Reuters

BERLIN – German economic growth will slow down to 2.3% in 2023, Economy Minister Robert Habeck said on Friday. The government cut its economic growth forecast for 2022 this month …

PARIS – Shares in LVMH rose on Friday after the world’s largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth. LVMH shares were up 3.9 percent …

BEIJING – The International Monetary Fund said that China’s economic recovery is well advanced but imbalanced due to weak consumption, and also warned of uncertainty brought by regulatory crackdowns on …

A look at the day ahead from Sujata Rao. After U.S. Q4 GDP came in at an annualised 6.9%, the highest since 1983, could Europe go one better? Yes and …

BEIJING – The Chinese city of Xiamen is preparing for the launch of a pilot real estate tax as part of efforts to guard against major market fluctuations, in the …

By Supantha Mukherjee STOCKHOLM -Nordic telecoms operator Telia gave an upbeat growth forecast on Friday as it reported better than expected quarterly core earnings, helped by growth in service revenue …

TOKYO – The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield as an option when the time comes to exit its ultra-easy policy, …

By Leigh Thomas PARIS -France posted its strongest growth in over five decades last year, hitting 7% as the euro zone’s second-biggest economy bounced back from the COVID-19 crisis faster …

By Joyce Lee and Heekyong Yang SEOUL -South Korean steelmaker POSCO’s operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher …

AMSTERDAM – Signify NV, the world’s largest lighting maker, reported a 6% increase in fourth-quarter core earnings on Friday, as higher sales offset a rapid increase in the prices of …

– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting …

By Jesús Aguado MADRID -Spain’s Caixabank on Friday said its fourth-quarter recurrent profit in 2021 fell 52% from the same period a year earlier due to lower one-off gains. Caixabank, …

By Anshuman Daga and Indranil Sarkar SINGAPORE -DBS Group has agreed to pay S$956 million ($706.6 million) for Citigroup’s consumer business in Taiwan, making the Singapore lender the largest foreign …

By Lucia Mutikani WASHINGTON – The U.S. economy notched its strongest growth in nearly four decades in 2021 after the government pumped trillions of dollars in COVID-19 relief, and is …

SINGAPORE – Singapore’s manpower ministry said on Friday it expects the country’s jobless rate to fall to pre-pandemic levels in the months ahead as the unemployment situation continues to improve, …

By Andrew Chung, Lawrence Hurley and Steve Holland WASHINGTON -President Joe Biden on Thursday said he plans by the end of February to nominate a Black woman to replace retiring …

By Danielle Kaye, Paresh Dave and Nivedita Balu -Apple Inc is overcoming the costly global shortage in computer chips, posting record sales over the holiday quarter, beating profit estimates and …

By Paresh Dave OAKLAND, Calif. -Apple Inc is stifling competition through its mobile app store, attorneys general for 34 U.S. states and the District of Columbia said on Thursday, as …

TOKYO – Japan’s factory output likely slid in December for the first time in three months due to lingering supply bottlenecks, a Reuters poll showed. Meanwhile, retail sales were seen …

By Brian Ellsworth MIAMI -The U.S. Coast Guard on Thursday called off a three-day search for 34 people lost at sea off Florida from a boat that capsized while engaged …

By Andrea Shalal WASHINGTON -The U.S. Chamber of Commerce on Thursday sent an unprecedented letter to lawmakers raising concerns about Sarah Bloom Raskin, President Joe Biden’s nominee as the Federal …

By Josh Smith SEOUL – This January has been one of the busiest months ever for North Korea’s missile testing, with launches displaying a dizzying array of weapon types, launch …

By Peter Hobson LONDON – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold …

By Susan Heavey WASHINGTON -President Joe Biden on Thursday called on Congress to immediately enshrine the Equal Rights Amendment in the U.S. Constitution and formally protect women’s rights nearly a …

By Leika Kihara TOKYO – The International Monetary Fund urged Japan on Friday to scale back emergency pandemic support, and consider raising taxes on property and capital income once the …