SAO PAULO/BRASILIA (Reuters) -Brazil’s government denied on Thursday a report by CNN Brasil saying its highly anticipated package to rein in mandatory expenses would involve cuts of up to just 15 billion reais ($2.6 billion),…
Read More
By Liz Lee, Farah Master and Ryan Woo BEIJING/HONG KONG (Reuters) -China’s President Xi Jinping congratulated Donald Trump on his U.S. presidential win and urged both nations to find the “right way to get along”,…
Read More
investing.com — The political dust hasn’t even settled since Donald Trump’s decisive victory, but some on Wall Street are already reining in their forecasts for rate cuts, expecting a more cautious Federal Reserve. Nomura said…
Read More
SHANGHAI (Reuters) – Xpeng (NYSE:) unveiled its extended-range hybrid technology on Wednesday, as the Chinese electric vehicle maker bets on a pivot to such products that are more cost-competitive than pure EVs to boost sales…
Read More
By Pete Schroeder WASHINGTON (Reuters) -With Republican Donald Trump and Democrat Kamala Harris locked in a dead heat in the race for the White House, political forecasters will be eyeing a clutch of counties across…
Read More
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more…
Read More
Investing.com — Powell is likely to suggest that rate cuts could either slow or accelerate, but the Fed chief is unlikely to endorse hawkish bets for a Fed pause amid recent data showing a softer pace of inflation and slower…
Read More
COPENHAGEN (Reuters) -Volvo Cars’ sales rose 3% year-on-year in October to 61,686 cars driven primarily by an increase in sales of electric and plug-in hybrid models in Europe, the Sweden-based automaker said on Monday. Volvo…
Read More
SAO PAULO (Reuters) – Brazil Finance Minister Fernando Haddad canceled a trip to Europe this week, the ministry said in a statement on Sunday, amid pressure from market participants for the government to present spending-cut…
Read More
SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese said on Sunday that his government planned to cut student loans for around three million Australians by 20%, wiping off around A$16 billion ($10 billion) in debts. The…
Read More