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Australia's government spends its way to bigger budget deficits

SYDNEY (Reuters) -Australia's government on Wednesday trimmed its likely budget deficit for the current fiscal year, but flagged bigger shortfalls ahead due to "unavoidable...

Dollar steady against peers as Fed rate cut looms

By Brigid Riley TOKYO (Reuters) - The U.S. dollar held steady against the yen and other major rivals on Wednesday as investors waited to see whether the Federal Reserve will...

Austrian coalition talks to continue into the new year, party leaders say

VIENNA (Reuters) - Austria's coalition talks will continue into the new year as the three centrist parties involved are only beginning to seriously grapple with how to rein in the...

Bain-backed chipmaker Kioxia's shares rise in market debut

SINGAPORE (Reuters) -Shares of Kioxia rose 3% in their market debut on Wednesday, valuing the Bain-backed chipmaker at 807 billion yen ($5.25 billion). Kioxia, a major...

US Senate advances massive defense bill, despite transgender provision

By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Monday voted overwhelmingly to advance an $895 billion bill setting policy for the Pentagon toward passage as soon as...

Bain's $1.7 billion offer rebuffed by Australia's Insignia on valuation concerns

By Rishav Chatterjee (Reuters) -Australia's Insignia Financial has rejected Bain Capital's A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair...

Brazil lawmakers pass key regulations to enact tax reform

BRASILIA (Reuters) - Lawmakers in Brazil's lower house of Congress approved on Tuesday a bill that includes regulations needed to implement a constitutional tax reform, following...

UK employers hold pay deals at 4% before expected fall in 2025, survey shows

(Reuters) - Pay deals awarded by British employers were steady in the three months to November and are likely to slow next year as companies economise to meet higher tax bills...

Canada pledges beefed-up border, immigration restrictions to appease Trump

By Anna Mehler Paperny TORONTO (Reuters) - Four Canadian ministers publicly unveiled on Tuesday a border security plan they had privately presented to U.S. President-elect Donald...

Chile central bank cuts interest rate but calls for caution

By Fabian Cambero and Brendan O'Boyle SANTIAGO (Reuters) - Chile's central bank cut its benchmark interest rate by 25 basis points to 5.00% on Tuesday, extending an easing cycle...

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