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BBCNEWS Business Today October 2, 2024

And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman ....

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BBCNEWS Business Today September 21, 2024

Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began.
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How Japan shook off decades of stagnation – and beat stock market records

After 34 years of stagnation, Japan’s stock market is finally waking up to happier times. ....

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Hedge Funds Bet on Japan With an End to Negative Rates in Sight

(Bloomberg) Macro and stock hedge funds are betting on Japan this year, predicting the central bank will shift its policy after eight years of negative interest rates.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Your 401(k) Will Be Gone Within a DecadeAmazon Deserves to Be Called Out for Swindling UsersStocks Fall Before Nvidia’s Make-or-Break Moment: Markets WrapJapan’s blue-chip equ ....

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Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession

(Bloomberg) Japan’s economy unexpectedly contracted for a second quarter at the end of 2023, slipping into recession and clouding the Bank of Japan’s path toward ending its negative interest rate policy. Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillLyft’s CEO Says ‘My Bad’ on Margi ....

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