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Global economy set to cruise at a solid 3% growth rate next year
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Inflation-boosting UK budget hits bets on Bank of England rate cuts
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UK’s Reeves faces heat for weak growth despite tax-and-spend budget
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Spain hunts for missing after deadly floods, more storms forecast
Pope Francis tells Vatican media operations to expect budget cuts
Date: October 31, 2024
By Joshua McElwee VATICAN CITY (Reuters) – Pope Francis on Thursday told employees of the Vatican’s extensive multi-language media operations to expect budget cuts as part of wider belt-tightening efforts that have recently targeted cardinals. In a meeting with the department that oversees the Vatican’s newspaper, TV operations, and radio and internet broadcasts, the pope...
Temu considers joining European anti-counterfeit group
Date: October 31, 2024
By Helen Reid LONDON (Reuters) -Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters. The “Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet” is a...
Allianz Trade Launches Surety Green2Green
Date: October 31, 2024
Allianz Trade powers the future of low-carbon technologies and renewables with Surety Green2Green Allianz Trade introduces Surety Green2Green, a bold new solution aimed at accelerating the sustainable transition of the global economy. Through this product, Allianz Trade enables its clients to engage in low-carbon technologies and renewables projects through issuance of surety bonds and guarantees...
North Macedonia’s UNESCO World Heritage site Lake Ohrid at risk from pollution
Date: October 31, 2024
OHRID, North Macedonia (Reuters) – Lake Ohrid, a UNESCO World Heritage site that straddles North Macedonia and Albania, is at risk from pollution, overfishing, and urban development, the United Nations body and experts say. The lake, one of Europe’s oldest dating back 3.5 million years, is home to around 200 unique species, including rare varieties...
Stellantis to recall over 33,000 Ram trucks, NHTSA says
Date: October 31, 2024
(Reuters) – Chrysler parent Stellantis will recall about 33,777 Ram 1500 pickup trucks in the U.S., over a concern related to the electronic stability control system, the National Highway Traffic Safety Administration said on Wednesday. The front wheel hub encoder rings may be damaged, which can disable the electronic stability control system, the NHTSA said....
ECB does not need to stimulate economy, Schnabel says
Date: October 31, 2024
FRANKFURT (Reuters) -European Central Bank board member Isabel Schnabel pushed back on Wednesday against calls for ultra-easy monetary policy, arguing that inflation was unlikely to ease below its 2% target so gradual rates cuts remained appropriate. Policy doves, mostly from the euro zone’s south, raised concern last week that inflation could fall too far and...