Business News

(Reuters) – The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published on Monday. “Once … the disinflation process (is) completed, then I think monetary policy needs to be essentially forward-looking, and … Read more

Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. The EU’s new industry chief has called for a “Europe first” strategy for key business sectors, in a bid to prevent the bloc becoming collateral damage in a potential global trade war sparked by Donald … Read more

‘Cut Federal Taxes To ZERO,’ Says Grant Cardone. Here’s Why He Believes Zero Federal Taxes Would Lead To ‘Age Of Prosperity And Affluence’ Grant Cardone, the well-known entrepreneur and real estate mogul, has stirred up social media with his bold call to “cut federal taxes to zero.” Cardone, famous for his no-nonsense opinions on money … Read more

sasirin pamai Retail sales in Australia increased by 0.6% M/M in October 2024, surpassing market expectations of a 0.3% gain and accelerating from a modest 0.1% rise in September, which supported views that rate cuts in Australia are still some months away.

MANILA (Reuters) – President Ferdinand Marcos Jr. said on Monday the reported presence of a Russian submarine in the Philippine’s exclusive economic zone (EEZ) in the South China Sea was “very worrisome”. The Philippine Daily Inquirer newspaper reported on Monday that a Russian attack submarine surfaced inside Manila’s EEZ last week, citing security sources. “That’s … Read more

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’  The idea of America as an exceptional nation, superior to its rivals and therefore destined to lead the world, … Read more

By Tom Sims, John O’Donnell and Valentina Za MUNICH/FRANKFURT/MILAN (Reuters) -Just days before UniCredit CEO Andrea Orcel set his sight on a takeover target in Italy, more evidence emerged of fierce resistance to his interest in German flagship lender Commerzbank (ETR:).  A group of customers from Germany’s corporate elite pleaded with Commerzbank’s CEO to reject … Read more