Britain reforms finance to exploit Brexit and ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock…
By Huw Jones LONDON (Reuters) – Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock…
By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of 30 measures the government says will unlock investment and secure…
PARIS (Reuters) – The French economy is on course to finish the year with slightly positive growth in the fourth quarter, the central bank said on Thursday in its monthly…
(Reuters) – Wells Fargo is expecting the global economy to grow at a slower pace in 2023, joining other big American banks that have tempered their estimates this year and…
DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the country’s economy minister said on Thursday. (Reporting by Yousef Saba,…
LONDON (Reuters) – British American Tobacco said on Thursday it expects full-year revenue growth of between 2% and 4% at constant currency rates, as more people are using its e-cigarettes…
NAIROBI (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…
BRUSSELS (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…
DUBAI (Reuters) – The United Arab Emirates’ non-oil private sector grew in November at its slowest pace since January, as signs emerged that concern over a global slowdown weighed on…
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to…
STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs as it looked to boost returns on equity by 2025,…
By Francesca Piscioneri ROME (Reuters) – Italy’s economy will grow by 0.4% next year, national statistics bureau ISTAT said on Tuesday, slashing a 1.9% projection made in June and warning…
MANILA (Reuters) – The Philippine economy is expected to lose momentum in 2023 with the pace of expansion set to slow to 5.7% as soaring inflation and higher interest rates…
HANOI (Reuters) -Vietnam’s central bank said on Monday it had raised its 14% cap on the local banking system’s credit growth for this year by 1.5-2.0 percentage points. The move…
By Indradip Ghosh BENGALURU (Reuters) – India’s services activity grew at its quickest pace in three months in November on strong demand, lifting optimism to its highest in eight years,…
Job Growth Shatters Expectations In November As Labor Market Stays Tight John Hugh DeMastri on December 2, 2022 The U.S. added 263,000 jobs in November, according to the Bureau of…
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…
BEIJING (Reuters) – China’s central bank will focus on supporting the slowing economy, People’s Bank of China Governor Yi Gang said on Friday, adding that domestic consumer inflation is likely…
LONDON (Reuters) – Wizz Air “is not a good candidate” for mergers and acquisitions, but will focus on organic growth for the time being, its Chief Executive Jozsef Varadi said…
WASHINGTON (Reuters) – U.S. private payrolls increased far less than expected in November, suggesting demand for labor was cooling amid high interest rates, a survey showed on Wednesday. Private employment…
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,…
By 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…
By Aftab Ahmed NEW DELHI (Reuters) – Annual growth in the Indian economy likely slowed in the July-September quarter as COVID distortions faded, economists said ahead of GDP data due…
BANGKOK (Reuters) – Thailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the…
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-on-year, official data showed on Tuesday, lagging…