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Search results: “Economy and finance”

8 stories found

Public financeSingle source

French 10-year bond yields rise above 5% amid political turmoil

Yields on France’s 10-year government bonds have risen above 5%, while the gap with German bonds has reached its widest level since the eurozone was created. The source links growing market distrust to ongoing political turmoil in France.

  • Yields on France’s 10-year government bonds have moved above 5%.
  • The gap with German 10-year bonds is the widest since the eurozone was created.
1 sourceTrust: Single source
Le Monde Economy
Economy and financeSingle source

Profit warnings from UK-listed firms hit two-year high as Iran war raises costs

UK-listed companies issued 65 profit warnings in the three months to September, the highest quarterly total in two years. EY-Parthenon said policy change, geopolitical uncertainty and rising costs were key factors as the war in the Middle East added pressure on businesses.

  • UK-listed companies issued 65 profit warnings in the third quarter, the highest total in two years.
  • Almost 17% of UK-listed companies have issued a warning in the past 12 months.
1 sourceTrust: Single source
The Guardian World
MacroeconomicsSingle source

Robert Hall and Michael Woodford win 2026 Nobel Prize in Economics

Robert Hall and Michael Woodford have won the Nobel Prize in Economics for developing the microeconomic foundations of macroeconomic stabilisation. The prize is worth 12 million Swedish kronor, or about £900,000.

  • Robert Hall and Michael Woodford have received the 2026 Nobel Prize in Economics.
  • They were recognised for the microeconomic foundations of macroeconomic stabilisation.
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The Guardian Business
US and RussiaSingle source

Zelenskyy calls Trump’s lifting of Russian diesel sanctions ‘weak’

Ukrainian President Volodymyr Zelenskyy criticised Donald Trump’s decision to allow purchases of Russian diesel after a deal with Vladimir Putin. Democrats and several prominent Republicans in the US also condemned the move.

  • Trump agreed with Putin on a deal for Russia to sell diesel to the US.
  • Global purchases of Russian diesel will be allowed for six months.
1 sourceTrust: Single source
The Guardian World
ElectionsSingle source

Flavio Bolsonaro beat Brazil’s polling expectations and advanced to the runoff

Flavio Bolsonaro won about 47% of the vote in Brazil’s first-round presidential election, ahead of Luiz Inacio Lula da Silva on 45%. Analysts cited a late consolidation of right-wing voters, the Banco Master scandal and economic frustration as possible factors.

  • Flavio Bolsonaro won about 47% in the first round, against Lula’s 45%.
  • The candidates will face each other in a runoff in three weeks.
1 sourceTrust: Single source
Al Jazeera English
Presidential electionsSingle source

Brazil election heads to run-off after Flávio Bolsonaro leads Lula in first round

Flávio Bolsonaro led Brazil’s presidential election in the first round but fell short of a majority. He will face incumbent Luiz Inácio Lula da Silva in a run-off on 25 October, with Bolsonaro on 47% and Lula on 45% after almost all votes were counted.

  • Flávio Bolsonaro led Lula in Brazil’s first-round presidential vote.
  • The two candidates will meet in a run-off on 25 October.
1 sourceTrust: Single source
BBC World
Public financeSingle source

Chalmers prepares further budget cuts but says Australia should avoid recession

Australian Treasurer Jim Chalmers said global economic pressures are intensifying but the government is not anticipating a recession at home. Officials are seeking further savings before the December mid-year budget update, after the May budget identified A$44.9bn in cuts over four years.

  • Jim Chalmers said Australia was not anticipating a recession despite intensifying global economic pressure.
  • The government is seeking further savings before the December update after A$44.9bn in cuts were identified.
1 sourceTrust: Single source
The Guardian World