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The UK private sector slipped from solid growth to stagnation after the budget as a closely-watched survey showed firms gave a “clear thumbs down” to UK Chancellor Rachel Reeves’ fiscal plans.
Prime Minister Pedro Sanchez is heading into a major stand-off with the Spain’s biggest banks after slapping them with an increase of a windfall tax.
India’s benchmark equity gauge headed for its biggest gain since early June, boosted by lenders and market heavyweight Reliance Industries.
Euro-area business activity unexpectedly shrank in November, a sign of the damage being wrought by political chaos and heightened discord over trade.
Snow and ice are disrupting transport and straining power grids, after the first major storms of the winter season hit northern Europe.
Northvolt AB said its chief executive officer, Peter Carlsson, is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.
The contraction in Germany‘s private-sector activity worsened in November, dealing another blow to an economy that’s now grappling with a government collapse alongside flat-lining growth.
Commerzbank AG’s Bettina Orlopp said she could conceivably seek approval to pay out more than 100% of profit, as the German lender works to defend itself against a potential takeover by UniCredit SpA.
Chinese President Xi Jinping visited Morocco on his way home from the Group of 20 summit in Brazil, underscoring Beijing’s push to develop ties with Africa.
Ukraine’s parliament canceled Friday’s plenary session due to the threat of a possible attack on Kyiv’s government district, according to lawmakers.
Israel’s Prime Minister Benjamin Netanyahu severely criticized the International Criminal Court for issuing arrest warrants against him and a former minister, and said his government won’t be deterred from continuing its war against Hamas in Gaza.
China will attempt to boost exports further, with Beijing promising to support its firms to increase shipments despite a rising global backlash over an influx of cheap Chinese goods.
European Central Bank President Christine Lagarde said Europe’s continuing struggle to innovate and the souring geopolitical backdrop make it even more imperative to unite its capital markets.
China will restart visa-free entry for Japanese nationals to facilitate business and tourism as both countries seek to shore up ties.
Private-sector business activity in France plunged at the quickest rate since the start of the year as political and geopolitical uncertainties drove an unexpected slump in the services sector.
The head of France’s state auditor, Pierre Moscovici, said the country needs political stability to tackle its high budget deficit and warned against a snap presidential election before Emmanuel Macron’s term ends in 2027.
