Analysis-India’s Modi looks to new economic playbook as risks mount
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) – After world-beating economic growth last year, India’s policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally….
Tanzania central bank holds key interest rate unchanged at 6%
DAR ES SALAAM (Reuters) – Tanzania’s central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting. When it launched the rate in January 2024, the bank set it at…
Factbox-China’s economic stimulus measures since September
BEIJING (Reuters) – China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy document showed on Wednesday. The…
EU warns of ‘serious blow’ from Trump on climate change
By Kate Abnett and Christian Levaux BRUSSELS (Reuters) – Global efforts to address climate change will be dealt a severe blow if U.S. President-elect Donald Trump again pulls the country out of the Paris Agreement, the EU’s head of climate…
Japan stocks lower at close of trade; Nikkei 225 down 0.27%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Power, Transportation Equipment and Warehousing sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.27%. The best performers of the session…
Roche to complete $1.5 billion acquisition of U.S. biopharma company Poseida
ZURICH (Reuters) -Roche on Wednesday said it planned to complete its purchase of U.S. biopharmaceutical company Poseida Therapeutics , a specialist in complex immune cell therapies to treat several types of blood cancer. Roche said it has accepted for payment…