technologies for around $1.8 billion, sources say

Warburg Pincus has agreed to acquire a majority stake in Raptor Technologies from fellow investment firm Thoma Bravo, in a deal that values the school safety software

Warburg Pincus to acquire Raptor Technologies for around $1.8 billion, sources say
Business|Economy|Finance|Stock Markets|Technology

Wall Street edges higher in thin post-holiday trade

U.S. stocks climbed on Friday in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech

Wall Street edges higher in thin post-holiday trade