Browsing: Economy

FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump in…

Thousands of auto workers for the three-largest U.S. carmakers walked off the job last week because their pay has only increased fractionally in the wake of…

BEIJING (Reuters) – The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co’s operations and management may diffuse risk at the troubled shadow…

They thought the work-from-home revolution that took place during the pandemic lockdowns would come to an end when the crisis was over. They were wrong. Fully…

In line with global efforts towards a low-carbon future, banks have been instrumental in financing renewable energy initiatives. However, these financial instruments are facing criticism for…

By Kitiphong Thaichareon and Panarat Thepgumpanat BANGKOK (Reuters) – Thailand’s new cabinet approved on Monday higher budget spending of 3.48 trillion baht ($97.64 billion) for fiscal…

Goldman Sachs has lowered its estimate of the peak U.K. interest rate, even as it forecasts a quarter-point increase by the Bank of England on Thursday.…

FRANKFURT (Reuters) – The European Central Bank’s rate hike on Thursday may have been its last for now but policymakers will need until March to be…

By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders are standing firm on bets that the European Central Bank will cut interest rates next year, challenging…

By Jamie McGeever ORLANDO, Florida (Reuters) -The euro was already poised to weaken further before the European Central Bank’s latest rate decision, but in signaling Thursday’s…