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Browsing: Business
Gold prices rose as investors turned to safe-haven assets amid weak risk sentiment, mixed US jobs data, and persistent geopolitical tensions.
UK inflation eased to 3.2% in November, its lowest in eight months, reinforcing signs of price stability before the Bank of England rate decision.
Oil prices fall to their lowest since May as global supply remains high and demand weakens, marking the sharpest annual drop in seven years.
Austria urges rapid approval of EU Mercosur trade deal to strengthen exports, create jobs, and enhance industrial growth.
OECD projects 3.2% global growth in 2025 despite trade wars, inflation, and geopolitical risks, signaling broad resilience and steady recovery.
UN faces $1.6B shortfall as unpaid dues rise, forcing budget cuts and major staff reductions across peacekeeping and development programs.
Poland’s debt is rising fast as the IMF urges stronger fiscal control to maintain stability and preserve economic growth.
Switzerland’s economy shrank 0.5% in Q3 2025 as exports and industry weakened, marking one of Europe’s sharpest quarterly contractions.
Inflation across the euro area steadies near 2%, confirming ECB’s policy success and balanced economic recovery.
German business confidence declined again in November as Ifo data showed reduced optimism across manufacturing, trade, and construction sectors.
