Growth

(Reuters) – Brazil’s Nubank on Tuesday reported record revenue for the second quarter as the Warren Buffett-backed digital banking firm logged a surge in new customers. The Brazilian lender has …

By William Schomberg and Andy Bruce LONDON (Reuters) -Basic wages in Britain hit a new record growth rate, figures showed on Tuesday, adding to worries for the Bank of England …

(Reuters) – General Motors is still struggling to ramp up production of electric vehicles, a top executive said on Wednesday. Speaking at a J.P. Morgan investor conference, GM Chief Financial …

By Arathy Somasekhar HOUSTON (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well but lack the level of activity to add significant new …

LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed …

By Suban Abdulla LONDON (Reuters) – British employers reduced the number of new permanent staff they hired through recruitment agencies by the most since mid 2020 last month due to …

(Reuters) – JPMorgan’s chief economist said on Friday the bank is no longer forecasting a U.S. recession this year and has raised its economic growth estimate as the economy expands …

By David Shepardson and Rajesh Kumar Singh (Reuters) – United Airlines on Friday said it is spending $33 million to buy 113 acres (46 hectares) in Denver as part of …

NEW YORK (Reuters) – The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued …

By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy likely grew 4.93% from a year earlier in the April-June quarter, the slowest since the third quarter of 2021, due to weakening …

LONDON (Reuters) – The Bank of England said on Thursday that businesses expected slower increases in the prices they charge and the wages they pay to staff, citing the findings …

WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook. Nonfarm productivity, …

SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre reported a 113% rise in its second-quarter net income on Wednesday to $261.9 million, amid higher sales volume and an increase in …

DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input and output cost pressures, a …

TOKYO (Reuters) – Japan’s service sector activity expanded at a slightly slower pace in July as new business growth eased and cost pressures remained high, but the overall performance of …

BOGOTA (Reuters) -The technical team of Colombia’s central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut its forecast growth for Latin …

(Reuters) – Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year’s economic slump continued with double-digit jumps …

(Reuters) – Navigation equipment maker Garmin beat market estimates for second-quarter revenue and profit on Wednesday, thanks to strong growth in its auto and fitness businesses. The company has been …

(Reuters) – Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth, sending its shares …

By Anant Chandak BENGALURU (Reuters) – Growth in India’s manufacturing activity eased in July for a second month, with some moderation in output and new orders, although the pace of …

By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, …

HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the momentum softening after a strong …