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Financial News Around the World

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.

Published 31 October 2024
Categorised as Finance News

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says

Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.

Published 31 October 2024
Categorised as Finance News

Jack Dorsey’s payments company Block expands corporate card service to the UK

Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.

Published 31 October 2024
Categorised as Finance News

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Published 31 October 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Starbucks, Coinbase and more

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

Published 30 October 2024
Categorised as Finance News

The Trump-linked stocks set to make wild moves as election approaches

These stocks have already seen wild swings — and the volatility could just be getting started.

Published 30 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and more

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

Published 30 October 2024
Categorised as Finance News

Ray Dalio is concerned about America postelection: ‘Both candidates worry me’

Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.

Published 30 October 2024
Categorised as Finance News

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

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