Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
Market Watchers Await US CPI Data to Clarify Path for Potential October Fed Hike
1 week ago
Market Watchers Await US CPI Data to Clarify Path for Potential October Fed Hike
The CPI report is widely regarded as a direct measure of inflationary pressures within the US economy. Financial analysts and…
BYD Launches Atto 8 with 9-Minute Charging; EV Adoption Accelerates in Australia Amidst Inflation
2 weeks ago
BYD Launches Atto 8 with 9-Minute Charging; EV Adoption Accelerates in Australia Amidst Inflation
The Atto 8 is designed to address range and charging anxieties with a 115-kWh battery pack. Under standard conditions, the…
IMF Upgrades UK and Germany Growth Forecasts Amid Energy Shocks and AI Boom
2 weeks ago
IMF Upgrades UK and Germany Growth Forecasts Amid Energy Shocks and AI Boom
Germany’s economic outlook has also improved, with the IMF raising its 2026 growth forecast to 1.3%, up from 0.7% in…
ASML and TSMC Earnings to Test Resilience of AI Chip Demand Amid Sector Selloff
2 weeks ago
ASML and TSMC Earnings to Test Resilience of AI Chip Demand Amid Sector Selloff
ASML, the Dutch manufacturer of lithography systems, will report its third-quarter results in U.S. premarket hours on Wednesday. The company…
Qantas cancels Rome-Perth flight after bedbug infestation forces aircraft removal from service
2 weeks ago
Qantas cancels Rome-Perth flight after bedbug infestation forces aircraft removal from service
On Saturday, Qantas was compelled to cancel a scheduled flight from Rome Fiumicino Airport (FCO) to Perth Airport (PER), with…
Global Growth Stabilizes at 3.1% as IMF Flags AI and Debt Risks; Africa Outperforms
2 weeks ago
Global Growth Stabilizes at 3.1% as IMF Flags AI and Debt Risks; Africa Outperforms
Central to this assessment is the identification of three primary threats to global stability: a potential crash in the artificial…
Rheinmetall signs €5.7 billion defense contract with Romania as shares hit record high
2 weeks ago
Rheinmetall signs €5.7 billion defense contract with Romania as shares hit record high
The contract falls under the European Union’s Security Action for Europe (SAFE) lending initiative, which provides member states with loans…
Meralco raises electricity rates by 32 centavos for October amid higher generation costs
2 weeks ago
Meralco raises electricity rates by 32 centavos for October amid higher generation costs
The increase marks the end of two consecutive months of rate declines for Meralco’s more than 8.3 million customers. Meralco…
Dangote Refinery Extends IPO Deadline to October 27 Amid Record Demand
2 weeks ago
Dangote Refinery Extends IPO Deadline to October 27 Amid Record Demand
The offering, which opened on September 14, comprises 4.1 billion ordinary shares priced at 525 naira each. If fully subscribed,…
BT to acquire TalkTalk in £400m rescue deal, saving 900 jobs and 2.5m customers
2 weeks ago
BT to acquire TalkTalk in £400m rescue deal, saving 900 jobs and 2.5m customers
The deal provides immediate continuity for TalkTalk’s 1.5 million retail customers and one million wholesale clients. BT Chief Executive Alison…