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Biden signs gov’t funding bill into law, averts shutdown

Biden signs gov’t funding bill into law, averts shutdown

© Reuters. U.S. President Joe Biden delivers remarks on the November jobs report at the White House in Washington, U.S., December 3, 2021. REUTERS/Kevin Lamarque WASHINGTON (Reuters) -U.S. President Joe Biden on Friday signed legislation funding federal agencies through mid-February, the White House said, averting a government shutdown after some Republicans had threatened a standoff…

China advisers to recommend lower 2022 GDP target as headwinds grow

China advisers to recommend lower 2022 GDP target as headwinds grow

© Reuters. FILE PHOTO: Residential buildings under construction and a power station are seen near the central business district (CBD) in Beijing, China, January 15, 2021. REUTERS/Tingshu Wang/File Photo By Kevin Yao BEIJING (Reuters) -Advisers to China’s government will recommend authorities set a 2022 economic growth target below the one set for 2021, giving policymakers…

European business says technical standards ‘new battleground’ for China, rest of world

European business says technical standards ‘new battleground’ for China, rest of world

© Reuters. FILE PHOTO: People walk along at financial district of Lujiazui in Shanghai, China October 15, 2021. REUTERS/Aly Song SHANGHAI (Reuters) – A European business group said on Thursday that technical standards were a “new battleground” for Chinese companies and their overseas rivals and urged Beijing to “provide fair and equal treatment” for all…

Analysis-History says expect strong December for U.S. stocks, despite Omicron and Fed worries

Analysis-History says expect strong December for U.S. stocks, despite Omicron and Fed worries

By Lewis Krauskopf (Reuters) – A pileup of risks into year-end has some investors gauging whether December will continue its historical trend of a strong stock performance, even as markets face of worries over the Omicron coronavirus variant and a more hawkish Federal Reserve. November and December have been the S&P 500’s second- and third-best…

Price rises in German housing market to ease but affordability worsen: Reuters poll

Price rises in German housing market to ease but affordability worsen: Reuters poll

© Reuters. A house is illuminated in front of the skyline of Frankfurt as the spread of the coronavirus disease (COVID-19) continues during a foggy morning in Kronberg, Germany, November 24, 2021. REUTERS/Kai Pfaffenbach By Jonathan Cable LONDON (Reuters) – Price growth in Germany’s overvalued property market looks set to ease in coming years but…