A key gauge of euro-zone wages jumped by the most since the common currency was introduced in 1999 — complicating the European Central Bank’s plans for interest-rate cuts as inflation eases.

For Chancellor-hopeful Friedrich Merz, the keys to unlocking a new era of prosperity lie in revisiting the policies that helped drive Germany’s postwar economic miracle.

Catch up: Ukraine’s growing arsenal; America’s truce proposal for Israel and Hizbullah

Catch up: Ukraine’s growing arsenal; America’s truce proposal for Israel and Hizbullah

Bis Ende 2027 will der Autokonzern 4000 Stellen in ganz Europa abbauen. Die meisten von ihnen sollen in Deutschland wegfallen. Noch ist nicht klar, ob Jobs in Österreich betroffen sind.

Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.

Oil traders broadly share the International Energy Agency’s view that stockpiles will grow next year — but there is reason to think the expansion could be smaller than forecast.

Years of runaway inflation are testing the physical limits of Turkey’s cash-centric economy as its biggest banknotes become increasingly inadequate to cover even daily spending.

European stocks and the euro have all slumped since the US election as investors bet Trump’s policies will hit the continent hard.

882 der insgesamt 960 Beschäftigten der TCG Unitech in Kirchdorf sind laut Betriebsrat beim Frühwarnsystem des Arbeitsmarktservice zur Kündigung angemeldet worden. In Losenstein (Bezirk Steyr-Land) sind weitere 100 Jobs bei Freudenberg Sealing Technologies in Gefahr.

Federal Reserve Chair Jerome Powell says he wants to wait and see what policies the incoming Trump administration will implement before the central bank forecasts what it means for the economy.

The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under President-elect Donald Trump, Karen Ward, chief market strategist for Europe, the Middle East and Africa at JPMorgan Asset Management, said.

The European Central Bank should cut interest rates far enough to ensure they are no longer constraining economic growth, Governing Council member Fabio Panetta said.

China’s push to improve the finances of cash-strapped localities will mean they have less money to spend on big infrastructure projects because for the first time funds from the sale of new local government special bonds are being used to repay old loans.

China’s policymakers and top regulators vowed to continue its opening up to foreign investors and firms, in their first public appearances with global financial luminaries at a major conference in Hong Kong.

Bitcoin is back in the vicinity of an all-time peak, supported by a series of developments highlighting the deepening embrace of the digital-asset industry in the US under crypto cheerleader Donald Trump.

The yellow metal has declined from a record as the economic backdrop has changed.

Funding for European artificial intelligence startups, while still less than a quarter of US figures, hit a record high this year thanks to massive investments in newcomers building chatbots and self-driving cars.

Lebanon and the Hezbollah militia have reached agreement on a US plan for a cease-fire with Israel, Reuters reported on Monday.

Key European countries may need to double defense spending to meet the challenge of Russia’s aggression in Ukraine as well as the possibility of less American support in a Donald Trump presidency, according to a Bloomberg Intelligence report.

Catch up: Russia threatens “spiral of tension”; “Hong Kong 47” sentenced

Catch up: Russia threatens “spiral of tension”; “Hong Kong 47” sentenced

Northvolt, der für Europa wichtige schwedische Produzent von Akkus für E-Autos, taumelt und könnte bereits nächste Woche in Insolvenz gehen. Dazu berichtete die Nachrichtenagentur Reuters am Montag, Northvolt habe seit September seine – bereits gedrosselten – Produktionsziele verfehlt. In Northvolt haben unter anderem europäische Autohersteller Milliarden investiert. Das Start-up gilt als praktisch letzte Hoffnung für Europa, in dem zentralen Bereich der grünen Technologiewende mit China und den USA noch mithalten zu können.

China’s growing assistance to Russia for its war in Ukraine “will and must have consequences,” German Foreign Minister Annalena Baerbock warned as top European Union diplomats met in Brussels Monday.

The European Central Bank is almost certain to cut interest rates by a quarter point in December, according to Governing Council member Yannis Stournaras.

Negotiators at COP29 are struggling to forge a consensus to boost funding to help poor countries. The fading US role has created a bigger opening for China.

European Central Bank Vice President Luis de Guindos warned that high levels of sovereign debt could prevent governments from addressing long-term economic challenges and consign them to low growth.

Economists have given up hope that Germany can avoid a second consecutive year of shrinking output, according to a Bloomberg survey.

European Central Bank Governing Council member Joachim Nagel sees the threat of a further fragmentation of the global economy, which could present central banks with new challenges in the form of higher or more volatile inflation.

Rob Subbaraman is preparing for his second Trump presidency with a new accessory in his economist toolkit: the head of global markets research at Nomura Holdings Inc. has downloaded Truth Social, the President-elect’s conservative social media platform.