Australia wage growth picks up in Q2, lags forecasts and inflation
By Wayne Cole SYDNEY (Reuters) – Australian wage growth rose at the fastest pace in almost eight years last quarter as red-hot demand for labour …
Growth
Cloud hangs over U.S. chipmakers on worries data center growth could slow
By Jane Lanhee Lee (Reuters) – Cloud and data centers, the chip industry’s strongest sector, may be its next problem: Signs are showing growth could …
Bangladesh garment export growth seen slowing to ‘normal’ 15% this year
By Ruma Paul and Krishna N. Das DHAKA – Growth in Bangladesh’s garment exports could drop to about 15% this year after an unusually strong …
TPG quarterly earnings more than triple on fee growth, asset sales
By Chibuike Oguh NEW YORK – TPG Inc said on Tuesday its second-quarter after-tax distributable earnings more than tripled, owing to strong growth in management …
Shopify merchant growth falters as weak consumer spending hits businesses
By Nivedita Balu (Reuters) – Businesses stung by rising costs and lower consumer spending are shying away from Shopify’s platform, creating a roadblock in its …
Deutsche Post reports double-digit Q2 earnings growth
BERLIN -German logistics company Deutsche Post reported double-digit growth in revenue and earnings on Friday and confirmed its outlook for 2022, as its flourishing freight …
China July export growth seen cooling, imports likely to rise: Reuters poll
BEIJING – China’s export growth is expected to have slowed in July, adding to signs of weakening global demand, while imports likely picked up slightly, …
Beiersdorf posts 10.5% organic sales growth in H1, affirms outlook
BERLIN – Nivea owner Beiersdorf posted 10.5% organic sales growth in the first half of the year, it said on Thursday, affirming its guidance for …
Irish services growth picks up, bucking euro zone trend – PMI
DUBLIN – Growth in Ireland’s services sector accelerated for the first time in four months in July, a survey showed on Thursday, bucking the deteriorating …
French services growth slowed less than first forecast in July -final PMI
PARIS – Growth in France’s services sector weakened by less than initially expected in July, yet inflationary pressures were likely to weigh in the near-term …
Spanish services sector growth slows slightly in July -PMI
MADRID – Activity in Spain’s services sector grew in July at the slowest pace since March, with companies increasingly concerned about the impact of high …
Russian services sector records fastest output growth in over a year -PMI
MOSCOW – Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong …
Swiss PMI dips slightly but industry stays in growth mode
ZURICH – The Swiss purchasing managers’ (PMI) index fell by 1.1 points in July, according to data published on Tuesday, but remained in positive territory …
Thai GDP growth seen at 3.3% this year – PM
BANGKOK – Thailand’s economy is expected to grow 3.3% this year and 4.2% next year, helped by increased tourism, the prime minister said on Tuesday. …
China leaders say 5.5% GDP growth is guidance, not hard target – Bloomberg News
(Reuters) – Chinese leaders told the government that this year’s economic growth of about 5.5% is a guidance and not a hard target in a …
Global thematic funds see big outflows as growth stocks falter
By Patturaja Murugaboopathy (Reuters) – Global thematic funds are facing heavy outflows this year as investors’ fascination fade with such assets, most of which are …
Japan’s July factory activity growth slows as output, new orders contract
TOKYO – Japan’s manufacturing activity expanded at the weakest rate in 10 months in July, as pressure from rising prices and supply disruptions hurt output …
Euro zone Q2 growth accelerates, defies expectations of slowdown
BRUSSELS – Euro zone economic growth accelerated quarter-on-quarter in the second quarter, preliminary data showed on Friday, defying expectations of a slowdown, thanks to a …
Spain’s second-quarter GDP growth of 1.1% tops estimates
(Reuters) – Spain’s second-quarter economy expanded 1.1% over the previous three months to top growth estimates on robust overseas demand for the country’s goods and …
China Hints At Missing Economic Growth Target Amid Banking Crisis, Declining Population
China Hints At Missing Economic Growth Target Amid Banking Crisis, Declining Population Micaela Burrow on July 28, 2022 Chinese leaders muted expectations of economic growth …
S.Korean exports retain single-digit growth in July; inflation at 24-yr high – Reuters poll
By Jihoon Lee SEOUL – South Korean export growth rate likely rebounded in July, but remained in the single-digit level, a Reuters poll showed on …
Taiwan chipmaker UMC sees further growth for sector into 2023
By Sarah Wu TAIPEI – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday it sees continued growth for the industry into next year, even …
Gartner forecasts chip sales growth to slow down in 2022, fall next year
By Supantha Mukherjee STOCKHOLM – IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall …
Italy’s Fincantieri reports 16% growth in H1 revenues
