China’s fiscal revenue growth quickens as economy recovers
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a year earlier, accelerating sharply from a 0.5% rise in January-March,…
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a year earlier, accelerating sharply from a 0.5% rise in January-March,…
By Suleiman Al-Khalidi AMMAN (Reuters) – The International Monetary Fund said on Wednesday Jordan needed to accelerate structural economic reforms to push growth beyond the average 2% to 3% it…
(Reuters) – BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the back of growth in its cybersecurity business, sending shares up…
(Reuters) – Brazil’s Nubank on Monday reported record revenue for the first-quarter as the digital bank benefited from steady growth in users and higher average revenue per customer. Warren Buffett-backed…
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next thanks to faster expansion in Italy and Spain, but inflation…
ROME (Reuters) – The European Commission will forecast Germany’s economic growth this year at 0.2%, while projecting a 1.2% rate for Italy, Italian daily La Stampa reported on Monday, citing…
A look at the day ahead in European and global markets from Ankur Banerjee Signs of an economic slowdown across the globe, lingering worries over the U.S. debt ceiling and…
SEOUL (Reuters) – South Korea’s top government research body has cut its economic growth forecast for this year to 1.5% from its earlier view of 1.8%, saying a deeper and…
PARIS (Reuters) – The French economy is set to grow slightly in the second quarter when compared to the previous one, the country’s central bank said on Wednesday, as activity…
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew in January-March at the fastest pace in three quarters, as spending in the services sector offset soft business activity, a…
By Sujith Pai BENGALURU (Reuters) – Malaysia’s economic growth probably slowed in the first quarter, hit by tepid consumption and declining exports, a Reuters poll of economists showed. The Southeast…
(Reuters) – Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a…
By Nyasha Chingono HARARE (Reuters) – The value of stocks on Zimbabwe’s dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its…
HANOI (Reuters) – Vietnamese lawmakers on Tuesday urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target…
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, and unsettled weather discouraged many…
FRANKFURT (Reuters) – German technology group Robert Bosch expects 6% to 9% revenue growth this year from 88.2 billion euros ($97.49 billion) in 2022 and an EBIT margin of 5%,…
(Reuters) – Smartwatch and navigation equipment maker Garmin Ltd topped first-quarter revenue estimates on Wednesday, boosted by strong growth in its businesses catering to the aviation and marine industries. Garmin’s…
DUBAI (Reuters) – Economic growth in the Middle East, North Africa and Central Asia regions will slow in 2023, underlining the need to accelerate structural reforms, the International Monetary Fund…
SYDNEY (Reuters) – Australia’s central bank said on Wednesday that a rapid recovery in population growth was a big surprise for the bank’s economic forecasts, pushing up rents and leading…
SYDNEY (Reuters) – Australian retail sales grew at their slowest annual pace in 14 months in March in a warning sign for consumption that will only get worse following a…
ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its recovery in the wake of…
US Economic Growth Slows To A Crawl Jason Cohen on April 27, 2023 The U.S. economy slowed to a 1.1% annual growth rate in the first quarter of 2023, according…
(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development Bank…
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…
By Neil Jerome Morales MANILA (Reuters) – The Philippines on Monday maintained its economic growth targets over the next five years, citing momentum from increased domestic demand and better labour…