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Spain's BBVA bank to start Sabadell offer Monday
National News

Spain's BBVA bank to start Sabadell offer Monday

  • AFP AFP
  • Updated 23 mins ago

Spanish banking giant BBVA said on Friday its tender offer for smaller national rival Sabadell would start on Monday after its hostile bid received the stock market regulator's green light.

Seizing Russian assets would risk 'terrible systemic shock' to euro: Belgian FM
National News

Seizing Russian assets would risk 'terrible systemic shock' to euro: Belgian FM

  • AFP AFP
  • Updated 23 mins ago

Seizing Russian central bank assets immobilised in the 27-nation EU over the Ukraine war risks inflicting major damage on Europe's economy, Belgian Foreign Minister Maxime Prevot told AFP Friday.

US jobs data boosts rate cut hopes but stocks slide
National News

US jobs data boosts rate cut hopes but stocks slide

  • AFP AFP
  • Updated 38 mins ago

Weak US jobs data cemented expectations of an interest rate cut later this month on Friday but stocks slid on worries about the economic outlook and profit-taking.

EU hits Google with €2.95 bn fine despite Trump threats
National News

EU hits Google with €2.95 bn fine despite Trump threats

  • AFP AFP
  • Updated 23 mins ago

The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech.

US hiring weakens sharply in August as jobs market stalls
National News

US hiring weakens sharply in August as jobs market stalls

  • Beiyi SEOW AFP
  • Updated 38 mins ago

US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report Friday after weak data earlier prompted President Donald Trump to fire a key economic official.

Congress is killing clean energy tax credits. Here’s how to use them before they disappear.
National News

Congress is killing clean energy tax credits. Here’s how to use them before they disappear.

  • Tik Root for Grist
  • Updated 2 hrs ago

Grist reports Congress is cutting clean energy tax credits. Consumers should act quickly to secure savings on EVs, home improvements, and solar installations.

The massive debt behind France's political turmoil
National News

The massive debt behind France's political turmoil

  • Thomas GROPALLO AFP
  • Updated 38 mins ago

France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister Francois Bayrou next week.

German factory orders drop in new blow to economy
National News

German factory orders drop in new blow to economy

  • AFP AFP
  • Updated 38 mins ago

German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's long-struggling top economy remains stuck in the doldrums.

Trump signs order to lower US tariffs on Japan autos to 15%
National News

Trump signs order to lower US tariffs on Japan autos to 15%

  • Beiyi SEOW AFP
  • Updated 38 mins ago

US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement a trade pact negotiated with Tokyo.

Stock markets advance with eyes on US jobs data
National News

Stock markets advance with eyes on US jobs data

  • AFP AFP
  • Updated 37 mins ago

Stock markets mostly climbed and global bonds stabilized on Thursday as investors looked to US jobs data to cement rate-cut bets.

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