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The Latest Breaking News from Economy

Saudi 2025 Budget Sees Lower Deficit On Spending Trims

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil.

International Business Times

Years of low levels of investment have held Scotland back, Kate Forbes says

The Deputy First Minister and Economy Secretary said private investment is ‘essential’ to growing the economy.

The Independent UK

Trump announces plan to "raise prices"

Despite assurances that he is merely negotiating, Trump's vow to impose tariffs on day one could be disastrous

Salon

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The real reason Spain’s economy is bucking the trend of European decline

The 2022 Startup Law has provided a more favorable legal and financial framework for creating and scaling emerging companies in Spain.

Fortune

3 Key Analyst Upgrades: Why These Stocks Are Getting a Boost

Retail investors have a chance to break down the reasons behind the latest analyst upgrades and why they're being made in these three stocks.

MarketBeat

No Regrets: Merkel Looks Back At Refugee Crisis, Russia Ties

Germany's former chancellor Angela Merkel gives a spirited defence of her 16 years at the helm of Europe's top economy in her memoir "Freedom", released in 30 languages on Tuesday.

International Business Times

Novo Nordisk Foundation CEO dismisses ‘Nokia risk’ to Denmark’s economy

Novo Nordisk Foundation CEO Mads Krogsgaard Thomsen said only 9 million people are using GLP-1s compared with 1 billion people living with obesity.

Fortune

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Is India ready for the Silver Economy? JLL-ASLI report predicts India's senior living housing sector to skyrocket over 300% by 2030

India is home to an impressive 156.7 million senior citizens in 2024, making it the second-largest elderly population in the world. Over the next 25 years, this number is projected to nearly double, reaching 346 million. This dramatic demographic shift can be both significantly challenging and also with immense opportunities.

The Times of India

Levi’s and Jack Daniel’s ‘on tariff hit list’ if Trump targets Britain

PM urged to ‘Trump-proof’ Britain if president-elect imposes levies on UK imports to the US

The Independent UK

Trump threatens Mexico, China, and Canada with tariffs over immigration and drugs

Tariffs would likely have major impact on U.S. economy and North American trade agreement Trump helped negotiate

The Independent UK

Canada Post strike highlights labour struggle over gig economy and precarious work

The Canada Post strike has entered its second week, with no resolution in sight yet. Though a federal mediator is attempting to broker a settlement between the Crown corporation and the Canadian Union of Postal Workers, reports suggest the parties remain far apart.

The Conversation

Badenoch promises to ‘rewire’ economy and slash red tape to compete with China

Kemi Badenoch suggested the system of state bureaucracy was broken as she tried to woo business leaders.

Evening Standard

3 Forces Shaping a Bullish 2025 Outlook

The S&P 500 is on track to hit a new high soon and open the door to another 1,300 basis point rally that could happen before the end of next year.

MarketBeat

Opposition Protests Against Adani's Indictment In India

Protests in Delhi against Adani's indictment in the U.S. for fraud and bribery, sparking debate over his influence in India's economy.

Top News

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Fortune

Bosch extends unwanted 4-day week to 10,000 employees amid Germany struggles

Robert Bosch, which employes around 429,000 people, is overhauling its workforce as the company struggles with Germany’s flatlining economy.

Newslaundry

Textile waste a growing environmental concern

The last quarter of each year is chock-full of festivals--which, traditionally, is when Indians shop for new clothes, spurred on by myriad sales and big discounts.

The Conversation

NZ’s new cultural policy will be called Amplify. It is timely and needed, but not ambitious enough

The arts and cultural activity of Aotearoa New Zealand enhances our global reputation, grows our economy and brings us fulfilment as individuals. But more could be done to realise the full economic, social and wellbeing potential of our country’s creative arts.

The Independent UK

Bar staff to be trained to spot drink spiking

The Government says it is committed to halving violence against women and girls in the next decade.

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news in one place.

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Evening Standard

Thousands of bar staff to be trained to spot drink spiking

The Government says it is committed to halving violence against women and girls in the next decade.

Fortune

Russia’s war economy is on its last legs, but peace may be even worse for Vladimir Putin, experts say

“Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems.”

The Independent UK

Mother melts down after plane passenger refuses to give up Economy Plus seat so she could sit with her son

‘Whenever ANYONE is asking to swap seats, it’s ALWAYS for a better one,’ one person claims on Reddit

The Guardian - AU

Australia urged to do more on climate crisis as activists rue trillion-dollar Cop29 funding gap

Wealthy nations agree to take the lead in helping developing countries shift to a low-carbon economy

International Business Times

Mounting Economic Costs Of India's Killer Smog

Noxious smog smothering the plains of north India is not only choking the lungs of residents and killing millions, but also slowing the country's economic growth.

The Guardian - UK

Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’

Deep divisions remain after high-stakes talks end with agreement to help developing world shift to low-carbon economy

The Independent UK

Donald Trump ally warns Keir Starmer the US will ‘crush’ the UK economy if it helps arrest Benjamin Netanyahu

Senator Lindsey Graham hit out at US allies warning they should not comply with the warrant for the Israeli leader issued by the ICC

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