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Indrabati Lahiri

Markets

Markets’ week ahead: European stocks slip ahead of Fed rate reveal

The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam.

Economy

Weekly markets wrap: S&P 500 hits new records, luxury stocks soar

European markets benefited from spillover sentiment from US equities this week, as well as upbeat economic data.

Markets

Will entertainment stocks be a hit in 2024?

Entertainment stocks, such as Paramount Global, had a weak performance in 2023 - although this year could prove different as streaming and gaming sectors continue to evolve.

Economy

Turkey’s central bank hikes key interest rate to 45% to curb inflation

This hike is the latest move to control soaring inflation, which has left several households unable to afford basic necessities.

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Economy

Cash set to make a comeback for Irish businesses

The policy is part of new legislation from Irish politicians to ensure the public has access to cash so that no shopper is "left behind".

Business

How some investors are gaining by betting on Trump’s success

Two stocks associated with Donald Trump surged as the former US president strengthens market sentiment on his 2024 comeback.

Economy

Here's why businesses in Turkey are more optimistic about inflation

Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation.

Economy

European industry activity slows ahead of ECB decision

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB's monetary policy meeting on Thursday.

Business

Primark sales shape up trading figures for Associated British Foods

Primark's market share touched a record high of 7.1% in December, despite early challenges due to an unusually warm winter.

Markets

Markets’ Week Ahead: European stocks up ahead of ECB rate decision

European shares climbed up as investors expect the ECB to keep rates steady at its monetary policy meeting this week.

Economy

Chinese manufacturing up on strong industrial production, retail lags

China's economic report for December was cautiously optimistic due to robust industrial production performance, but retail sales lagged.

Economy

UK inflation unexpectedly pulled up by clothes, alcohol and tobacco

Clothing and footwear prices, as well as furniture and household goods prices drove UK inflation up in December 2023.

Markets

Apple overtakes Samsung to gain world’s largest smartphone-maker crown

Apple has long led the smartphone market by revenue and profits; it has now overtaken Samsung to become the world leader by volume.

Economy

Most economists fear more global fragmentation likely in 2024

About 56% of global chief economists feel that the world is likely to see increased economic weakness in the coming year, whereas seven out of 10 believe there will be more rifts.

Markets

Weekly markets' wrap: European stocks bounce up on ECB rate cut hopes

European markets were brighter on Friday following fairly optimistic comments from ECB President Christine Lagarde on Thursday about potential interest rate cuts.

Economy

Red Sea trade route still months away from safety, says Maersk boss

Trade in the Red Sea has significantly reduced ever since the start of the Houthi conflict and could still be several months away from returning to normal levels.

Business

Tesco lifts profit guidance following robust Christmas sales

Tesco has increased its profit guidance following better-than-expected Christmas sales due to exceptionally strong fresh food sale volumes.

Economy

UK economy sees rise in November, boosted by services sector

UK gross domestic product figures showed a rise in November, boosted by a strong month in services and production

Economy

US inflation rises to 3.4% in December on energy prices

US year-on-year inflation numbers for December 2023 came in higher-than-expected following energy prices falling at a lower rate

Economy

Davos 2024: What the theme 'rebuilding trust' is all about

As we face an increasingly fractured and polarised world, this year’s World Economic Forum summit will look at ways of rebuilding and strengthening trust amongst global stakeholders.

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