BOE to cut 4 times in 2025 - Deutsche Bank

The Bank of England held interest rates steady at 4.75% amid dissent for immediate cuts, with Deutsche Bank forecasting four reductions in 2025 due to economic uncertainties.

Bain Capital in talks to buy Little Caesars operator Sizzling Platter, sources say

Bain Capital is negotiating to acquire Sizzling Platter for over $1 billion, including debt, amid a broader trend of private equity interest in restaurant franchises.

Factbox-Big banks expect a quarter-point cut for ECB's first meeting of 2025

Major brokerages predict the ECB will cut rates by 25 basis points in January 2025, with further reductions anticipated throughout the year as inflation slows.

UK GDP to rebound slightly in October - Deutsche Bank

Deutsche Bank forecasts a limited UK GDP rebound of 0.1% for October, with risks to future growth; IMF predicts UK growth at 1.1% for 2024.

Factbox-Brokerages still expect 25-bps US rate cut in December

Citigroup and major brokerages predict a 25-basis-point interest rate cut by the Fed in December 2023 following strong job growth and revised payroll data.

Factbox-Brokerages retain expectations of 25-bps rate cut from US Fed in December

Brokerages expect a 25-basis-point interest rate cut by the Federal Reserve in December following strong job growth data despite rising unemployment rates.

Trump picks former SEC commissioner Paul Atkins to run agency

Expert shares 5 key thoughts on the impact of Trump 2.0 on autos

Deutsche Bank analysts discussed potential impacts of President-elect Trump's policies on EV tax credits and tariffs, suggesting limited immediate changes and bipartisan negotiations on tax reform.

Germany stocks higher at close of trade; DAX up 0.51%

Germany's stock market rose due to gains in Technology and Consumer sectors, with DAX hitting a new high. Heidelberg Materials and Hochtief were the day's best performers.

Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December