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UK finance minister draws up welfare cuts to balance books, BBC reports

Britain's finance minister Rachel Reeves is planning several billions of pounds of cuts to welfare spending after her financi

CK Hutchison shares jump 22% after Panama Canal stake sale to BlackRock

CK Hutchison stock gained more than 22% on Wednesday after the Hong Kong conglomerate sold a majority stake in a $22.8 billio

Gold eases as Treasury yields, dollar rise; markets gauge Trump tariffs

Gold edged lower on Wednesday as a firmer U.S. dollar and Treasury yields pressured the yellow metal, while markets continued

Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment

Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns

Euro gets lift from German debt brake reform as currencies mired in trade war fallout

The euro rose to its strongest level in nearly four months on Wednesday after Germany's conservatives and the Social Democrat

Exclusive: US and Ukraine prepare to sign minerals deal on Tuesday, sources say

U.S. President Donald Trump's administration and Ukraine plan to sign the much-debated minerals deal following a disastrous O

Israel’s finance committee chief faults government over soaring bank profits

The head of Israel's powerful parliamentary finance committee criticised the government and central bank on Tuesday for allow

Germany’s conservatives, SPD meet for talks on coalition as major spending hike eyed

Election winner Friedrich Merz wants to sew up a coalition with defeated Chancellor Olaf Scholz's SPD by Easter.

Investors say it’s time to take Trump seriously as markets recoil

Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in U.S. and global gr

EU defence plans could mobilise 800 billion euros, von der Leyen says

New EU plans to strengthen Europe's defence industry and increase military capabilities could mobilize close to 800 billion e