BERLIN (Reuters) – Employment agencies are increasingly upbeat about the German labour market despite the challenging economic environment, according to a survey by the Institute for Employment Research (IAB) published…
MANILA (Reuters) – Economic growth in the Philippines will reach at least 6% this year, the central bank governor said on Monday, consistent with the government’s 6%-7% target for 2023.…
MADRID (Reuters) – Spain’s Telefonica forecast steady revenue and earnings growth for 2023, sending the telecom firm’s shares higher on Thursday after it posted on-target numbers for last year. Telefonica…
(Reuters) -Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of COVID-19 restrictions.…
MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state statistics service Rosstat showed on Wednesday, easing inflationary concerns flagged…
By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and…
FRANKFURT (Reuters) – Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is no wage-price spiral underway, European Central Bank President Christine Lagarde…
BERLIN (Reuters) – German business activity returned to growth for the first time in eight months in February thanks to easing supply bottlenecks and improved underlying demand, a preliminary survey…
By Sudip Kar-Gupta PARIS (Reuters) – French economic activity grew in February for the first time since October, helped by a slight easing in inflationary pressures and strength in the…
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday wage growth will likely accelerate as companies increase pay to compensate households for the higher cost of living,…
JAKARTA (Reuters) – Indonesia expects to bring its budget to a narrower fiscal deficit next year, even as its economic growth is predicted to accelerate, senior officials said on Monday,…
By Neil Marks and Marianna Parraga GEORGETOWN (Reuters) – Guyana’s government is forecasting the nascent oil producer’s economy, which has recently been among the world’s fastest-growing, will expand by at…
By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank…
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening monetary conditions, curbed private consumption,…
LIMA (Reuters) – Peru’s economy slowed down for the second month in a row, missing forecasts for the last month of 2022, figures from the national statistics institute showed on…
BANGKOK (Reuters) – Thailand’s economy is recovering slowly but steadily, boosted by a rebound in a vital tourism sector that will remain the key driver of growth this year, its…
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance…
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact…
By Brendan O’Boyle (Reuters) – Peru’s economic outlook is “very uncertain,” but strong economic fundamentals could provide a buffer against prevailing risks, the International Monetary Fund (IMF) said on Thursday…
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s economy will have grown significantly for the second consecutive year in 2022, but expansion will slow sharply this year on high interest rates…
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on Thursday, providing further signs of…
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace of its rate hikes…
OTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter…
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Malaysia’s economic growth likely slowed by more than half to 6.6% in the fourth quarter of 2022 due to tepid consumption and…
(Reuters) – Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0% from 4.1% previously as consumption and broader activity are recovering faster thaninitially anticipated…