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Economy

Top IKEA retailer warns in Davos that tariffs could drive prices higher

By Divya Chowdhury and Helen Reid DAVOS, Switzerland (Reuters) -For budget furniture retailer IKEA, the fewer trade tariffs there are, the better,…
Economy

Column-BoE could slow QT to hold off bond vigilantes 

By Mike Peacock , (Reuters) – Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to…
Economy

EU to approve new French deficit-cutting plan on Tuesday

BRUSSELS (Reuters) – European Union finance ministers will approve French Prime Minister Francois Bayrou’s deficit-cutting plan on Tuesday as it complies with…
Economy

Top Canadian banks quit global climate coalition ahead of Trump inauguration

By Nivedita Balu TORONTO (Reuters) -Four of Canada’s biggest lenders said on Friday they were withdrawing from a global banking sector climate…
Economy

Wars top global risk as Davos elite gathers in shadow of fragmented world

(This Jan. 15 story has been refiled with an amended comment from the WEF Managing Director in paragraph 4) By Elisa Martinuzzi…
Economy

Macquarie strategist reflects on lessons from the Carter administration

Investing.com — With market participants remaining uncertain about the future direction of U.S. inflation and interest rates, Macquarie’s note on Wednesday turned to…
Economy

How sustainable is the rise in global bond yields?

Investing.com — There has been widespread debate about the sustainability of recent increases in global bond yields, as well as their potential…
Economy

India likely to cut disinvestment goal by 40% for FY25, Economic Times reports

MUMBAI (Reuters) – India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to…
Economy

US awards Moderna $590 million for bird flu vaccine development

(Reuters) -The U.S. government has awarded Moderna (NASDAQ:MRNA) $590 million to advance the development of its bird flu vaccine, as the country…
Economy

How should Mexico and Canada react to incoming tariffs?

Investing.com — As the United States contemplates a sweeping 25% tariff on imports from Canada and Mexico, the two nations face critical…
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