BRASILIA (Reuters) – Brazil’s economic activity contracted in October, a central bank index showed on Wednesday, as aggressive interest-rate hikes to battle inflation takes a toll on growth in Latin …
Economic
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Business News
United Airlines preparing for ‘mild’ economic recession next year -CEO
by Reutersby ReutersBy David Shepardson and Rajesh Kumar Singh NORTH CHARLESTON, S.C./CHICAGO (Reuters) – United Airlines Inc Chief Executive Scott Kirby on Tuesday said his company is preparing for a “mild” economic …
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Conservative TimesOpinion - EditorialPoliticsTop HeadlinesTrending News
JASON ISAAC: If The Grinch Ever Wanted To Steal Christmas Again, He Could Just Adopt The Left’s Economic Policies
JASON ISAAC: If The Grinch Ever Wanted To Steal Christmas Again, He Could Just Adopt The Left’s Economic Policies Jason Isaac on December 12, 2022 At a popular lunch spot …
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ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, with no energy shortages causing …
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AMSTERDAM (Reuters) – Economic growth in the Netherlands is set to slow to 0.6% next year as high inflation hits domestic spending and puts a brake on exports, the International …
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Business News
Yellen ‘open’ to visiting China, will seek deeper economic engagement
by Reutersby ReutersBy Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said she was “open” to visit China as she seeks to deepen economic engagement with …
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Business News
Kenya’s economic growth to slow to 5% next year, World Bank says
by Reutersby ReutersNAIROBI (Reuters) – Kenya’s economic growth will slow down to 5% next year from an estimated 5.5% this year, the World Bank said on Thursday, as the rebound from the …
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Business News
Australian minister urges greater U.S. economic engagement with Indo-Pacific
by Reutersby ReutersWASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a regional trade pact was still being felt and that enhanced …
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Business News
J.P.Morgan sees ‘milder’ euro zone economic contraction in fourth quarter
by Reutersby Reuters(Reuters) – J.P.Morgan on Wednesday forecast a “milder” fourth-quarter contraction in the euro zone after strong resilience of the household sector resulted in a better-than-expected economic growth in the prior …
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Business News
Wall Street cuts jobs as grim economic reality sets in – Lazard CEO
by Reutersby Reuters(Reuters) – Wall Street banks are adjusting to a more sluggish economic environment by laying off staff even as they compete to retain and recruit top talent, Kenneth Jacobs, Chief …
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Business News
Mexico peso seen resilient through economic slowdown in 2023: Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES (Reuters) – The Mexican peso will weaken only modestly in 2023 through a gathering economic slowdown as confidence in the country’s moderate policies and manageable …
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Business News
Euro zone economic growth revised up with household, business support
by Reutersby ReutersBRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and …
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Business News
Gulf states, looking East, to reinforce economic ties with China as Xi visits Saudi
by Reutersby ReutersBy Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature prominently in President Xi Jinping’s visit to Saudi Arabia this …
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Business News
Ghana to swap domestic debt in fight to regain economic stability
by Reutersby ReutersBy Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing confidence that the move would …
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Business News
Russia’s more gradual economic contraction to extend into 2023: Reuters Poll
by Reutersby ReutersBy Alexander Marrow MOSCOW (Reuters) – Russia’s economy is set to shrink by 2.5% next year, on top of a 3% contraction in 2022, a Reuters poll suggested on Friday, …
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Business News
Turkey’s economic growth slows to 3.9% in Q3 as foreign demand falls
by Reutersby ReutersBy Nevzat Devranoglu and Ali Kucukgocmen ANKARA (Reuters) – Turkey’s economy expanded 3.9% in the third quarter from a year ago, according to official data released on Wednesday, though growth …
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BRUSSELS (Reuters) – Euro zone economic sentiment rebounded in November slightly more than expected, data showed on Tuesday, rising for the first time since the Russian invasion of Ukraine in …
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By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the …
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CAIRO (Reuters) – Egypt posted economic growth at 4.4% in Q1 of the fiscal year 2022/23, a cabinet statement said on Monday. The employment rate rose slightly to 7.4% in …
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Business News
France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package
by Reutersby ReutersPARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act to protect the bloc’s economic …
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Business News
Abu Dhabi close to unveiling new economic strategy – economic development chairman
by Reutersby ReutersABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department of Economic Development, said on …
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By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Wednesday it has reached a staff-level agreement with Ukraine for a policy program monitoring arrangement that aims to pave …
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Business News
Energy supply improvements brighten Germany’s economic picture -Ifo
by Reutersby ReutersBERLIN (Reuters) – Germany’s economic picture has become slightly brighter, with improvements in gas supply, in particular, having an effect, the head of Germany’s Ifo institute told Reuters on Tuesday. …
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TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal rebalancing is still needed to …
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US and World News
U.S. VP Harris: United States has enduring economic commitment to Indo-Pacific
by Reutersby ReutersBANGKOK (Reuters) – U.S. Vice President Kamala Harris told a CEO summit during an APEC summit in Bangkok on Friday that her country has an “enduring economic commitment” to the …