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 …
Growth
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US and World News
Global jobs growth will ‘deteriorate significantly’ this quarter – ILO
by Reutersby ReutersBy 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 …
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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 …
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US and World News
Mexico’s Q3 economic activity points to 2.4% annual growth -finance ministry
by Reutersby ReutersMEXICO 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 …
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WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting inflation had either peaked or was close doing so. The …
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US and World News
Canada’s growth slows in the summer as a smaller rate hike eyed
by Reutersby ReutersBy Julie Gordon OTTAWA (Reuters) -Canada’s economy grew slightly more than expected in August and most likely stayed in positive territory through the summer, official data showed on Friday, a …
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US and World News
Biden says U.S. Q3 growth shows economic recovery ‘continuing to power forward’
by Reutersby ReutersWASHINGTON (Reuters) – President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery “is continuing to power forward,” and …
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US and World News
Brazil central bank holds interest rates, eyes moderating growth
by Reutersby ReutersBy Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a row, noting that economic growth …
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FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming …
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WASHINGTON (Reuters) – U.S. single-family home prices fell sharply on a monthly basis in August as surging mortgage rates dampened demand for housing, closely watched surveys showed on Tuesday. The …
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US and World News
China’s fiscal revenue growth speeds up, but land sales earnings slide
by Reutersby ReutersBEIJING (Reuters) – China’s fiscal revenue growth picked up pace in September from a month earlier, according to Reuters calculations based on official data on Tuesday, but declining government land …
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US and World News
Climate inaction risks damaging Philippines growth – World Bank
by Reutersby ReutersMANILA (Reuters) – Extreme weather events and rising temperatures could see 13.6% of the Philippines’ economic output lost by 2040, inflicting a heavy toll on the country’s poorest if it …
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US and World News
Qatar’s Emir says initial indicators show GDP growth of 4.3% in H1 2022
by Reutersby ReutersDUBAI (Reuters) – Qatar’s Emir said on Tuesday that initial indicators show GDP growth of 4.3% in the first half of 2022. High energy prices have so far translated into …
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By Hannah Lang (Reuters) – Marqeta, a fintech company focused on payments services, is launching a suite of new banking products in a major push to deepen its relationships with …
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US and World News
China’s exports to Russia up by more than 20% as growth slows elsewhere
by Reutersby ReutersBEIJING (Reuters) – China’s exports to sanctions-hit Russia rose at a double-digit pace for the third consecutive month in September, bucking the trend of weakening external demand elsewhere amid the …
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US and World News
China’s Q3 pork output growth slows as farmers reduce breeding herds
by Reutersby ReutersBEIJING (Reuters) – China’s third-quarter pork output reached 12.11 million tonnes, up by less than 1% year-on-year, official data showed on Monday, highlighting the impact on production after farmers recorded …
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BEIJING (Reuters) – China’s industrial output in September rose 6.3% from a year earlier, better than 4.2% growth in August, official data showed on Monday, pointing to a sustained recovery …
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US and World News
Australia to cut economic growth forecasts on lower consumer spending
by Reutersby ReutersSYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption, according to new forecasts to be unveiled by Treasurer Jim …
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US and World News
Japan Oct factory growth slows to 21-month low, but services pick up – flash PMI
by Reutersby ReutersTOKYO (Reuters) – Japan’s factory activity growth slowed further to a 21-month low in October as relentless cost pressures torment manufacturers, but service-sector firms received a boost as the country …
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Food & Dining
Dine-ins, Drive-Thrus, and Digital: Taco Bell is Redefining the Restaurant of the Future with Ambitious Growth Pipeline
The brand looks ahead to its next 1,000 locations and beyond, planning for an ever-evolving future with industry-defying restaurant formats Irvine, CA (RestaurantNews.com) Taco Bell is looking long-term as it …
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Fast-growing casual brand sets sights on Intermountain West and Midwest, plans to open in three new markets each year Salt Lake City, UT (RestaurantNews.com) Following a year that forced restaurant …
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Food & Dining
PJ’s Coffee Poised for Continued Franchise Growth in Alabama, Florida, Georgia and Mississippi
Gourmet Coffeehouse Franchise to Stimulate Economy in Key Southern States Over the Next Three Years New Orleans, LA (RestaurantNews.com) PJ’s Coffee of New Orleans – a gourmet coffee company renowned …
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Food & Dining
Teriyaki Madness Celebrates 100th Shop Opening in Katy, TX On the Heels of Exceptional Growth in 2020
Hometown husband-and-wife entrepreneurs will open this milestone shop, their second location of this booming franchise, with lots more on the way. Denver, CO (RestaurantNews.com) Hey, ya’ll. Teriyaki Madness is about …
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New York, NY (RestaurantNews.com) Franchise Growth Solutions, LLC, one of the leading franchise development and sales organizations, has added BIGGBY® COFFEE to its growing list of franchise concepts available in …
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Pioneer in fruit and veggie bowls industry set for additional national expansion Boulder, CO (RestaurantNews.com) Rush Bowls – a fast-casual concept known for its fresh and healthy meals-in-a-bowl – is …