NEW YORK (Reuters) – The International Monetary Fund on Tuesday raised its 2022 economic growth forecasts for Latin America and the Caribbean and lowered its growth projection for 2023 on …
Growth
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Pakistan keeps policy rate at 15%, projects high inflation, weak growth
by Reutersby ReutersBy Syed Raza Hassan KARACHI, Pakistan (Reuters) – Pakistan’s central bank kept its key policy rate unchanged at 15% on Monday, days after the South Asian country’s credit rating was …
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A look at the day ahead in European and global markets from Anshuman Daga There’s no stopping the Federal Reserve. While U.S. employers hired slightly more workers last month than …
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Italy business lobby cuts 2023 economy growth forecast to zero on energy concerns
by Reutersby ReutersMILAN (Reuters) – The Italian economy will grow more than expected in 2022 but will stagnate in 2023, the country’s main business lobby said on Saturday, warning that tensions between …
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MEXICO CITY (Reuters) – Mexico’s growth is projected to slow in the next few quarters, despite the country’s fiscal and monetary policy putting it in a good position to navigate …
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By David Milliken LONDON (Reuters) – British recruiters saw the weakest growth in hiring in more than a year and a half last month, as signs of an economic downturn …
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India Sept services growth slumped to 6-month low on cooling demand -PMI
by Reutersby ReutersBy Shaloo Shrivastava BENGALURU (Reuters) – Growth in India’s services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation, a private …
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By Stephen Culp NEW YORK (Reuters) – Goldman Sachs boosted its third-quarter GDP growth estimate by a full percentage point, to 1.9% from 0.9%, on Wednesday after a series of …
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Neighborhood eatery with food for Every/Body prepares to open six new Shops, one new market and a new home office support center over the next eight months Atlanta, GA (PRESS …
- Business NewsFood & Dining
Leading Nationwide Juice and Plant-Based Snacks Store, Pressed, Teams up with Interface to Accelerate Digital Transformation and Growth
Interface deploys suite of managed services at 100+ Pressed stores to revamp IT infrastructure, improve security, and gain operational insights, while reducing store operations costs by 50% St. Louis, MO …
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U.S. service sector growth solid in September; price pressures easing – ISM survey
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. services industry slowed modestly in September, while employment surged and a measure of prices paid by businesses for inputs fell to more than a 1-1/2-year …
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Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
by Reutersby ReutersBy Jesús Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe …
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French Sept services sector growth slightly less than flash forecast -final PMI
by Reutersby ReutersPARIS (Reuters) – Activity in the French services sector expanded in September, albeit by a bit less than initially forecast, a survey showed on Wednesday, as worries about inflation lingered. …
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Spanish services sector contracts in Sept after eight months of growth -PMI
by Reutersby ReutersMADRID (Reuters) – Activity in Spain’s services sector contracted in September for the first time since January, with businesses finding market conditions increasingly adverse, a survey showed on Wednesday. S&P …
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Thai business group revises 2022 GDP growth outlook to 3.0-3.5%
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s economy is expected to grow 3.0% to 3.5% this year, a slight improvement from a previous forecast of 2.75% to 3.5%, helped by a pickup in …
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UAE non-oil private sector maintains strong growth in September – PMI
by Reutersby ReutersDUBAI (Reuters) – The United Arab Emirates’ non-oil private sector maintained brisk activity growth in September, albeit at a slightly slower pace than August, as new business drove gains in …
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Taiwan Sept export growth seen cooling further: Reuters Poll
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s exports likely rose for the 27th straight month in September though at a slower pace than in August, amid fears of a global recession, uncertainties due …
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DUBLIN (Reuters) – Ireland’s services sector continued to expand in September, unlike much of Europe, although the pace of growth slowed slightly due to growing worries about the impact of …
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Irish central bank sees lower economic growth, higher inflation next year
by Reutersby ReutersDUBLIN (Reuters) – Ireland’s central bank pushed up its 2023 inflation projections and revised down its forecast for economic growth for the third quarter in row, but expects the drag …
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Social, infrastructure investment key for Latam growth – World Bank
by Reutersby ReutersNEW YORK (Reuters) – Social and infrastructure investments can be key drivers of growth for Latin America and the Caribbean as countries now face the longer-term effects of the pandemic …
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Saudi non-oil private sector keeps up steady growth in Sept – PMI
by Reutersby ReutersDUBAI (Reuters) – Saudi Arabia’s non-oil private sector growth remained solid in September helped by a relatively strong pickup in output and new orders, albeit at a slower pace than …
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Mexico factories back in growth territory as challenges abound
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s manufacturing sector inched back into expansion territory in September, following two months of contraction, as goods producers faced a challenging month due to ongoing declines …
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India Sept factory growth cooled to 3-month low as demand softens-PMI
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – India’s factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong …
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U.S. oil & gas rig quarterly growth slowest in two years -Baker Hughes
by Reutersby ReutersBy Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row, but growth in the third quarter slowed …
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Exclusive: Tesla output forecast shows jump in Q4, growth through 2023 – sources
by Reutersby Reuters(Reuters) – Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and build on that growth in …