Labor groups sue Trump administration over mass firings of probationary employees
Several labor groups sued the Trump administration for allegedly firing tens of thousands of probationary employees illegally, as part of…
Analysis Decoupling from Russian energy: Beyond security, an economic leap for Central and Eastern Europe
Decoupling from Russian energy isn’t just about keeping the lights on. It’s about sparking local industries, drawing investment, and fuelling…
Almost 90% of Japanese companies see Trump as bad for business, Reuters survey shows
Almost nine out of 10 Japanese companies expect U.S. President Donald Trump’s policies to negatively affect business, a Reuters survey…
Fed’s Jefferson says Fed can take time on next interest rate decision
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary…
Trump says he’ll work with Republicans in Congress to ‘dramatically’ cut taxes
U.S. President Donald Trump said he is going to work with Republicans in Congress to significantly reduce taxes for individuals…
Trump says trade deal with China is ‘possible’
U.S. President Donald Trump said that a trade deal with China was possible, even as his recent tariffs against the…
UK factories expect gentle pickup over next three months, CBI says
British factories expect a modest upturn in output over the next three months despite a weak backdrop due to higher…
UBS expects BoE to deliver only three rate cuts this year after strong data
UBS Global Research expects the Bank of England (BoE) to deliver a total of 75 basis points of interest rate…
Optimism for more EU joint debt lowers risk premia for France, Italy
The extra premium that heavily indebted governments like France and Italy must pay to borrow hit new lows on Wednesday,…
Job loss fears may explain disappointing euro zone consumption, ECB blog argues
Reduced workloads faced by some employees may make them save up excessively out of fear of losing their jobs, a…