Economy - Page 11

British pound rose slightly on Thursday, trading at $1.3455. However, the currency is experiencing its most volatile week in recent months and is poised for a third consecutive weekly loss. Against the

Following weak US employment data, expectations of a Fed interest rate cut strengthened this month. This optimism boosted stocks on Monday and kept Treasury yields low. US S&P 500 futures rose 0.2%,

The pound started the week evenly on Monday, remaining stable at $1.3513. It had risen 0.5% on Friday following the surprisingly weak US employment data, recording its biggest daily rally in two

The dollar fell to its lowest level in seven weeks on Tuesday. Investors anticipate that downward revisions to US employment data could reveal weakness in the labor market, potentially accelerating Fed interest

Unilever’s ice cream unit, led by Magnum, which it is preparing to split, forecasts an average annual 3-5% organic sales growth from 2026 onwards. The new company will include Magnum, Ben &

Russian President Vladimir Putin, Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi met at the Shanghai Cooperation Organization (SCO) summit in Tianjin, sending a remarkable message of solidarity. The summit

Taiwan’s August exports exceeded expectations, rising 34.1% to $58.49 billion. This marked the country’s fourth consecutive month of export record. Strong demand for AI and technology supported growth despite the 20% tariffs