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Macroeconomics

Mersen delays targets by two years on weak materials demand for EVs

By Nathan Vifflin and Anna Peverieri (Reuters) -Mersen pushed back its financial targets until 2029 on Thursday due to a temporary slowdown in the electric vehicle and silicon...

Risk is back on the menu for sovereign and public funds, survey shows

By Libby George LONDON (Reuters) - Sovereign and public funds managing $6.5 trillion are putting risk back on the menu as inflation fears fall from the list of top concerns, and...

AI startup Cohere to prioritize customized over larger models in enterprise push

By Krystal Hu Canadian AI startup Cohere, last valued at $5.5 billion, will focus on building tailored models for enterprise users over larger foundation models, the company told...

Starmer pledges measurable 'milestones' to rebuild Britain after rocky start

By Alistair Smout and Elizabeth Piper IVER, England (Reuters) -Prime Minister Keir Starmer pledged on Thursday to deliver on his priorities to rebuild Britain by offering voters...

UK's Starmer says he has not watered down economic growth pledges

LONDON (Reuters) - British Prime Minister Keir Starmer said on Thursday that he had not watered down the his ambition for Britain to become the fastest growing economy in the...

Economic impact of French political turmoil seems limited and contained- EU

BRUSSELS (Reuters) - The economic impact of political turmoil in France on the rest of the European economy seems contained and rather limited, but the European Commission is...

Senior housing market sees modest gains, high costs

Cambridge Realty Capital has reported key findings from the senior housing capital markets in 2024, noting operational improvements despite enduring financial challenges. The...

Macron hunts for new PM as government resignation looms

By Dominique Vidalon and Lucien Libert PARIS (Reuters) -French President Emmanuel Macron was meeting allies and senior politicians on Thursday as he sought to swiftly appoint a...

ECB to cut rates by 25 bps on Dec. 12; at least four more likely in 2025- Reuters poll

By Indradip Ghosh BENGALURU (Reuters) - The European Central Bank will trim 25 basis points (bps) from its deposit rate on Dec. 12, according to all but two of 75 economists...

Denmark raises 2025 GDP outlook, benefits from Novo Nordisk's growth

COPENHAGEN (Reuters) - Denmark has again raised its outlook for economic growth, fuelled by the expansion of the country's pharmaceutical industry and in particular by weightloss...

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