China factory activity growth accelerates in Dec – Caixin PMI
BEIJING (Reuters) – China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey…
China’s Nov services activity accelerates on boost from new orders – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months…
Palladium’s slide accelerates on prospects for surplus next year
By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to the…
US annual home price growth accelerates again in August
(Reuters) -U.S. annual home price growth accelerated for a third straight month in August, underscoring the recovery of the housing market after a period of softening, data showed on Tuesday. Home prices…
Core inflation in Japan’s capital unexpectedly accelerates, BOJ in spotlight
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital Tokyo, considered a leading indicator of nationwide trends, unexpectedly accelerated in October, a sign of broadening price pressures…
Russian inflation accelerates at fastest monthly rate since April 2022
(Reuters) – Inflation in Russia accelerated in September at its fastest month-on-month pace since April 2022, when double-digit price rises gripped Russia after its invasion of Ukraine, data from the state statistics…
Russian consumer inflation accelerates again in June
(Reuters) – Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the central bank is expected to hike interest…
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which also showed…
Retailer Carrefour confident as Q1 sales growth accelerates
By Dominique Vidalon PARIS (Reuters) -Carrefour, Europe’s largest food retailer, said on Tuesday it was confident of more profit and cash flow growth this year despite high inflation, after sales growth accelerated…
U.S. productivity accelerates in fourth quarter
WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which measures hourly output per worker, rose at…
Egypt’s December inflation accelerates to annual 21.3%
CAIRO (Reuters) – Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tuesday. The inflation figure…
U.S. accelerates Ukraine diplomacy as Europe slides into winter
By Humeyra Pamuk and Michelle Nichols WASHINGTON (Reuters) – Nearly ten months into the war in Ukraine, the Biden administration is intensifying diplomatic efforts to ensure that the transatlantic alliance that opposes…
Volvo Cars’ sales growth accelerates to 12% in November
STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. “Overall underlying demand for the company’s cars continues to remain robust, especially…
Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter, boosted by higher private consumption despite inflation at three-decade highs, but exports…
Pakistan’s Oct CPI accelerates to 26.6% y/y on food and fuel costs
KARACHI, Pakistan (Reuters) – Pakistan’s consumer inflation accelerated in October to 26.6% from a year earlier, the statistics bureau said on Tuesday, with prices showing a rise of 4.7% from the previous…
Portugal’s quarterly growth accelerates, consumption defies inflation
LISBON (Reuters) -Portugal’s economic growth accelerated to 0.4% in the third quarter from the previous quarter’s 0.1% thanks to an unexpected rise in private consumption despite high inflation, although annual expansion slowed…
Shipley Do-Nuts Accelerates Growth With New Multi-Unit Deals
Brand to enter new markets in West Texas and Florida with 20 new locations Houston, TX (-) Shipley Do-Nuts, a leading do-nut restaurant franchisor and manufacturer of specialty food products, continues its…
Freddy’s Frozen Custard & Steakburgers Accelerates Growth With New Multi-Unit Deals
Leading Fast-Casual Concept Signs Four Agreements to Develop 15 New Restaurants Across Six States Wichita, KS (-) Leading fast-casual restaurant concept Freddy’s Frozen Custard & Steakburgers has signed four new multi-unit agreements…
Shipley Do-Nuts Accelerates Growth With New State Entry
Brand introduces South Carolina to ‘World’s Greatest Do-Nut’ and unique kolaches Houston, TX (-) Shipley Do-Nuts, makers of gourmet, made-fresh-daily do-nuts for 85 years, opened its first location in South Carolina in…
Mountain Mike’s Pizza Accelerates Franchise Growth in the First Half of 2022
Mountain Mike’s Pizza on Track for Yet Another Record-Breaking Year Leading Family-Style Pizza Chain is Tracking Toward Yet Another Record-Breaking Sales Year Newport Beach, CA (-) Mountain Mike’s Pizza, LLC, a leading…
Venezuela inflation accelerates to 8.2% m/m in August
CARACAS (Reuters) – Venezuela’s monthly inflation rate increased to 8.2% in August from 7.5% in July, according to data released on Tuesday by the country’s central bank. According to Reuters calculations, this…
U.S. manufacturing production accelerates in July
WASHINGTON – Production at U.S. factories increased more than expected in July as output rose at motor vehicle plants and elsewhere, pointing to underlying strength in manufacturing despite ebbing business confidence. Manufacturing…
U.S. consumer spending beats expectations in June; inflation accelerates
WASHINGTON – U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the most since 2005. Consumer spending, which accounts…
Euro zone Q2 growth accelerates, defies expectations of slowdown
BRUSSELS – Euro zone economic growth accelerated quarter-on-quarter in the second quarter, preliminary data showed on Friday, defying expectations of a slowdown, thanks to a much stronger than forecast performance in Spain,…
Valeo posts profit beat amid ‘improving’ chip shortage, EV adoption accelerates
(Reuters) – French car parts maker Valeo on Tuesday posted slightly better-than-expected half-year core profit and reiterated its full-year guidance, citing a projected increase in global car output. Valeo’s half-year earnings before…
South Korea exports growth accelerates in May, China curbs hurt
By Cynthia Kim SEOUL – South Korea’s exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more than offset…
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