Armed conflicts most urgent risk to global economies – World Economic Forum

Armed conflicts most urgent risk to global economies – World Economic Forum

Global economies are facing declining optimism amid growing concerns about the impact of armed conflicts, according to an influential report. However, climate change leading to extreme weather events remains the biggest concern over the long term, according to the World Economic Forum’s (WEF) annual global risk survey. The report, released ahead of next week’s annual … Read more

Yellen defends COVID spending, says it saved millions from losing jobs

Yellen defends COVID spending, says it saved millions from losing jobs

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration’s response to the COVID pandemic, arguing that its stimulus spending and other policies led to robust growth and averted millions of job losses. In her last major speech before leaving office on Tuesday, Yellen will argue that … Read more

IEA Sees Smaller Oil Surplus This Year on Risks to Supply

IEA Sees Smaller Oil Surplus This Year on Risks to Supply

(Bloomberg) — Global oil markets face a smaller surplus this year than previously expected amid stronger demand and new risks to supply, the International Energy Agency said. Most Read from Bloomberg World inventories are set to expand by 725,000 barrels a day in 2025, rather than the 950,000 barrels a day projected before, the adviser … Read more

Futures flat on caution ahead of bank earnings, key inflation data

Futures flat on caution ahead of bank earnings, key inflation data

(Reuters) – Futures tracking Wall Street’s main indexes were muted on Wednesday as investors awaited a slew of big bank earnings and a crucial inflation report that could influence market direction, especially for U.S. stocks currently sitting on ripe valuations. At 04:27 a.m. ET, Dow E-minis were up 35 points, or 0.08%, S&P 500 E-minis … Read more

McDonald’s confirms Happy Meal change for kids aged 4 and over

McDonald’s confirms Happy Meal change for kids aged 4 and over

McDonald’s has confirmed its Happy Meals will now look a lot different, with a shakeup aimed at kids aged 4-11. While Happy Meal boxes are known for their red and yellow colouring and smile design, new “bespoke” Sonic 3 boxes are now available in UK restaurants, with the launch “celebrating” the recently-released Sonic the Hedgehog … Read more

Erik ten Hag could make football return after ‘frequent’ club visit and Man United exit

Erik ten Hag could make football return after ‘frequent’ club visit and Man United exit

-Credit:Getty Images Borussia Dortmund were humbled 4-2 by 17th-placed Holstein Kiel in the Bundesliga amid rumours that former Manchester United manager Erik ten Hag could take over. The German giants fell to their sixth defeat of the campaign after initially falling behind 3-0 at the break. Giovanni Reyna and Jamie Grittens scored two goals in … Read more