Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Spain’s GDP growth likely to top government outlook of 4.4%, finance minister says
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Monday said “everything points out” that the country’s gross domestic product in 2022 will grow above the 4.4% rate predicted in the government’s…
Brazil’s economic activity resumes growth in September, but below expectations
BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed on Monday. The IBC-Br economic activity index,…
Czech wage growth below 5% needed to tame inflation, central bank governor says
PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as the bank…
UK needs to make politically unpopular reforms to boost growth, business group says
LONDON (Reuters) – The British government must be willing to make politically unpopular choices in areas such as immigration and regulation to boost business investment and economic growth, the Confederation of British…
Governor Murphy’s hands-off policy on black bears has led to population growth, dangers
TRENTON, NJ – New Jersey Governor Phil Murphy issued a moratorium on the annual black bear hunt in New Jersey shortly after he took office. Now, the black bear population has exploded…
Mexico president would like to see central bank balance inflation, growth
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Friday said he would like to see the Bank of Mexico balance fighting inflation while taking care of economic growth. His comments…
EU exec revises up 2022 euro zone growth forecast, sees bigger slowdown in 2023
BRUSSELS (Reuters) – The euro zone economy will grow more than previously expected in 2022, the European Commission forecast on Friday, and decelerate more than previously thought in 2023, but the slowdown…
Moody’s cuts India’s 2022 GDP growth forecast to 7%, sees 2023 growth at 4.8%
MUMBAI (Reuters) – Rating agency Moody’s cut India’s growth projections for the current and next calendar year due to higher inflation, high interest rates and slowing global growth that, it believes, will…
U.S. job growth seen smallest in nearly two years in October, unemployment rate up
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in nearly two years in October and increased wages at a moderate pace, suggesting some loosening in labor market…
Japan’s service-sector activity growth hits 4-month high -PMI
TOKYO (Reuters) – Japan’s services sector activity grew at the fastest clip in four months in October, a private survey showed on Friday, as the easing of restrictions on foreign tourism and…
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation
SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down sky-high inflation even as it strives to…
Livent looks to Canada for lithium growth opportunities – CEO
By Ernest Scheyder (Reuters) – Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks to boost its production and processing of the metal used to make…
Sun Life sees growth in benefits business; shares up on earnings beat
By Divya Rajagopal TORONTO (Reuters) – Sun Life Financial Inc believes rising wages, driven by inflation and a tight labor market, will help its benefits business, company executives said on Thursday. Shares…
China’s rich provinces post slower growth than national economy on COVID curbs
BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year than the national economy, as COVID-19 curbs disrupted factory and consumer activity.…
U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on Wednesday, but…
Barclays builds up Asia business, sees growth in India and Australia
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan subsidiary in July, is evaluating entering new…
Novo Nordisk sees faster profit growth on demand for diabetes drug Ozempic
By Ludwig Burger (Reuters) – Danish drugmaker Novo Nordisk raised its full-year earnings outlook on strong sales of diabetes treatment Ozempic, also reporting a better-than-expected profit. In a statement on Wednesday, it…
Thai central bank sees GDP growth of 3.3% in 2022
BANGKOK (Reuters) – Thailand’s central bank expects the country’s economy to grow 3.3% this year, its deputy central bank governor said on Wednesday, supported by consumption and the return of tourists. Mathee…
Japan Oct factory growth hits 21-month low as China conditions worsen -PMI
TOKYO (Reuters) – Japan’s manufacturing activity grew at its slowest pace in 21 months in October on marked declines in output and overall new orders, as exports were partly hurt by worsening…
Costa Rica cenbank raises 2022 growth projection to 4.3% as tourism recovers
SAN JOSE (Reuters) – Costa Rica’s economy is expected to grow 4.3% in 2022, its central bank said on Monday, an upgrade to an earlier projection from boosts expected in tourism and…
Eli Lilly’s growth tied to nascent diabetes drug sales
(Reuters) – Wall Street analysts will be focusing on sales of Eli Lilly and Co’s newly approved diabetes drug Mounjaro when the company reports results on Tuesday, as sales of its older…
Portugal’s quarterly growth accelerates, consumption defies inflation
LISBON (Reuters) -Portugal’s economic growth accelerated to 0.4% in the third quarter from the previous quarter’s 0.1% thanks to an unexpected rise in private consumption despite high inflation, although annual expansion slowed…
Global jobs growth will ‘deteriorate significantly’ this quarter – ILO
By Emma Farge GENEVA (Reuters) – Global employment growth will “deteriorate significantly” this quarter, hit by the economic turmoil caused by the Ukraine war and by the impact of tighter monetary policy…
Mexican tequila maker Cuervo sees improved sales growth
MEXICO CITY (Reuters) – Mexican distiller Becle , better known as the parent company of tequila brand Jose Cuervo, updated its 2022 full-year guidance on Friday, improving net sales estimates after posting…
Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry
MEXICO CITY (Reuters) – Mexico’s economic activity indicators in the third quarter point to economic growth in line with forecasts of 2.4% annual growth in 2022, the country’s finance ministry said on…
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