News
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CORRECTED-Tesla's China sales fall to 3-year low amid tepid demand
BEIJING, Nov 10 (Reuters) - Tesla's TSLA.O sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand in the hyper-competitive market. Sales fell 35.8% from a year earlier, down from September's figure of ...Reuters
Tue, Nov 11
Trump says inflation will be at 1.5% "pretty soon"
US President Donald Trump hit the newswires with his standard array of comments touching on multiple trade deals that remain unofficial and unfinalized, as well as broad claims about the US economy, and issuing a premonition that inflation will reach 1.5% "pretty soon", a level of inflation that hasFxstreet
Mon, Nov 10
Trump says US faces 'economic disaster' if Supreme Court rules against tariffs
WASHINGTON, Nov 10 (Reuters) - U.S. President Donald Trump on Monday said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs against nearly every country.Trump said his administration pla...Reuters
Mon, Nov 10
Travel booking platform Klook reveals robust revenue growth in US IPO filing
By Prakhar Srivastava Nov 10 (Reuters) - SoftBank-backed Klook reported more than a 24% jump in revenue in 2024, the online travel booking platform disclosed in its filing for a U.S. initial public offering on Monday, signaling steady investor demand even as the government remains shut.The U.S. I...Reuters
Mon, Nov 10
Hungary eyes US financial shield as EU funds remain frozen
Hungary seeks US financial support amid EU funding freezeOpposition leader demands details on US agreementForint hits 1-1/2-year high after US sanctions waiverBy Gergely Szakacs BUDAPEST, Nov 10 (Reuters) - Hungary, looking for alternatives to EU funding, is developing a framework deal with Washi...Reuters
Mon, Nov 10
WRAPUP 1-Fed policymakers divided over need for more rate cuts
Fed officials gear up rate-cut debate ahead of December meetingMusalem sees limited scope for more easing amid high inflationDaly says her eye is on inflation, but also cooling labor demandMiran repeats lone call for steep rate cut next monthBy Ann Saphir and Howard Schneider Nov 10 (Reuters) - U...Reuters
Mon, Nov 10
Swiss government declines comment on report new tariff deal with US is close
ZURICH, Nov 10 (Reuters) - The Swiss government declined to comment on Monday after Bloomberg reported the country was close to agreeing a deal with the U.S. that would reduce Washington's tariffs on its exports to 15%."The talks are ongoing and we do not comment further," a spokesman fo...Reuters
Mon, Nov 10
Fed's Miran calls again for big rate cut
Nov 10 (Reuters) - The Federal Reserve should cut interest rates by a half of a percentage point in December given the softening labor market and falling inflation, Governor Stephen Miran said on Monday, with a quarter-point cut a "minimum" appropriate move in his view."We've got new...Reuters
Mon, Nov 10
