News
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Brazil's industrial production resumes downward trend in September
SAO PAULO, Nov 4 (Reuters) - Brazil's industrial production fell in September, data from statistics agency IBGE showed on Tuesday, matching market expectations and losing momentum amid high borrowing costs.Following a rebound in August, industrial output in Latin America's largest economy dr...Reuters
Tue, Nov 4
UK's Reeves paves way for tax rises in her next budget
Reeves warns of 'hard choices', readying possible tax risesFinance minister blames Conservatives for state of economyGovernment borrowing costs fall after Reeves speaksBusinesses warn further tax rises may hit UK sentimentConservatives dismiss speech as 'laundry list' of excusesBy Al...Reuters
Tue, Nov 4
Canada's Shopify forecasts holiday-quarter revenue largely above estimates
Nov 4 (Reuters) - Shopify SHOP.TO, SHOP.O projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the e-commerce company as retailers gear up for the all-important holiday shopping season. The company expects revenue to rise in the mid-to-high-twenties perce...Reuters
Tue, Nov 4
An Obama-appointed judge's 'roadmap' could help Trump win Supreme Court tariffs case
Appeals court said Trump exceeded powers with tariffsObama-appointed judge concluded Trump acted legally Administration argues tariffs authorized by 1977 lawSupreme Court hears arguments in the case on Wednesday By John KruzelWASHINGTON, Nov 4 (Reuters) - As the U.S. Supreme Court weighs the legalit...Reuters
Tue, Nov 4
Carney's first budget promises generational investments, tough choices in Canada to counter US trade rift
Economists expect deficit to rise significantly in the budgetExperts await well-defined, clear fiscal guard-rails from CarneyCarney has promised increased spending on defense and housing Revenue loss from scrapped tariffs, tax breaks adds pressure By Promit Mukherjee OTTAWA, Nov 4 (Reuters) - Can...Reuters
Tue, Nov 4
Kenya says more talks needed to secure new IMF programme
Says classification of securitised debt main sticking pointKenya is turning to securitised borrowing after debt surgeDenies that exchange rate stability is an issue in the talksBy Duncan Miriri NAIROBI, Nov 4 (Reuters) - Kenya will hold further talks with the International Monetary Fund to overco...Reuters
Tue, Nov 4
UK gilt yields fall as Reeves hints at broad-based tax rises in budget
LONDON, Nov 4 (Reuters) - Long-dated British government bond yields fell on Tuesday after finance minister Rachel Reeves said she would make the "necessary" choices to reduce debt and grow the economy amid speculation about tax rises in the budget later this month."As I take my decisions...Reuters
Tue, Nov 4
Tesla's China-made EV sales fall 9.9% y/y in October
BEIJING, Nov 4 (Reuters) - Tesla's TSLA.O China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% increase in September, data from the China Passenger Car Association showed on Tuesday.Sales of the U.S. automaker's Model 3 and Model Y vehi...Reuters
Tue, Nov 4
Tesla's China-made EV sales fall 9.9% y/y in October
BEIJING, Nov 4 (Reuters) - Tesla's TSLA.O China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% increase in September, data from the China Passenger Car Association showed on Tuesday.Sales of the U.S. automaker's Model 3 and Model Y vehi...Reuters
Tue, Nov 4
