The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."
In addition to the tariffs on Mexico, the Republican leader has expressed his intention to reverse pro-electric vehicle policies and rescind regulations enforced by the Environmental Protection Agency and the Transportation Department on his first day in office. He also aims to reduce or eliminate tax breaks and other incentives for electric vehicles.
The UK government announced sanctions on Thursday against three private mercenary groups operating in Africa with links to the Kremlin, including Wagner group successor Africa Corps.
The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.
Leon Wang, president of AstraZeneca China, "has been detained", a representative of the firm's global media team said in an email to AFP.
Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".
The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.
CEOs of big tech firms send their well wishes to President-elect Donald Trump.
With shares up 5.5% amid efforts to diversify beyond smartphones, Qualcomm reports outstanding Q4 sales and profitability, powered by Chinese smartphone demand and AI advancements.
Japanese Prime Minister Shigeru Ishiba said Thursday he had agreed with US president-elect Donald Trump in a phone call to strengthen the nations' alliance, after the tycoon's victory sent defence-related shares surging.
Major arms exporter South Korea is not ruling out providing weapons directly to Ukraine, President Yoon Suk Yeol said Thursday, signalling a possible shift in Seoul's stance on the issue.
Chinese President Xi Jinping said Thursday Beijing and Washington must find a way to "get along" in a message to US president-elect Donald Trump, state media reported.
Germany enters a period of political uncertainty Thursday after its fragile three-party ruling coalition collapsed on the same day Donald Trump won the US election.
Israel launched fresh strikes on south Beirut early Thursday, hours after Prime Minister Benjamin Netanyahu and US president-elect Donald Trump spoke about the "Iranian threat".
Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.
The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of cooling inflation.
A Hakan Calhanoglu penalty gave Inter Milan a 1-0 victory over Arsenal in the Champions League on Wednesday, while a 93rd-minute winner ensured Atletico Madrid left Paris with all three points.
