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Iveco, PlusAI expand partnership with autonomous truck tests in Spain
Self-driving truck startup PlusAI said on Monday it would launch Southern Europe's first programme to test heavy-duty autonomous trucks, expanding its partnership with Iveco Group ...
U.S. Markets
German unemployment rises to highest in 12 years with challenging 2026 ahead
Germany had the highest number of unemployed in twelve years in 2025 and this year will continue to be challenging for Europe's biggest economy, the labour office said on Wednesday...
U.S. Markets
European shares extend gains after record-setting rally, unfazed by tensions
European shares edged higher on Tuesday with indexes in Germany and Spain hitting record highs, as investors remained confident in the economic outlook despite escalating geopoliti...
U.S. Markets
Russia says state-owned stake in gold producer UGC to be put up for public auction soon
Russian Finance Minister Anton Siluanov said on Tuesday that the state-owned stake in gold producer Uzhuralzoloto (UGC) will soon be put up for open auction.
U.S. Markets
German business groups expect job cuts in 2026 as economic crisis drags on
A majority of German business associations expect job cuts in 2026 as the country's economic crisis persists, with industry hit hardest by global protectionism and weak exports, a ...
U.S. Markets
Russia's VTB maintains 2025 profit target as corporate debt restructuring underway
Russia's second largest bank VTB maintained its net profit target of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and saying i...
U.S. Markets
Platinum hits record high on tight supply, EU combustion-engine ban reversal
Platinum jumped to an all-time high on Friday, on track for its biggest annual rise ever, as supply constraints, an unexpected EU policy U-turn on the 2035 combustion-engine ban, a...
U.S. Markets
White House adviser Hassett hails lower-than-expected inflation data
White House economic adviser Kevin Hassett welcomed the consumer price index report on Thursday, saying the U.S. economy was showing high growth and lower inflation.
U.S. Markets
White House adviser Hassett: Fed independence is really important
White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns h...
U.S. Markets
Delayed US employment, CPI reports are due this week, with many gaps
The U.S. Bureau of Labor Statistics on Tuesday releases its long-awaited combined employment reports for October and November, but a number of key details will be missing after the...
U.S. Markets
Fed's Collins says supported rate cut but it was a 'close call'
Federal Reserve Bank of Boston President Susan Collins said Monday a changing inflation outlook tilted her toward supporting last week’s central bank interest rate cut.
U.S. Markets
Fintech Wealthfront prices US IPO at $14 apiece, raises $486 million
Automated digital wealth management firm Wealthfront said on Thursday that it has raised $486 million in its initial public offering (IPO), capping a strong year for fintech flotat...
U.S. Markets
White House eyes return to growth of 3%, 4% by early 2026 after shutdown knock
The U.S. economy should return to growth of 3% to 4% by the first quarter of 2026, White House economic adviser Kevin Hassett said on Tuesday.
U.S. Markets
CEVA Logistics wraps up Borusan Tedarik buy for $383 million
France's CEVA Logistics has completed its acquisition of Turkish logistics provider Borusan Tedarik from Borusan Yatirim for $383 million, the Turkish conglomerate said in a stock ...
U.S. Markets
Morning Bid: Hesitation about 'foregone conclusions'
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Copper rally could cool after surge to record high
Copper smashed through its all-time high on Wednesday, spurred by fresh concerns over mine supply and hopes of a U.S.-China trade deal, but analysts questioned how much further the...
U.S. Markets
Key US mortgage rate drops to 13-month low, industry group says
The interest rate on the most popular U.S. home loan dropped last week to a 13-month low after a key reading of inflation came in lower than expected, cementing expectations for an...
U.S. Markets
Spain's economic growth gently decelerates in third quarter
Spain's economy expanded at a slightly milder pace of 0.6% in the third quarter from the previous three-month period, when it grew 0.8%, preliminary data from the National Statisti...
U.S. Markets