Brazil’s economy entered the fourth quarter with a surprise contraction in October, adding to signs that activity is cooling under tight monetary policy. On Monday, data from the Central Bank revealed that the Economic Activity Index (IBC-Br), a reference indicator for gross domestic product (GDP), decreased 0.2% in October compared…

Canada’s annual inflation rate remained constant at 2.2% in November, owing primarily to increased food prices, Statistics Canada announced on Monday. On a year-over-year basis, the rise in food and restaurant prices was somewhat offset by a decrease in gasoline and lodging costs.This is the first month since March that…

Europe’s policy, regulatory, and tech landscape is in flux as central banks, governments, and businesses adjust to mounting economic and political pressures.In the UK, the Bank of England faces a finely balanced rate decision as inflation cools but growth risks rise.Elsewhere, regulators are tightening the screws on short-term rentals, trade…

Shares of online real estate listing companies tumbled on Monday after Alphabet’s Google was found testing a new format that places homes-for-sale ads directly at the top of search results, threatening to encroach on a core source of traffic and leads for property portals.Zillow Group led the declines, with shares…

Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney’s Bondi Beach, and China reported fresh signs of economic slowdown.Nvidia moved to deepen its AI infrastructure with a key acquisition, and Bitcoin slid below $87,000 amid heavy liquidations.The developments underscore…

India’s private sector activity remained in expansion mode in December, but fresh survey data suggest momentum cooled toward the end of the year as external trade pressures persisted.A flash survey by HSBC showed softer readings across manufacturing and services, even as demand conditions stayed broadly resilient.The data arrives at a…

China has announced a substantial reduction in tariffs on pork imports originating from the European Union, a move affecting imports valued at over $2 billion annually. This decision marks the final ruling in a comprehensive anti-dumping investigation initiated by Beijing. The move is widely seen by international trade observers as a modest…

UK unemployment rose in the three months through October as a softening labour market added to the Bank of England’s policy dilemma ahead of its final interest rate decision of the year.The headline jobless rate edged up to 5.1% in the August-to-October period, from 5.0% in the three months through…