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Layoffs in U.S. for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) - U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries adopt AI-driven changes and intensify cost cuts.The layoffs in October surged 1...Reuters
Thu, Nov 6
SEK: Brief and concise statement from Riksbank – Commerzbank
As expected, on Wednesday, the Riksbank left its key interest rate unchanged at 1.75% yesterday and signaled that it does not anticipate any further changes in the foreseeable future. Its statement was correspondingly brief and concise, Commerzbank's FX analyst Antje Praefcke notes.
Fxstreet
Thu, Nov 6
Germany facing rising financial stability risk, Bundesbank warns
Structural challenges weighing 'to an increasing degree'Trade uncertainty will weigh on German banks' credit quality FRANKFURT, Nov 6 (Reuters) - Germany is facing rising risks to its financial stability from erratic U.S. economic policy, overvalued equity markets, excessive debt ...Reuters
Thu, Nov 6
German industrial output rises less than expected in September
Industrial production rose 1.3%, below 3% forecastEconomy ministry sees no fundamental upswingStructural weaknesses limit rebound, economist says By Ludwig Burger FRANKFURT, Nov 6 (Reuters) - German industrial production rose less than expected in September, increasing 1.3% over the previous mont...Reuters
Thu, Nov 6
30 years of climate talks: Progress, pitfalls and a planet in peril
Global emissions are up 34% since the first climate conferenceThe market for solar panels and EVs has grown - but so has fossil fuel useUN climate negotiations are bogged down by bureaucratic inertia, some critics sayBy Valerie Volcovici and Richard ValdmanisNov 6 (Reuters) - As leaders gather for t...Reuters
Thu, Nov 6
German industrial output rises less than expected in September
Nov 6 (Reuters) - German industrial production rose less than expected in September, rising by 1.3% compared to the previous month, the federal statistics office said on Thursday.Analysts polled by Reuters had predicted a 3% rise.The office offers more detailed data on its website.Reuters
Thu, Nov 6
