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Financial News Around the World

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Published 13 February 2025
Categorised as Finance News

Wholesale prices rose 0.4% in January, more than expected

The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale

Chinese businesses are tapping DeepSeek’s newest AI model to see how it can improve productivity.

Published 13 February 2025
Categorised as Finance News

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