Economy

Japan’s ruling party to propose big spending on green investment: draft

Economy, Top News, World / By

FILE PHOTO: A man wearing a protective face mask amid the coronavirus disease (COVID-19) outbreak walks at a shopping district in Tokyo, Japan August 17, 2020. REUTERS/Kim Kyung-Hoon November 27, 2020 By Daniel Leussink and Leika Kihara TOKYO (Reuters) – Japan’s ruling party will urge the government to lay out a big, decade-long spending programme …

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Thanksgiving in Denver, from free frozen birds to $200 turducken

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A new mobile food truck is seen outside Catavella restaurant and will be used owner and chef, Elise Wiggins in order to adapt her business to the current economy in Denver, Colorado, U.S., November 25, 2020. REUTERS/Kevin Mohatt November 26, 2020 By Ann Saphir and Kevin Mohatt SAN FRANCISCO/DENVER (Reuters) – The United States is …

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Failure to get Brexit trade deal would wipe extra 2% off UK output: OBR

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November 25, 2020 By Kate Holton LONDON (Reuters) – Failure by Britain and the European Union to agree a free trade deal would wipe an extra 2% off the United Kingdom’s economic output while driving up inflation, unemployment and public borrowing, official forecasts showed on Wednesday. The Office for Budget Responsibility revisited its Brexit forecasts …

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Japan cuts capex view, says overall conditions remain severe in November report

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FILE PHOTO: Factories are seen near Tokyo. REUTERS/Stringer/File Photo November 25, 2020 By Daniel Leussink TOKYO (Reuters) – Japan’s government cut its view on capital spending in November for the fifth time this year as companies trimmed investment, and said overall economic conditions were still severe due to the coronavirus pandemic. The world’s third-largest economy …

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U.S. core capital goods orders beat expectations in October

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FILE PHOTO: Line workers spot weld parts of the frame on the flex line at Nissan Motor Co’s automobile manufacturing plant in Smyrna, Tennessee, U.S., August 23, 2018. REUTERS/William DeShazer/File Photo November 25, 2020 WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in October, but momentum is slowing in …

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UK borrowing to hit peacetime high as economy faces COVID emergency: Sunak

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Britain’s Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain, November 25, 2020. REUTERS/Simon Dawson November 25, 2020 By William Schomberg and David Milliken LONDON (Reuters) – Britain will borrow almost 400 billion pounds this year to pay for the massive coronavirus hit to its economy, finance minister Rishi Sunak said on …

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