Swedish Moderates Strike Coalition Deal, Sweden Democrats To Back New Government
Sweden's largest right-wing party, the anti-immigration Sweden Democrats, will not be part of the government but has agreed to support its formation, marking the first time it will have direct influence on policy.
Futures Tick Down Ahead Of Big Bank Earnings, Retail Sales Data
The results are expected to show a slide in net income as turbulent markets choked off investment-banking activity and lenders set aside more rainy-day funds to cover losses from borrowers who fall behind on their payments.
Russia Drops Criminal Case Against Top Economist Mau - Sources
It was not clear why authorities had dropped the case - a decision that one of the sources said was taken late on Thursday.
Biden To Sign Order Seeking New Prescription Drug Cost Savings - Official
Biden plans to sign the order during a trip that includes stops in California on Friday and Oregon on Saturday as he positions his party as a champion of lower healthcare costs ahead of Nov. 8 midterm elections at a time that inflation ranks among voters' top concerns.
Singapore Announces S$1.5 Billion Support Package For All Singaporean Households
The package includes cash, vouchers and public transport subsidies mainly for lower- to middle-income citizens, according to a statement from the Ministry of Finance.
Singapore Tightens Policy, Keeps Door Open For More Moves On Hot Inflation
The move by the Monetary Authority of Singapore (MAS) coincided with separate data showing the city-state's economy outperformed in the third quarter.
Belgian PM Warns Of Blackouts If Energy Prices Capped
The federal government earlier announced cuts to public buildings' power consumption and a tax on the profits of energy companies such as Engie and TotalEnergies.
Exclusive-NHS Drafts Stricter Oversight Of Trans Youth Care
The guidelines are part of a wide-ranging review of treatment for young transgender people seeking NHS care.
Lula Plans Broad Brazil Consumer Debt Renegotiation, Adviser Says
Nearly 70 million Brazilians have been blacklisted by credit scoring agencies after the pandemic and surging inflation battered families' budgets, weighing on an economic rebound.
Italy's Giorgetti Gets Meloni's Backing To Be Economy Minister
Giorgetti, first elected to parliament in 1996, was industry minister in Mario Draghi's outgoing government and served for 10 years as president of the lower house budget committee.
Airbus And Qatar Airways Face Off Again In Court Over A350
Qatar Airways is suing Airbus over damage to the painted surface and anti-lightning system on A350 jets, saying safety could be at risk from a design defect.
Argentine Executives Expect Already Sky-high Inflation To Go Higher
The poll conducted by D'Alessio IROL consultancy showed that 70% of executives who responded to the survey believe inflation will increase "significantly" this year while another 21% see a "moderate" rise in consumer prices.
Is This A Drill? Upcoming Russian Nuclear Exercises A Challenge For The West
Russia typically holds major annual nuclear exercises around this time of year, and U.S. and Western officials expect them perhaps in just days.
Venezuelans Fret Over New U.S. Border Plan, Saying 'We Can't Go Back'
Under the plan announced Wednesday, Washington will grant up to 24,000 Venezuelans humanitarian access to the United States by air, while enabling U.S. officials to expel to Mexico those caught trying to cross illegally by land.
Analysis-Chinese Property Developers On Tenterhooks Ahead Of Communist Party Congress
While there is no consensus in the property industry on what specific sector measures, if any, are expected from the party congress - or in its immediate aftermath - and how far-reaching they could be, developers are nevertheless sitting tight.
German Car Industry Baulks At Supplier Demands Over Energy Hikes
More and more suppliers are calling on the industry to renegotiate contracts to include energy clauses so they can cover the cost of rising bills.
Spanish Finance Minister Calvino Says Drop In Inflation Is Accelerating
Economic activity in the eurozone has been hit by the financial fallout from Russia's invasion of Ukraine, triggering an increase in gas and power prices that the central bank said would affect the domestic economy in coming quarters.
Column-G7 'Recognizing' FX Disruption Is Damp Squib :Mike Dolan
Their joint communique released by the U.S. Treasury late on Wednesday did give Japan something - but it was thin gruel.
BoE's Repo Facility To Ease Pension Pain Is No Silver Bullet, Sources Say
Banks are reluctant to increase their lending to LDI funds through the repo facility, according to one official at a European bank.
Exclusive-Ukraine Nuclear Chief: Zaporizhzhia Plant Does Not Need Russian Fuel
Energoatom chief Petro Kotin told Reuters in an interview there were two years' worth of fuel supplies stored at the six-reactor plant, which is still operated by Ukrainian staff.
India Festival Spending Booms Despite Inflation Worries, Global Slowdown
Online and offline sales during the Hindu festival period starting in the last week of September and lasting until early November are estimated to cross $27 billion, almost double the amount in the same pre-COVID period in 2019.
EU Leaders May Back New Gas Price Benchmark, Document Shows
The leaders are set to meet on Oct. 20-21, days after the European Commission intends to propose measures to tackle an energy crisis that is driving inflation and damaging economies across the bloc.
IMF Chief To UK Officials: Keep Calm And Get Coherent
The IMF chief said that any recalibration of policies should be led by evidence. And right now, the evidence points to the need for governments to keep up their fight against inflation.
Iraq Elects New President And Premier, Ending Stalemate
The presidency, traditionally occupied by a Kurd, is a largely ceremonial position, but the vote for Rashid was a key step toward forming a new government, which politicians have failed to do since the election.
Oil Edges Up On Weaker Dollar, Low US Diesel Stocks
"The softened U.S. dollar and the strong rebound in risk assets lifted oil prices, the rebounding momentum may continue into today's Asian session," said Tina Teng, an analyst at CMC Markets.
Massive Turnaround For Stocks Puts Traders On Alert For More Volatility
In total, the index swung 5.4 percentage points on the day to close up 2.6%.
Cardinal Asked Vatican Police To Keep Woman's Embezzlement Secret, Court Told
Commissioner Stefano De Santis, a financial crimes specialist, testified for the second consecutive day as a prosecution witness against Cardinal Angelo Becciu, once the third-most powerful person in the Vatican and now among 10 defendants on trial on charges of corruption and other financial crimes.
Canada Energy IPOs Tough Sell Even As Institutions Return To Sector
French oil major TotalEnergies will be the first major test of energy investor interest for new listings.
Afghans In UAE Facility Are 'Psychologically Suffering,' Canada Refugee Says
Residents in the camp, called Emirates Humanitarian City, have been housed there awaiting transfer to another country since fleeing Afghanistan after the Taliban takeover last year.
IMF Sees Japan's Currency Intervention As 'Signaling' Move With Short-term Impact
Some investors speculate the BOJ could tweak YCC and allow Japanese yields to rise more to moderate the pace of yen falls.