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Macroeconomics

Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll

By Mumal Rathore BENGALURU (Reuters) - The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were...

Philly Fed's factory gauge surges by most since June 2020

(Reuters) - A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in January, with new orders and shipments both...

Golf-LIV Golf signs multi-year media rights deal with Fox Sports

(Reuters) - Fox Sports has signed a multi-year media rights agreement with LIV Golf to broadcast its league competition in the U.S. starting next month, the network announced on...

US import prices remain tame in December

WASHINGTON (Reuters) - U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by weakness elsewhere, which...

UBS cuts UK GDP forecasts for 2024/2025

- The UK economy returned to growth in November, but the smaller-than-expected expansion has prompted UBS to cut its GDP forecasts for 2024 and 2025. UK gross...

Analysis-Ukrainian migrant exit could squeeze Eastern Europe's economies

By Libby George VIENNA (Reuters) - Eastern European nations confronting a plethora of economic threats fuelled by war on their doorstep may face fresh pressure if peace is reached...

Novo Nordisk, other companies meet Danish prime minister following Trump's Greenland threat

COPENHAGEN (Reuters) -The CEO of obesity drugmaker Novo Nordisk (NYSE:NVO) and heads of other Danish companies met on Thursday with Denmark's Prime Minister Mette Frederiksen to...

Policy uncertainty clouding the US economic outlook for 2025, Wells Fargo says

- The US economy has entered 2025 with a "strong head of steam" although uncertainty around President-elect Donald Trump's policy plans has clouded the outlook for...

ECB minutes show officials leaning towards more rate cuts amid growth, inflation concerns

The European Central Bank (ECB) released the minutes of its December meeting, revealing a growing inclination towards monetary easing. The discussion mainly revolved around the...

Republicans in Congress warn rising US bond yields could hit Trump's tax cut plans

By David Morgan WASHINGTON (Reuters) - Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's...

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