News
Top Goldman Sachs analyst says the world is moving into a new super cycle
The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to Peter Oppenheimer, head of macro research in Europe at Goldman Sachs.
Agriculture Ministry introduces ‘tree deeds’ scheme for farmers to secure loans
In a bid to help farmers, the Agriculture Ministry will issue “tree deeds” that will allow farmers to use their valuable trees as collateral for loans from state banks.
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday.
European Central Bank holds interest rates steady after 10 consecutive hikes
The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from oil markets amid the Israel-Hamas war.
JP Morgan's Jamie Dimon warns world facing 'most dangerous time in decades'
The world may be facing "the most dangerous time... in decades", bank boss Jamie Dimon has warned. The chief executive of JP Morgan Chase told investors that he was concerned about the risks to the economy from rising geo-political tensions.
Oil prices rise following Hamas attack on Israel
Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East.
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