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German factory orders rise more than expected
German factory orders rise more than expected
Business and Economy
by  AFP

German industrial orders rose far more than expected in October, official data showed Friday, raising hopes that a long downturn in Europe's biggest economy may have bottomed out. Domestic orders rose almost 10 percent but foreign orders dropped four percent, highlighting a turbulent geopolitical environment marked by US tariffs.

Tanzania tourism suffers after election killings
Tanzania tourism suffers after election killings
Business and Economy
by  AFP

Tanzania's white beaches and safari lodges are emptier than usual as the country counts the cost to its crucial tourism sector from the mass killing of protesters during recent election unrest. Mabrian, a consultancy using artificial intelligence to measure global sentiment about countries and industries, made a more direct link to the election unrest.

Asian markets mixed ahead of US data, expected Fed rate cut
Asian markets mixed ahead of US data, expected Fed rate cut
Business and Economy
by  AFP

Asian markets struggled into the weekend on Friday following a bland lead from Wall Street as a mixed bag of US data did little to move the needle on expectations the Federal Reserve will cut interest rates next week. And while figures Thursday on jobless claims and layoffs came in slightly better than expected, markets have priced the chances of a rate cut Wednesday at around 90 percent.