Szu Ping Chan Economics Editor Szu Ping Chan Related Topics
18 November 2024 7:00am GMT
Illustration of Rachel Reeves framed and reflected by City skyscrapers
Rachel Reeves says she believes the City of London is the “crown jewel” of Britain’s economy.
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In Asia on Monday, traders will be watching a speech and media briefing by Bank of Japan Governor Kazuo Ueda for indications of the central bank’s next policy move after officials raised concerns over the rapid weakening of the yen.
In Asia on Monday, traders will be watching a speech and media briefing by Bank of Japan Governor Kazuo Ueda for indications of the central bank’s next policy move after officials raised concerns over the rapid weakening of the yen.
Photographer: Kentaro Takahashi/Bloomberg
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Updated Fri, Nov 15 20244:17 AM EST
April Roach@April__Roach Article via Facebook
Published Fri, Nov 15 20242:05 AM EST
Key Points Gross domestic product fell by 0.1% in September, following growth of just 0.2% the previous month. Economists polled by Reuters had expected growth of 0.2% for September. For the third quarter as a whole, the British economy grew just 0.1% compared to the previous quarter, below the 0.2% growth expected by economists.
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Will Ross
Africa regional editor, BBC News
Getty Images A close-up of Aliko Dangote as he gives a television interview in New York, US, on 23 September 2024. He is wearing glasses and has short, grey hair
Getty Images
Aliko Dangote made his money through sugar and cement
Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.
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Filip De Mott
David Einhorn, President, Greenlight Capital, Inc. speaks during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid
David Einhorn, President, Greenlight Capital, Inc. Reuters
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Bram Berkowitz
The Motley Fool
Investing doesn’t have to be complex. You don’t need to do hours and hours of research on individual names and try to find the next 10-bagger. Most experts would agree that if your time is limited and you can’t do the necessary research, choose diversity.
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U.S. equity funds see robust inflows on corporate earnings optimism November 15, 20246:54 AM PST
By Reuters
Updated 3 days ago
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights
Nov 15 (Reuters) – U.S. equity funds witnessed a significant boost in investor demand in the week through Nov. 13, fueled by optimism that Donald Trump’s return to office would enhance the outlook for U.S. corporate earnings.
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By Jacob Bogage
November 16, 2024 at 6:00 a.m. EST
Trump government efficiency advisers Elon Musk and Vivek Ramaswamy have pledged not to bring a chisel to government spending, but rather “a chainsaw.” The particular approach Ramaswamy has in mind could threaten dozens of programs that tens of millions of Americans rely on each day.
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By Ed Yardeni and Eric Wallerstein
First Published: Nov. 13, 2024 at 7:40 a.m. ET
President-elect’s trade policies are still uncertain, but here are some potential pros and cons
Last Updated: Nov. 16, 2024 at 11:41 a.m. ET
It’s unlikely that tariffs can raise a meaningful amount of revenues that somehow shrink the federal deficit — that would have to come from spending cuts.
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Nov 15, 2024, 2:16 pm EST
By Randall W. Forsyth
Elon Musk speaks during a Trump campaign rally at Madison Square Garden on October 27. (Anna Moneymaker/Getty Images)
Is there anything Elon Musk can’t do? After defying skeptics who said he couldn’t sell two million Teslas, or launch and retrieve rockets from space, slashing $2 trillion a year from the federal budget should be easy-peasy, according to his legions of fans.
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