Mexico’s GDP Contracts as Manufacturing Activity Declines MEXICO CITY, October 30, 2025 — Mexico’s economy contracted by 0.3% in the third quarter of 2025 compared with the previous three months, according to preliminary data released by the National Institute of Statistics and Geography (INEGI). The figure was in line with forecasts from economists polled by

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Treasury Secretary Scott Bessent Urges Revamp of Federal Reserve WASHINGTON, October 30, 2025 — U.S. Treasury Secretary Scott Bessent has praised the Federal Reserve’s recent quarter-point interest rate cut but sharply criticized the central bank for its cautious tone regarding future cuts, describing the institution as “stuck in the past” and calling for a complete

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European Central Bank Maintains Policy Amid Solid Growth and Low Inflation FLORENCE, Italy — October 30, 2025:The European Central Bank (ECB) has opted to keep interest rates unchanged at 2% for the third consecutive meeting, signaling confidence in the eurozone’s economic resilience despite ongoing global trade tensions and geopolitical uncertainties. At a press conference following

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China’s “Big Three” Airlines Rebound with Q3 Profits as Travel Demand Surges BEIJING — October 30, 2025:After a turbulent year marked by weak demand and high operating costs, China’s three largest airlines — Air China, China Eastern Airlines, and China Southern Airlines — reported their first collective quarterly profit in a year, thanks to a

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U.S. and China Agree to Cut Tariffs and Ease Trade Tensions BUSAN, South Korea — October 30, 2025:In a major step toward easing economic tensions between the world’s two largest economies, U.S. President Donald Trump announced that he and Chinese President Xi Jinping reached a deal to reduce U.S. tariffs on Chinese imports from 57%

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LONDON – British employers are likely to maintain pay awards at around 3% over the next year as economic caution prevails and the impact of recent high inflation continues to recede, according to a new report by data and research firm Brightmine. The findings highlight growing restraint among UK businesses in 2025, with many employers

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LONDON – British fashion and lifestyle retailer Next plc (NXT.L) once again raised its full-year profit outlook after reporting stronger-than-expected third-quarter sales, marking the fourth upgrade in just eight months. The latest results highlight the company’s resilience amid a challenging retail environment and its ability to outperform both domestically and internationally. Third-Quarter Sales Surge Past

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LONDON – The London Stock Exchange Group (LSEG) announced on Wednesday that it is expanding its strategic partnership with BlackRock, a move aimed at enhancing access to private markets data for institutional clients and investors worldwide. Under the extended agreement, LSEG clients will gain access to data feeds from Preqin, a leading provider of private

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LONDON – British lenders approved more mortgages in September 2025 than in any month so far this year, according to data released by the Bank of England (BoE) on Wednesday. The figures signal renewed momentum in the UK housing market despite growing uncertainty ahead of Chancellor Rachel Reeves’ upcoming budget. Mortgage Approvals Reach 10-Month High

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German sportswear giant Adidas (ADSGn.DE) announced on Wednesday that new U.S. import tariffs are expected to have a €120 million ($140 million) direct impact on its 2025 operating profit, with the most significant financial blow anticipated in the fourth quarter. During a media call, CEO Bjørn Gulden said the company is closely monitoring the evolving

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