MUMBAI – India’s growth story remains as weak as it was during the 2013 ‘taper tantrum’ and geopolitical tensions in Ukraine and Russia are further likely to hurt a recovery,…
BERLIN – Russia’s war in Ukraine could reduce Germany’s 2022 economic expansion by 2 percentage points, more than halving the growth rate for this year, according to a study published…
By Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including the war in Ukraine, pledging…
SINGAPORE – Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia’s invasion of Ukraine will hurt…
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping…
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester,…
By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro…
By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks…
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to…
WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South…
BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, trade and consumption, its finance…
By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a…
JERSEY CITY, N.J., March 7, 2022 — IT By Design (ITBD), a Master Managed Services Provider (MMSP), announced today that it has partnered with the MSP Growth Coalition and Co-founder /…
By Yew Lun Tian BEIJING -Chinese Premier Li Keqiang pledged on Saturday to advance peaceful growth in relations with Taiwan and “reunification”, and said his government firmly opposes any separatist…
Watchdog On Wall Street Slams Biden For ‘Zero’ Wage Growth In February Jobs Report Samantha Renck on March 4, 2022 “Watchdog on Wall Street” host Chris Markowski sat down with…
By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia…
By Nia Williams CALGARY, Alberta – The world is scrambling for oil after Russia’s invasion of Ukraine sent prices rocketing and upended global supply but producers in Canada, home to…
WASHINGTON – New orders for U.S.-made goods increased more than expected in January, pointing to continued strength in manufacturing despite supply challenges. The Commerce Department said on Thursday that factory…
WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker,…
– Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following…
LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia…
By Gavin Jones and Giuseppe Fonte ROME – Italy’s economy grew 6.6% last year following a record contraction of 9.0% in 2020, while the budget deficit and public debt came…
BEIJING – Activity in China’s services sector grew at a faster pace in February, official data showed on Tuesday. The official non-manufacturing Purchasing Managers’ Index (PMI) was at 51.6 in…
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output,…
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery,…