Die österreichische Wirtschaft wird sich laut der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung (OECD) im kommenden Jahr leicht erholen. Sie rechnet für 2025 mit einem realen Wachstum des Bruttoinlandsprodukts (BIP) von 1,1 Prozent, 2026 soll dann ein Plus von 1,4 Prozent folgen. 2024 dürfte die österreichische Wirtschaft noch um 0,5 Prozent schrumpfen, wie die Organisation am Mittwoch in ihrem ökonomischen Ausblick mitteilte.

Die Sanierung der insolventen Möbelkette kika/Leiner ist gescheitert. Am Mittwoch gab der Insolvenzverwalter per Aussendung bekannt, dass der Sanierungsplan vom Unternehmen zurückgezogen worden sei. Damit wird das Insolvenzverfahren nun zu einem Konkursverfahren. Betroffen sind auch über 1.300 Mitarbeiterinnen und Mitarbeiter und zahlreiche Kundinnen und Kunden.

The global economy faces proliferating risks ranging from trade tensions to wars and debt troubles that could threaten its “remarkable resilience” of past years, the OECD said.

Central banker Christine Lagarde needs to point to a steady unwinding of restrictive interest rates.

German Foreign Minister Annalena Baerbock said that NATO membership for Ukraine could be part of a potential peace deal with Russia, which could also include conceding some occupied Ukrainian territory.

European Central Bank Governing Council member Robert Holzmann said any reduction in interest rates at next week’s decision will be “moderate.”

Catch up: calls for impeachment in South Korea; Namibia’s first female president

Catch up: calls for impeachment in South Korea; Namibia’s first female president

Der Handelsstreit zwischen Peking und Washington spitzt sich zu. China lässt die Ausfuhr von Gallium, Germanium und Antimon in die USA nicht mehr zu. Man verwendet die Materialien für Mikrochips oder Glasfaserkabel.

The European Central Bank’s data-dependent and gradual approach to setting monetary policy remains appropriate, Governing Council member Martins Kazaks says in presentation for online event.

Follow the latest updates on market reactions, political moves and protests.

OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.

Bank of Japan Governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that would mark the first tightening of policy three times in a calendar year since the peak of Japan’s asset bubble in 1989.

Turkish consumer prices rose more than expected last month, suggesting the central bank will start cutting interest rates at a slower pace than anticipated.

China’s central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh challenges from a looming trade war with the US during Donald Trump’s second term.

China’s top leaders plan to start the annual closed-door Central Economic Work Conference next Wednesday to map out economic targets and stimulus plans for 2025, according to people familiar with the matter.

Surveys since Donald Trump’s election victory show American companies are growing more upbeat about their prospects in anticipation of more pro-business policies and less regulatory burden.

Bitcoin bulls are starting to express some doubts after what seemed like an inevitable march toward a record high price of $100,000 loses momentum.

Federal Reserve Bank of Atlanta President Raphael Bostic said he’s undecided on whether an interest-rate cut is needed this month, but still believes officials should continue lowering rates over the coming months.

Federal Reserve Bank of New York President John Williams said officials will likely need to lower rates further to move policy to a neutral stance now that risks to inflation and employment have become more balanced.

Three Federal Reserve officials on Monday made clear they expect the US central bank to continue cutting interest rates over the next year, but stopped short of saying they are committed to making the next reduction later this month.

Catch up: South Korean parliament blocks martial law; China escalates trade war

Catch up: South Korean parliament blocks martial law; China escalates trade war

Zu Beginn der Woche hat es bei einer UNO-Konferenz zu Umwelt und Klima erneut einen Rückschlag gegeben – wieder einmal aufgrund einer Blockade von Saudi-Arabien. Die Konferenzen geraten zunehmend unter Zugzwang. Doch ob die nächste, die ausgerechnet in Riad stattfindet, einen Erfolg bringen kann, bleibt fraglich, nicht zuletzt das Einstimmigkeitsprinzip hat sich bisher als unüberwindliche Hürde erwiesen.

European Union member states are nearing a deal on a new €1.5 billion ($1.6 billion) defense fund to help bolster the industry in the bloc and Ukraine over the next three years.

The lure of $10 gift cards wasn’t enough to draw big early-bird Black Friday crowds at the Macy’s Inc. flagship New York City location in Herald Square.

Donald Trump’s pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say.

US President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency as an alternative to using the US dollar and repeated threats to levy a 100% tariff.

Black Friday sales grew at a faster pace in the US this year, underscoring that choosy consumers are still opening their wallets when they find the right products.

Pending sales of US homes unexpectedly rose to a seven-month high in October as a brief drop in mortgage rates lured buyers.