British retailers have reported the sharpest drop in confidence in 17 years and their sales fell again ahead of Wednesday's budget which is likely to include tax increases, according to a survey published on Tuesday.
The US government posted a higher US$284 billion deficit for October in a report delayed and impacted by the recent federal government shutdown and which reflected record tariff revenues offset by a shift of some November benefit payments into last month's data, the Treasury Department said on Tuesday.
With rubber growers in Karnataka under distress owing to fall in prices over the years they will hold a State-level conference in Ujire on November 29. The growers have mainly demanded that the government declare a minimum support price (MSP) of ₹250 per kg for natural rubber under the market intervention scheme and declare natural rubber as an agricultural commodity.
New car sales in Europe rose 4.9% in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers' Association data showed on Tuesday.
Thailand is betting that speeding up 480 billion baht (RM61.19 billion) in stalled investment projects will help support economic momentum as it races to compete with regional peers for foreign capital.
US economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group's year-end forecast survey.