Category: Money

World Money and Markets in the news

UK Chancellor Rachel Reeves to Raise Taxes in Autumn Budget | Bloomberg Daybreak: Europe 10/30/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

UBS CEO Sergio Ermotti on Earnings and Why He’s Wary of US Election Risks

UBS CEO Sergio Ermotti discusses the integration of Credit Suisse, the US election and the outlook for inflation. He also…

Nigeria Economy: Naira Hits Record Low as Dollar Liquidity Plunges

Nigeria’s naira fell the most in about two weeks to a record low of 1,670.65 to the dollar on Monday. The…

VW’s Profitability Is the Lowest Since the Covid-19 Pandemic

Volkswagen’s operating margin shrank to the lowest since the Covid-19 pandemic forced the carmaker to idle production and shutter showrooms….

US Election Latest: Harris Pitch, Trump Rally, ‘Garbage’ Controversy

Democratic presidential candidate Kamala Harris delivered her closing argument from the National Mall, Republican Donald Trump rallied in the swing state of…

Zimbabwe’s ZiG to Become Country’s Sole Currency

Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the…

UK Budget: What to Expect From Rachel Reeves

UK Chancellor of the Exchequer Rachel Reeves will present the autumn budget on Wednesday. It will include a major package…

Hezbollah Announces Qasem to Replace Nasrallah as Leader

Hezbollah announced Naim Qasem will become the militant group’s new leader, replacing long-standing chief Hassan Nasrallah, who Israel killed just over a…

Are US Efforts to Contain China’s Tech Push Faltering?

Despite tariffs, export controls and financial sanctions under different US administrations, China is making steady progress in dominating industries of…

Can Robots and Humans Live in Harmony?

Can robots and humans live in harmony? Japan is using robots to make up for labor shortages due in part…