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US fiscal health risks increase after Trump election, says Moody's

NEW YORK (Reuters) - The U.S. fiscal health is at higher risk after the election of Republican Donald Trump as the next U.S. president and given the likely composition of...

Scholz calls for cool heads to pull Germany out of political crisis

By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Chancellor Olaf Scholz on Friday demanded a calm debate from Germany's squabbling factions on setting the date for a snap...

Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December

(Reuters) - Major brokerages including J.P.Morgan, Barclays (LON:BARC) and Goldman Sachs retained their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal...

Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle

By Casey Hall SHANGHAI (Reuters) - Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened its first store in...

Trump adds to internal strife stalling EU competitiveness push

By Philip Blenkinsop and Anita Komuves BUDAPEST (Reuters) -The European Union's goal of boosting competitiveness to catch up with rivals the United States and China has gained...

Texas' port Freeport briefly suspends inbound vessels traffic due to weather

(This Nov. 5 story has been corrected to say that the inbound vessels traffic was briefly suspended due to weather conditions, not tropical weather systems, in the headline and...

Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out

By Emma Farge GENEVA (Reuters) - The world was hit by so many floods and landslides in 2024 that it triggered the aid sector's first multi-disaster insurance pay-out, the Red...

Canada adds fewer jobs than expected in October, wages rise

By Promit Mukherjee OTTAWA (Reuters) -Canada added a fewer-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy...

Column-Powell's words matter, but his actions matter more: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) - If bond investors take away one lesson from the last few years, it's this: pay attention not so much to what Jerome Powell says, but...

China's latest stimulus falls short of expectations

By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - Investors hoping China would announce extra fiscal buffers for an economy girding for another Donald Trump...

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