The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

GSK Plc Q3 Adj. Operating Profit Rises, Turnover Ex COVID Up 16% At CER; Upgrades FY Guidance

GSK Plc (GSK.L, GSK) reported that its third quarter profit attributable to shareholders from continuing operations was 1.46 billion pounds compared to 759 million pounds, last year. Earnings per share from continuing operations was 35.6 pence compared to 18.6 pence. Third quarter adjusted operating profit was 2.77 billion pounds, up 6% AER, or an increase of 15% at CER. Adjusted […]

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Nine stock picks from some of Australia’s biggest fund managers

Save articles for later Add articles to your saved list and come back to them any time. From garbage collection to race car manufacturing, nine fund managers at some of Australia’s largest investment firms have given their best stock picks for investors looking over the long term. These investors all manage funds on a pro bono basis for Future Generation, […]

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German Inflation Slows More Than Expected, Lowest Since August 2021

Consumer price inflation in Germany eased faster than expected in October to reach its lowest level in over two years, thanks to falling energy prices, preliminary data from the statistical office Destatis showed Monday, and the easing price pressures validate the latest “pause” in the interest rate hikes by the European Central Bank. The consumer price index, or CPI, rose […]

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With inflation raging, it’s time we rethink student debt

Save articles for later Add articles to your saved list and come back to them any time. As someone who still has a very substantial HECS-HELP debt from my years of study, I often fantasise about the government getting in contact with me and offering to wipe the debt completely – or at least shave a bit off the top. […]

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UK Inflation Steady At 6.7%

UK consumer price inflation remained unchanged in September as the rise in oil prices was offset by the slowdown in food inflation, but this is unlikely to prompt the Bank of England to end the current pause and raise rates further in the November policy session. The consumer price index, or CPI, posted a steady annual growth of 6.7 percent […]

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Fed Minutes Point To One More Interest Rate Hike

The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, reiterating that a majority of participants expect one more interest rate hike will likely be appropriate. The projections provided following the meeting forecast one more rate hike before the end of the year, although the minutes noted some officials judged it likely that no further increases […]

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How downsizing could boost your super as you approach retirement

Save articles for later Add articles to your saved list and come back to them any time. The traditional idea of staying in a family-sized home until we die is finally evolving. With a little nudge from the Government’s enticing downsizer incentive which was boosted this year, forward-thinking pre- and post-retirees are reassessing their homes with fresh optimism, and wondering […]

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German Factory Orders Rebound More Than Expected

Germany’s factory orders rebounded at a stronger-than-expected pace in August reflecting the robust expansion in demand for computing, electronic and optical products. Factory orders registered a monthly growth of 3.9 percent, in contrast to the 11.3 percent decrease in July, Destatis reported Friday. Moreover, the rate was much better than economists’ forecast of 1.8 percent growth. Excluding major orders, manufacturing […]

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