By Jorge Garcia and Mike Blake LOS ANGELES (Reuters) – A rapidly growing wildfire raged across an upscale section of Los Angeles on Tuesday, destroying numerous buildings and creating traffic…
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FRANKFURT (Reuters) – Euro zone households could keep saving a large portion of their income to rebuild wealth lost to high inflation, the European Central Bank argued, suggesting lacklustre consumption…
Germany’s front-runner for chancellor won’t commit to new NATO spending target
BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become chancellor in next month’s election, said Germany would spend more on defence but would not commit to a NATO…
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given slowed progress on inflation and a still-strong…
COPENHAGEN (Reuters) – Greenland’s leader will meet the Danish king in Copenhagen on Wednesday, after U.S. President-elect Donald Trump said he wanted to take control of the Arctic island, an…
Eurozone survey indicates stagnant economy and persistent inflation pressures
Investing.com — The Economic Confidence (EC) survey suggests a stagnant euro-zone GDP in the fourth quarter, along with continued inflationary pressures, according to Capital Economics’ survey results. The survey’s findings…
Investing.com – US stock futures inch up after a solid set of economic figures contributed to a slide in equities in the previous session. More data on Wednesday could give…
China says U.S. suspicion of security risks in Chinese drones is ‘irresponsible’
BEIJING (Reuters) – China called the United States “extremely irresponsible” for “groundlessly suspecting” there are information security risks in China’s drone systems, its commerce ministry said on Tuesday. China is…
Investing.com – The new year has arrived, and Deutsche Bank (ETR:DBKGn) highlights eight themes that the bank thinks will shape the UK economy in 2025. “It’s not all doom and…
BEIJING (Reuters) – China attaches “great importance” to the remarks of Donald Trump, the foreign ministry said in response to comments on Monday from the U.S. President-elect saying he has…