MILAN – Italian shipbuilder Fincantieri reported on Tuesday 16% growth in revenues to 3.5 billion euros ($3.54 billion) in the first half of this year …
Spain raises inflation forecast for 2022, lowers GDP growth target for 2023
MADRID – Spain raised its inflation forecasts for 2022 and 2023 and lowered its economic growth target for 2023, Economy Minister Nadia Calvino said on …
Japan slashes fiscal year GDP growth f’cast to 2.0% on global demand slump
By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact …
Germany faces slower growth and new spike in inflation, Bundesbank says
FRANKFURT – The German economy is likely to have grown less than expected this quarter and may face a new spike in inflation in September …
Japan’s July factory activity growth slows to 10-month low – flash PMI
TOKYO – Japan’s manufacturing activity grew at the slowest pace in 10 months in July as output and new orders contracted, boding ill for an …
France sees slower growth stalling deficit reduction in 2023
PARIS – French economic growth will slow sharply next year in the face of mounting geopolitical risks, pushing back improvement in the public sector budget …
Ukraine war, higher rates to limit growth in developing Asia – ADB
By Karen Lema MANILA – The Asian Development Bank (ADB) on Thursday slashed its growth forecasts for developing Asia for this year and next, reflecting …
U.S. pipeline companies eye nat gas infrastructure for growth
By Laila Kearney NEW YORK – U.S. midstream companies have set their sights on natural gas pipelines and export terminals as a key growth opportunity …
Japan Q3, FY22 growth seen weaker as global economy stutters – Reuters poll
By Kantaro Komiya TOKYO – Japan’s economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, …
Vietnam central bank says will stick to monetary policy that supports economic growth
HANOI – Vietnam will stick to a monetary policy that is “supportive for economic growth” while closely monitoring the inflation situation, the State Bank of …
Crash Champions Announces Growth Investment from Clearlake and Strategic Transaction with Service King
Founded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in …
Simply Beautiful Smiles Surpasses 40 Offices, Accelerating Growth
Full service DSO doubles footprint over just two years, on pace for 50+ offices in 2022 TREVOSE, Penn., July 15, 2022 — Simply Beautiful Smiles, …
Triple-I: Population Growth Drives Hurricane Loss Trends
When adjusted for inflation, nine of the 10 costliest hurricanes in U.S. history have struck since 2005. Tweet this Citing 2020 U.S. Census data, Triple-I …
China’s fiscal revenue growth quickens as economy recovers
BEIJING -China’s fiscal revenue growth accelerated in January-June from the first five months, the finance ministry said on Thursday, as the economy showed signs of …
UK house price growth falls to lowest since March 2021 – RICS
By David Milliken LONDON – British house prices rose at their slowest pace in more than a year last month as buyer demand softened slightly …
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher …
China Q2 GDP growth seen dipping to 1% on COVID hit, 2022 growth at 4% – Reuters poll
By Kevin Yao BEIJING – China’s economic growth likely slowed sharply in the second quarter as COVID-19 lockdowns hit factories and consumer spending, a Reuters …
Global Data Center Colocation Industry Report 2022-2027 – Higher Anticipated Growth in Wholesale Datacenter Colocation Spaces to Propel Demand
DUBLIN, July 12, 2022 — The “Data Center Colocation Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)” report has been added to ResearchAndMarkets.com’s offering. The …
Brazil’s growth spurt shadowed by concerns over spending plans – Reuters poll
By Gabriel Burin BUENOS AIRES – Brazil’s growth spurt this year has been overshadowed by worries about an increasing number of hastily put-together spending plans …
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
Aerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket …
U.S. consumer credit growth slows considerably in May
WASHINGTON – U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend …
Fed’s Williams sees growth lagging below 1% in 2022
By Howard Schneider MAYAGUEZ, Puerto Rico – U.S. economic growth could fall below 1% this year and remain sluggish through 2023 as the Fed acts …
Singapore minister says India needs higher economic growth to create jobs
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, …
Fed’s Bullard sees continued U.S. economic growth
(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down …
Inflation turns 3% growth for German retail into 2% contraction – association
BERLIN – The German Retail Association left unchanged its forecast for the sector to grow 3% in nominal terms in 2022, but rising inflation meant …
Italy service sector growth slows for second month in June -PMI
ROME – Italy’s services sector growth slowed for a second month running in June amid high inflation and faltering demand, a survey showed on Tuesday. …
Russia’s services sector returned to growth in June -PMI
MOSCOW – Russia’s service sector expanded last month for the first time since February, when Moscow sent tens of thousands of troops into Ukraine, a …