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Investors go ‘all-in on infallible Fed’, dumping cash and buying stocks -BofA
LONDON (Reuters) - Investors dumped cash and bought stocks in the week to Wednesday, according to BofA Global Research, as hopes of interest rate cuts drove equity and bond prices higher. Investors pu...
Syndicated Content Dec 15, 2023
COP28 climate deal ‘stab in the back’, activist Greta Thunberg says
STOCKHOLM (Reuters) - The COP 28 climate deal reached with huge fanfare this week in Dubai is a stab in the back for the nations most affected by global warming and won't stop temperatures rising beyo...
Syndicated Content Dec 15, 2023
Bank of Portugal cuts 2024 growth outlook, citing short-term uncertainty
LISBON (Reuters) - The Bank of Portugal on Friday lowered next year's economic growth forecast to 1.2% from 1.5% it had set in October, in a slowdown from this year's expected 2.1% expansion, citing w...
Syndicated Content Dec 15, 2023
OpenAI CEO promotes crypto project Worldcoin after fundraising report
By Elizabeth Howcroft and Martin Coulter LONDON (Reuters) - OpenAI CEO Sam Altman has doubled down on his vision for cryptocurrency project Worldcoin, following reports the company was seeking $50 mil...
Syndicated Content Dec 15, 2023
Foreign multinationals in Ireland shed jobs for first time since 2009
By Padraic Halpin DUBLIN (Reuters) -Employment at foreign multinational companies in Ireland fell by 0.3% in the year to end-October in the first annual decline since 2009 as tech layoffs offset jobs ...
Syndicated Content Dec 15, 2023
German parliament’s lower house approves 2023 budget
By Holger Hansen and Maria Martinez BERLIN (Reuters) - The lower house of Germany's parliament approved on Friday the 2023 supplementary budget, with the suspension of a self-imposed cap on borrowing ...
Syndicated Content Dec 15, 2023
Sri Lanka’s economy returns to growth, led by agriculture
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financ...
Syndicated Content Dec 15, 2023
Philippine central bank says it’s not yet convinced about downward inflation trend
By Karen Lema and Neil Jerome Morales MANILA (Reuters) - The Philippine central bank needs more data to be convinced that the downward trend in inflation will hold before it considers policy easing, i...
Syndicated Content Dec 15, 2023
US opens probe into over 450,000 Nissan vehicles on engine failure concerns
(Reuters) - A U.S. auto safety regulator said on Friday it will open an investigation into about 454,840 Nissan vehicles over reports alleging engine failure that can lead to a loss of motive power wi...
Syndicated Content Dec 15, 2023
Exxon’s low US tax payments ruffle Biden’s climate agenda
By Tim McLaughlin (Reuters) - Exxon Mobil's income tax payments to the U.S. government have dropped to 3% over the past five years - several times below the company's 20-year average - on massive dedu...
Syndicated Content Dec 15, 2023
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