Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
UK Budget raises savings tax rates, freezes fuel duty, and fully funds defence spending
19 hours ago
UK Budget raises savings tax rates, freezes fuel duty, and fully funds defence spending
The Budget also included a £100 energy support payment for millions of households and an extension of the fuel duty…
France advances €0.055 per-GB data levy in 2027 budget vote
22 hours ago
France advances €0.055 per-GB data levy in 2027 budget vote
The vote came despite opposition from the government side and the finance committee rapporteur, who had previously refused to recommend…
War Reshapes Ukraine’s Oligarchic Landscape: From Political Power to Economic Reconstruction
22 hours ago
War Reshapes Ukraine’s Oligarchic Landscape: From Political Power to Economic Reconstruction
The most prominent figure in this transition is Rinat Akhmetov, widely regarded as Ukraine’s richest man. At the height of…
Gold Faces Critical Support Test Amid Inflation Data and Election Uncertainty
22 hours ago
Gold Faces Critical Support Test Amid Inflation Data and Election Uncertainty
The primary driver of this recent volatility is the release of U.S. economic data, specifically the Bureau of Economic Analysis…
Gold Slides Below $4,000 as Fed Hawkishness and ETF Outflows Drive Bearish Momentum
24 hours ago
Gold Slides Below $4,000 as Fed Hawkishness and ETF Outflows Drive Bearish Momentum
The primary driver behind this retreat is a fundamental repricing of interest rate expectations. At its October meeting, the Federal…
SoftBank-backed OPay Withdraws $304 Million NYSE Listing Following Regulatory Inquiry
2 days ago
SoftBank-backed OPay Withdraws $304 Million NYSE Listing Following Regulatory Inquiry
The withdrawal comes shortly after OPay announced it would begin trading under the ticker "OPAY" on October 30, 2026. Prior…
Fitch downgrades France outlook to negative following Q3 contraction
2 days ago
Fitch downgrades France outlook to negative following Q3 contraction
The decision by Fitch underscores the mounting pressure on Paris to reconcile its ambitious social spending plans with a deteriorating…
Bank of Baroda posts record Rs 6,532 crore Q2 profit, up 36% on NSE stake gains
2 days ago
Bank of Baroda posts record Rs 6,532 crore Q2 profit, up 36% on NSE stake gains
The lender’s core banking performance also showed strength, with net interest income (NII) growing 9.0% year-on-year to Rs 13,026 crore.…
Bank of Canada Rate Hike Deepens Housing Slump as Young Buyers Remain Locked Out
2 days ago
Bank of Canada Rate Hike Deepens Housing Slump as Young Buyers Remain Locked Out
In its latest Monetary Policy Report, released alongside the rate announcement, the Bank of Canada forecasted that housing will contribute…
PNB settles Rs 43 lakh in claims, suspends 12 staff over Greater Noida fraud
2 days ago
PNB settles Rs 43 lakh in claims, suspends 12 staff over Greater Noida fraud
“Three claims amounting to ₹43 lakh had been settled as of yesterday. The Bank assures its customers that all genuine…