News
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German budget committee approves investment-heavy 2025 budget
By Maria Martinez and Christian KraemerBERLIN, Sept 5 (Reuters) - Germany's budget committee finalised the budget for 2025 with record investments to revive the economy and a strong commitment to defence spending, people familiar with the matter said on Thursday.Germany has been operating on a p...Reuters
Fri, Sep 5
U.S. informed Europe of cuts to military aid, Lithuania says
Lithuania says US told Europe Section 333 aid would stopEstonia leaves open prospect it could continueFunds help US partners with training and equipmentBy Andrius Sytas VILNIUS, Sept 5 (Reuters) - The U.S. Department of Defense informed European countries last week that military support under a p...Reuters
Fri, Sep 5
China to import (even) more gas from Russia in future – Commerzbank
At the meeting between Russian President Putin and his Chinese counterpart Xi, both countries agreed on higher gas deliveries in future. On the one hand, deliveries via existing pipelines are to be increased, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Fri, Sep 5
Morning News Call - Canada, September 5
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 Average hou...Reuters
Fri, Sep 5
USD slips ahead of NFP, CAD underperforms – Scotiabank
The US Dollar (USD) is trading softer overall—but still holding well within recent trading ranges as markets position for this morning’s US Non-Farm payroll data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Sep 5
Euro zone bond yields ease as focus turns to US payrolls report
MUMBAI, Sept 5 (Reuters) - Euro zone government bond yields dipped on Friday, stabilising at the end of a volatile week, ahead of potentially disruptive U.S. data on monthly employment where a weak report could see Bunds lag Treasuries. Germany's 10-year yield DE10YT=RR, the benchmark for euro ...Reuters
Fri, Sep 5
Swiss economy minister in US to seek better deal on Trump tariffs
By Dave Graham and John Revill BADEN, Switzerland, Sept 5 (Reuters) - Swiss economy minister Guy Parmelin is due to meet senior U.S. administration officials on Friday in his country's latest effort to negotiate down the crippling 39% tariffs imposed by U.S. President Donald Trump on most Swi...Reuters
Fri, Sep 5
US clothing retailers test full-price strategy as rich shoppers keep spending
Retailers see little pushback on full-priced clothes so farStock market gains buoy wealthy shoppers' pocketsBy Siddharth Cavale NEW YORK, Sept 5 (Reuters) - A handful of apparel retailers including Levi's and Aritzia are teasing more full-priced products, testing how much wealthier shoppe...Reuters
Fri, Sep 5
German industrial orders drop again in July as some large-scale orders tumble
German industrial orders fell 2.9% in July compared with JuneWhen large-scale orders excluded, new orders rose 0.7%Incoming orders have fallen for three months in a rowEconomy minister says must focus on competitivenessBy Maria Martinez Sept 5 (Reuters) - German industrial orders unexpectedly fel...Reuters
Fri, Sep 5
UBS CEO Ermotti says he is worried about economic impact of US tariffs
Baden, Switzerland, Sept 5 (Reuters) - UBS UBSG.S CEO Sergio Ermotti said on Friday he is concerned U.S. tariffs will put pressure on economic growth and contribute towards higher inflation.Ermotti told a business event in Baden that he was also very disappointed by the 39% tariffs Washington has im...Reuters
Fri, Sep 5
Spanish stock market supervisor authorizes BBVA's takeover offer for Sabadell
MADRID, Sept 5 (Reuters) - Spain's stock market supervisor on Friday approved BBVA's BBVA.MC takeover offer to acquire smaller lender Sabadell SABE.MC.The green light is part of the regulatory process for the Spanish bank's 14.6 billion euro ($17.09 billion) hostile takeover bid for its ...Reuters
Fri, Sep 5
