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Economic News
EU leaders to debate economic security amid global tensions
GRANADA, Spain (Reuters) - European Union leaders will debate on Friday how their bloc can strengthen its competitiveness, be at the…
Bond markets brace as oil climbs toward $100 a barrel
By Marc JonesLONDON (Reuters) - World stocks were on track for their longest losing streak in two years on Thursday as the sight of oil…
Volkswagen offices searched in connection with works council salaries
BERLIN (Reuters) - Prosecutors have searched four Volkswagen (ETR:VOWG_p) locations on allegations of excessive salaries for members of the…
Analysis-Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed
By Hannah LangWASHINGTON (Reuters) - PayPal (NASDAQ:PYPL)'s stablecoin is likely to succeed where Facebook's failed, thanks to the…
Analysis: Why is China not rushing to fix its ailing economy?
By Laurie Chen and Yew Lun TianBEIJING (Reuters) - With China at risk of tipping into prolonged stagnation and a spiralling property…
Markets on guard for US, China inflation risk
By Nell MackenzieLONDON/SYDNEY (Reuters) -World shares dipped on Monday after a mixed U.S. jobs report triggered a rally in beaten-down…
Equities inch up; dollar heads for third weekly gain ahead of US payrolls
By Amanda Cooper and Elizabeth HowcroftLONDON (Reuters) - Global equities inched higher on Friday, while the dollar headed for a third…
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told German…
IMF chief: Prospects for medium-term global growth weak
GANDHINAGAR, India (Reuters) - Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects…
Wall St slides as labor data stokes rate hike concerns
(Reuters) - Wall Street's main indexes opened lower on Thursday as data signaling a resilient labor market and hawkish minutes of the…