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Financial News Around the World

Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared

Britain’s Labour government on Wednesday announced plans to raise the rate of capital gains tax on sales of shares — the move was less severe than feared.

Published 30 October 2024
Categorised as Finance News

Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession

Germany’s inflation surged to 2.4% in October, back above the European Central Bank’s 2% target, even as the country narrowly avoided a technical recession in the third quarter.

Published 30 October 2024
Categorised as Finance News

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

ADP said it was the best month for job creation since July 2023.

Published 30 October 2024
Categorised as Finance News

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

The new development at the Bahia Mar marina will include a hotel, condo towers, a beach club, restaurants and retail space, according to the plans.

Published 30 October 2024
Categorised as Finance News

U.S. economy grew at a 2.8% pace in the third quarter, less than expected

Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.

Published 30 October 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Eli Lilly, Caterpillar, VinFast, Alphabet and more

These are the stocks posting the largest moves in premarket trading.

Published 30 October 2024
Categorised as Finance News

Trump Media’s stock surge: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news on Trump Media.

Published 30 October 2024
Categorised as Finance News

Euro zone growth hits two-year high of 0.4%, beating expectations

Economists polled by Reuters expected 0.2% growth following the bloc’s 0.3% expansion in the second quarter.

Published 30 October 2024
Categorised as Finance News

China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car

The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.

Published 30 October 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Alphabet, Visa, Chipotle, AMD and more

These are the stocks posting the largest moves in extended trading.

Published 29 October 2024
Categorised as Finance News

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