India sees GDP growth slowing on global weakness
By Shubham Batra and Nikunj Ohri NEW DELHI (Reuters) – India forecast economic growth of 6% to 6.8% in the 2023/24 fiscal year, slowing from the 7% growth projected for…
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By Shubham Batra and Nikunj Ohri NEW DELHI (Reuters) – India forecast economic growth of 6% to 6.8% in the 2023/24 fiscal year, slowing from the 7% growth projected for…
By James Davey LONDON (Reuters) – British grocery inflation hit a record 16.7% in the four weeks to Jan. 22, dealing another blow to consumers battling an escalating cost-of-living crisis,…
LONDON (Reuters) – Mortgage approvals in Britain slumped in December to levels seen during the global financial crisis, Bank of England data showed on Tuesday in a further indication that…
BERLIN (Reuters) -Germany’s unemployment rate remained stable in January, Labour Office figures showed on Tuesday. The Federal Labour Office said the number of people out of work fell by 15,000…
(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics department said on Tuesday. The Colombo Consumer Price Index (CCPI) reflected…
FRANKFURT (Reuters) -Euro zone banks have tightened companies’ access to credit by the most since the 2011 debt crisis and expect to continue doing so as they turn more pessimistic…
By Canan Sevgili and Can Sezer ISTANBUL (Reuters) – Turkey’s tourism revenue hit a record $46.3 billion in 2022 even as its trade deficit swelled to more than $109 billion,…
PARIS (Reuters) – French inflation rose in January on higher energy prices after the government phased out some measures that had reined in increases, according to preliminary figures released on…
BANGKOK (Reuters) – Thailand’s economic recovery maintained its traction in December, boosted by increased tourism and domestic consumption, but exports were affected by the slowing economies of trading partners, the…
DUBAI (Reuters) – The International Monetary Fund (IMF) has revised its 2023 growth forecast for Saudi Arabia, the world’s top oil exporter, significantly downwards on the back of lower expected…
(Reuters) – A.G. Barr said on Tuesday it expects its full-year revenue and profit to beat market expectations, helped by price hikes and steady demand for its cocktail mixes and…
By Noele Illien ZURICH (Reuters) -UBS, Switzerland’s biggest bank, forecast an uncertain year ahead due to the war in Ukraine and sagging client confidence on Tuesday, despite trumping expectations for…
TAIPEI (Reuters) – Taiwan’s export orders contracted for a fourth straight month in December, hit by slumping Chinese demand and weaker global consumer spending due to inflation and interest rate…
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank Swedbank reported a bigger-than-expected rise in net profit for the fourth quarter and proposed raising its annual dividend on Tuesday as surging central…
By Gilles Guillaume PARIS (Reuters) -Renault and Nissan hailed a new deal announced on Monday as a major step in reviving their two decade alliance. But for the French car…
LONDON (Reuters) – The British public’s predictions for inflation cooled again in January, according to a survey on Tuesday that should further comfort the Bank of England that high prices…
SEOUL (Reuters) – Most Bank of Korea board members at a Jan. 13 meeting turned cautious about interest rates rises, even though a majority voted for one on that day,…
By Lucy Raitano LONDON (Reuters) – Europe’s glittering luxury companies, the region’s top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but…
JOHANNESBURG (Reuters) -South Africa’s biggest supermarket group Shoprite reported a 16.8% jump in half year sales on Tuesday, supported by a record Black Friday and festive season as both cash-strapped…
PARIS (Reuters) -France managed to eke out meagre growth in the final quarter of 2022 as falling energy imports and firm business investment offset a pullback in consumer spending, preliminary…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Recession worries are sending investors into Treasuries and other fixed income investments ahead of the Federal Reserve’s first meeting of 2023, even as…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even…
SHANGHAI (Reuters) – Chinese electric vehicle (EV) giant BYD said on Tuesday it is working on a potential acquisition of Yi’an P&C Insurance Co, an insurer that was seized by…
By Naomi Rovnick, Marc Jones and Yoruk Bahceli LONDON (Reuters) – From stocks to government bonds, markets have had one of their best starts to the year in decades but…
SYDNEY (Reuters) -The trade ministers of Australia and China will hold a virtual meeting next week, Australia’s trade minister, Don Farrell, told broadcaster ABC in an interview on Tuesday. The…