LIMA (Reuters) – Peru’s economy expanded 1.41% in July compared with the year before, the government said on Thursday, feeling the effects of a slowdown in the key mining sector. …
Growth
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- US and World News
Brazil’s economic activity index beats forecast with 1.2% growth in July
by Reutersby ReutersBRASILIA (Reuters) – Economic activity in Brazil rose much higher than expected in July, a central bank index showed on Thursday, reinforcing forecasts for a more robust expansion this year, …
- Financial News
France cuts 2023 growth outlook to 1%, but sees deficit target intact
by Reutersby ReutersPARIS (Reuters) – The French government is lowering the country’s 2023 economic growth outlook, but sees no need to revise its budget deficit target as a result, Finance Minister Bruno …
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JOHANNESBURG (Reuters) – Africa is losing 5% to 15% of its per capita economic growth due the effects of climate change and is facing a gaping climate finance shortfall, according …
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JAKARTA (Reuters) – Indonesia’s exports were seen slowing in August as prices of some of its top commodities declined, but its trade surplus was expected to hold up at around …
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HANOI (Reuters) – Vietnam’s gross domestic product growth is expected to be above 7% in the third quarter, the government said on Monday. The government in a statement said it …
- Financial News
UK retailers report slowest sales growth since end of lockdowns-BDO
by Reutersby ReutersLONDON (Reuters) – British retailers saw the slowest growth in sales since the end of COVID-19 lockdowns last year as shoppers tightened their belts in the face of soaring inflation, …
- Financial News
Snap jumps as brokerage cheers growth plans in leaked internal memo
by Reutersby Reuters(Reuters) – Snap Inc’s shares jumped 8% on Thursday after a brokerage said it was encouraged by the growth plans laid down by Chief Executive Officer Evan Spiegel in a …
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LIMA (Reuters) – Peru’s finance ministry on Thursday unveiled an economic package it says can help lift the economy at times of a global slowdown and falling copper prices, which …
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Popular breakfast, brunch and lunch spot developing eight additional restaurants in Tar Heel state over next 12 months Spartanburg, SC (PRESS RELEASE) Eggs Up Grill, a rapidly growing breakfast, brunch …
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Popular breakfast, brunch and lunch spot developing eight additional restaurants in Tar Heel state over next 12 months Spartanburg, SC (PRESS RELEASE) Eggs Up Grill, a rapidly growing breakfast, brunch …
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LONDON (Reuters) – The European Central Bank on Thursday lifted its key interest rate by an unprecedented 75 basis points and signalled further hikes, the latest major central bank to …
- Financial News
UK recruiters say hiring slow, pay growth weakest in over a year
by Reutersby ReutersLONDON (Reuters) – Hiring by British employers grew only slowly in August and pay for permanent staff increased at its slowest pace in over a year, a survey of recruiters …
- Financial News
Exclusive-Mexico budget sees stronger growth, lower inflation in 2023 -draft
by Reutersby ReutersBy Ana Isabel Martinez, Anthony Esposito and Dave Graham MEXICO CITY (Reuters) – Mexican economic growth should accelerate in 2023 to around 3.0% from some 2.4% this year as inflation …
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By John Ramsay, Vice President of Franchise Sales, Noodles & Company Noodles & Company, the national fast-casual chain known for spreading Uncommon Goodness with its globally inspired noodle bowls, best-in-class …
- Financial News
Euro zone Q2 growth revised up, supported by household spending
by Reutersby ReutersBRUSSELS (Reuters) – Euro zone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after half of year of stagnation …
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HANOI (Reuters) – The State Bank of Vietnam (SBV) said on Wednesday it has raised caps on credit growth for some banks this year, based on their latest operational results, …
- Financial News
Bombardier CEO sees significant growth of defense jets business
by Reutersby ReutersMONTREAL (Reuters) – Bombardier Inc Chief Executive Officer Eric Martel said on Tuesday the company’s defense business involving special mission business jets could grow to a possible $1 billion in …
- Financial News
Australia current account surplus balloons in Q2, boosts growth
by Reutersby ReutersBy Wayne Cole SYDNEY (Reuters) – Australia’s current account surplus widened sharply in the June quarter as resource exports were boosted by both prices and volumes, making a sizable contribution …
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PARIS (Reuters) – France’s dominant services sector lost more steam in August, and the outlook among purchasing managers appears bleak, a survey showed on Monday. S&P Global said its final …
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ROME (Reuters) – Italy’s service sector grew slightly in August after contracting the month before as inflationary pressures eased somewhat, a survey showed on Monday. S&P Global’s Purchasing Managers’ Index …
- Financial News
Spanish services sector growth slows to a crawl in August – PMI
by Reutersby ReutersMADRID (Reuters) – Activity in Spain’s services sector expanded in August at the slowest rate since January, with companies concerned that inflation will weigh on their profits and on customers’ …
- Financial News
China August service sector growth eases amid COVID woes: Caixin PMI
by Reutersby ReutersBEIJING (Reuters) – A strong rebound in China’s services sector eased slightly in August amid fresh COVID-19 flare-ups but business confidence rose to a nine-month high in a rare bit …
- Financial News
Irish services sector growth slips to 17-month low in August – PMI
by Reutersby ReutersDUBLIN (Reuters) – Growth in Ireland’s services sector slowed to a 17-month low in August but remained stronger than in several major trading partners, a survey showed on Monday. The …
- Financial News
UK’s business minister says Truss will aim to get to 2.5% trend growth- FT
by Reutersby Reuters(Reuters) – Britain’s business minister Kwasi Kwarteng believes Liz Truss will make it her aim to get to 2.5% trend growth, if appointed as the prime minister, he wrote in …