South African business confidence index rises in November

South African business confidence index rises in November

Workers inspect cars newly manufactured from a nearby plant before being loaded on a cargo ship at a port, in East London, in the Eastern Cape province, South Africa, March 19, 2023. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Dec 13 (Reuters) – South African business confidence rose in November, as tourism and merchandise import … Read more

Argentine President Milei warns economic shock unavoidable in maiden speech

Argentine President Milei warns economic shock unavoidable in maiden speech

BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country’s worst economic crisis in decades, with inflation heading towards 200%. “There is no alternative to a shock adjustment,” he said … Read more

Telangana Election Results Congress Workers Celebrate As Latest Trends Show Lead On 51 seats BRS 29 BJP in 6 – BW Businessworld

Telangana Election Results Congress Workers Celebrate As Latest Trends Show Lead On 51 seats BRS 29 BJP in 6 – BW Businessworld

As per official Election Commission of India data as counting of votes progressed in Telangana, Congress was leading on 51 while BRS was leading on 29 the BJP led in 6 seats and the CPI had 1 seat as per Election Commission trends.The majority mark to win the elections is 60 in 119 seats.  Congress … Read more

Second-hand shopping a $1-billion-plus business for Amazon in Europe

Second-hand shopping a $1-billion-plus business for Amazon in Europe

[1/5]Customers visit the Second Chance Store, a new shop selling returned and refurbished products from Amazon’s Second Chance programmes in-person in central London, Britain November 28, 2023. John Nguyen/Handout via REUTERS. Acquire Licensing Rights LONDON, Nov 29 (Reuters) – Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion … Read more

‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Dollar slips on bets US rates have peaked

Dollar slips on bets US rates have peaked

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci Acquire Licensing Rights NEW YORK, Nov 24 (Reuters) – The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector employment … Read more

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Mideast wealth funds draw US scrutiny over China ties – Bloomberg News

Nov 24 (Reuters) – Middle Eastern wealth funds are facing greater U.S. scrutiny as part of a pushback on entities potentially having closer ties to China, Bloomberg News reported on Friday. The Committee on Foreign Investment in the United States is reviewing more than half a dozen deals on concerns of national security risks, including … Read more

India stocks set to hit new highs in 2024 as economy hums

India stocks set to hit new highs in 2024 as economy hums

A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 22 (Reuters) – India’s stock market will hit new highs in the next six months and rise over 10% from here by end-2024, driven by a sustained expansion … Read more

Holiday thins trading after data nudges dollar higher

Holiday thins trading after data nudges dollar higher

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci/File Photo Acquire Licensing Rights SINGAPORE, Nov 23 (Reuters) – Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after … Read more

Dutch election: Wilders’ far-right party set for gains

Dutch election: Wilders’ far-right party set for gains

Dutch will get first new PM in over a decade Polls indicate at least three parties still battle for top spot Talks to form coalition government usually take months Far-right, left, up in recent polls AMSTERDAM, Nov 22 (Reuters) – Voters in the Netherlands cast their ballots on Wednesday in a close election which opinion … Read more