global-economy
HeadlinesExclusive-Trump Could Pursue Streamlined Initial Deal on Ukraine Minerals, Sources Say
FinanceSuez Canal Authority Says Stability Returning to Red Sea
FinanceGlobal Equity Funds Draw Biggest Weekly Inflow in Five Weeks
FinanceVolkswagen Considers US Production Sites for Audi, Porsche Brands, Handelsblatt Reports
Oil Settles up Over 1% on Large Draw From US Crude Stocks
Date: January 24, 2025
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from...
Trump's Return to White House Will Bring Trade Ructions, StanChart CEO Says
Date: January 21, 2025
LONDON (Reuters) - Global trade flows will suffer from "interesting ructions" as the new administration of U.S. President Donald Trump settles in, Standard Chartered CEO Bill Winters said during a...
International Reaction to Trump's Inauguration
Date: January 20, 2025
(Reuters) - The following is reaction from global leaders to Donald Trump being sworn in as U.S. president on Monday. KEIR STARMER, BRITISH PRIME MINISTER "For centuries, the relationship between our...
Oil Heads for Weekly Gain on China Stimulus Hopes
Date: December 27, 2024
By Alex Lawler LONDON (Reuters) -Oil rose slightly on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world’s biggest oil importer, and by forecasts of lower U.S. inventories. Analysts polled by Reuters had expected U.S. crude stocks to have declined by about 1.9...
Oil Prices Rise in Thin Pre-Holiday Trade
Date: December 24, 2024
By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term market outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures were up 88 cents, or 1.2%, at $73.51...
Global Hunger Crisis Deepens as Major Nations Skimp on Aid
Date: December 24, 2024
(Reuters) – It’s a simple but brutal equation: The number of people going hungry or otherwise struggling around the world is rising, while the amount of money the world’s wealthiest nations are contributing toward helping them is dropping. The U.N. also will end 2024 having raised about 46% of the $49.6 billion it sought for...