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(Reuters) – Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy. World economies and equity markets have …

Factbox-Brokerages see uncertain 2025 on worries over potential Trump tariffs Read More »

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission opened formal proceedings on Tuesday against social media firm TikTok over its suspected failure to limit election interference, notably in the Romanian presidential vote last month. The Commission said it will request information and look into TikTok’s policy on political advertisements and paid-for political content as well …

EU opens investigation into TikTok over election interference Read More »

By Gertrude Chavez-Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) -Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. Here’s how the plan could work. WHAT IS A STRATEGIC RESERVE? A strategic reserve is a stock of …

How would a U.S. bitcoin strategic reserve work? Read More »

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors, expecting the Federal Reserve to cut interest rates by a quarter of a percentage point on Wednesday, are bracing for the central bank to scale back its easing in 2025 in anticipation of higher inflation under the Trump administration. Market players are staying out of longer-dated Treasuries …

US bond investors brace for ‘hawkish cut,’ spurn long-term bonds Read More »

By Gavin Jones ROME (Reuters) – Italy’s growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public finances of the euro zone’s third largest economy. After gross domestic product unexpectedly stagnated in the third quarter, national statistics bureau ISTAT said this month …

Analysis-Italy’s growth bubble bursts to reveal fragile outlook Read More »

(Reuters) – Australia’s Perpetual said on Tuesday an independent expert has opined the asset manager’s plan to sell the wealth management and corporate trust business to KKR would not serve the best interest of investors after a tax bill blowout. The company’s A$2.2 billion ($1.40 billion) deal with the buyout giant is at risk of …

Perpetual-KKR deal not best for shareholders after tax bill surge, says board expert Read More »