Category: Business News

Stay informed with free updates Simply log in to German economy myFT summary — delivered straight to your inbox. The head of Germany’s Bundesbank has called on Berlin to ease strict spending rules, warning that Europe’s biggest economy faces a “complicated” and “weak” outlook. Germans are due to go to the polls in February, and…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. South Korean President Yoon Suk Yeol faced mounting calls for his impeachment on Wednesday after his failed attempt to impose martial law sparked the country’s worst constitutional crisis in decades. Opposition lawmakers called on him to…

(Reuters) – Australia’s competition watchdog said there was a need to review efforts to provide more choice for Internet users, citing Google’s (NASDAQ: ) dominant search engine market share and the failure of its rivals to capitalize on the boom in artificial intelligence. A report by the Australian Competition and Consumer Commission said that while…

BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) rose 0.95% in November from a year earlier, boosted by higher food and energy prices, after an annual increase of 0.83% the previous month, the ministry said on Wednesday shops. The figure, compared with a 1.1% rise forecast in a Reuters poll, was below the central…

SHENZHEN, China, December 3, 2024 /PRNewswire/ — This December VAPORESSO, a prominent name in the vaping industry, continues its unwavering commitment to sustainability by announcing the launch of its Global Environmental Empowerment Initiative “CLEAN POWER FOR ALL”. This initiative encompasses a range of impactful activities online and offline. Through the development of environmentally friendly products,…

VIENNA (Reuters) – It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month, but not more, ECB policymaker Robert Holzmann said in a newspaper interview published on Wednesday . Investors expect the ECB to cut interest rates at each of its upcoming…

Investing.com– The Australian dollar fell sharply on Wednesday after weaker-than-expected gross domestic product data fueled increased bets that the Reserve Bank will cut interest rates earlier in 2025. The pair slipped 1.1% to $0.6411 by 22:30 ET (0330 GMT). The third quarter rose 0.8% year-on-year, missing expectations of 1.1% and slowing from the 1% reported…

REDWOOD CITY, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for patients with RAS-dependent cancers, today announced pricing for 14,130,436 shares of its common stock at a public offering price of $46.00 per share, previously taking discounts and commissions, and, instead of ordinary shares,…

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) – Taiwan’s top politician in China said on Wednesday that Chinese military threats would only drive the two sides further apart, while state media in the island’s giant neighbor warned of a strong reaction to a US visit by Taiwan’s president. China, which claims democratic Taiwan as…

A judge this week halted a comprehensive effort to grant Tesla CEO Elon Musk a pay package now estimated at $100 billion. On 101 pages opinionChancellor of the Delaware Court Kathleen McCormick refused to overturn the previous decision to terminate Musk’s salary. In essence, she wrote, the defense arguments representing Tesla and some of the…