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…
Pakistan expects GDP growth to slow to 5% amid fiscal consolidation
By Asif Shahzad ISLAMABAD – Pakistan GDP growth will slow to 5% for the upcoming fiscal year beginning on July 1, from 5.9% in the outgoing year, following budgetary tightening aimed at…
‘A Source Of Concern’: Jobs Growth Stalls, Unemployment Rises In May
‘A Source Of Concern’: Jobs Growth Stalls, Unemployment Rises In May Thomas Catenacci on June 3, 2022 The U.S. economy added 390,000 jobs in May while the unemployment rate was largely unchanged…
U.S. service sector growth slows again in May – ISM survey
WASHINGTON – U.S. services industry growth slowed for a second straight month in May, but businesses reported strong gains in new domestic and export orders, a survey showed on Friday. The Institute…
Euro zone May business growth robust but outlook darkens -PMI
LONDON – Euro zone business growth was robust in May but is at risk of a slowdown from soaring living costs, supply chain disruptions and uncertainty surrounding Russia’s invasion of Ukraine, a…
India May services growth at 11-year high, input inflation at record
BENGALURU – India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on consumers’ pocketbooks,…
South Korea May factory growth slows as output, export orders shrink – PMI
SEOUL – South Korea’s factory activity growth slowed in May, as output and export orders contracted amid supply-chain disruptions due to China’s COVID-19 lockdown measures, a private-sector survey showed on Thursday. The…
Russian manufacturing activity returns to growth in May – PMI
(Reuters) – Russian manufacturing activity expanded in May after three months of contraction and price pressures eased notably, but sanctions continued to dent client demand, a survey showed on Wednesday. The S&P…
Analysis-Sizzling U.S. energy stock rally confronts global growth worries
By Lewis Krauskopf NEW YORK – A scorching rally in U.S. energy shares has left investors facing a tough decision: hold on despite growing worries that global growth will slow or lock…
Japan’s May factory activity growth slows as China lockdowns weigh -PMI
TOKYO – Japan’s manufacturing activity grew at the weakest pace in three months in May, as China’s heavy-handed coronavirus curbs aggravated supply disruptions and raised risks for the economic outlook. Manufacturers reported…
South Korea exports growth accelerates in May, China curbs hurt
By Cynthia Kim SEOUL – South Korea’s exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more than offset…
Portugal’s quarterly growth accelerates, contrasts with EU slowdown
(Reuters) – The pace of Portugal’s economic growth doubled to 11.9% in the first quarter from a year earlier and accelerated from the preceding quarter, in contrast to a slowdown in Europe,…
Turkish banks should boost sectors promoting long-term economic growth -watchdog
ISTANBUL – Turkey’s banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country’s banking watchdog Chairman Mehmet Ali Akben said on Monday. In a…
Ad group S4 Capital posts 35% first quarter gross profit growth
LONDON – Martin Sorrell’s digital advertising group S4 Capital reported a 34.5% rise in first-quarter gross profit and reiterated its full-year outlook, saying it expected robust demand despite forecasts of slowing global…
S.Korea export growth seen rebounding in May; inflation tops 5%- Reuters poll
By Jihoon Lee SEOUL – South Korean export growth is expected to have rebounded in May, but the trade balance likely remained in red, while consumer inflation is seen rising above 5%…
Nepal expects 5.8% growth as COVID-19 cases fall – minister
By Gopal Sharma KATHMANDU – Nepal’s economy is expected to expand by 5.8% in the current financial year ending mid-July, helped by a pick-up in economic activity following a fall in COVID-19…
United States Transportation Markets Report 2022: Shared Mobility Services, Public Transit Electrification, Multimodal Connectivity, and Autonomous Mobility to Spur Transformational Growth
DUBLIN, May 27, 2022 — The “United States Transportation Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This study provides an overview of the United States transportation industry, identifying innovative developments,…
Nue Life Health, a Next-Gen Mental Wellness Platform, Makes Three Key Hires Amid Continued Growth
MIAMI, May 26, 2022 — Nue Life Health, a breakthrough mental wellness company, today announced three significant hires following the company’s successful Series A fundraise: Lynn Marie Morski, MD, as medical director,…
Peak interest rates may be lower than expected as growth slowdown looms
By Sujata Rao and Saikat Chatterjee LONDON – Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily dialled back…
India central bank gov says priority is inflation, but growth important – ET
MUMBAI – The Reserve Bank of India’s primary focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, governor Shaktikanta Das told newspaper Economic Times…
Big tech ad revenue growth to taper as pandemic bubble pops -analyst
By Sheila Dang (Reuters) – After unprecedented revenue growth last year, digital platforms including Alphabet Inc, Meta Platforms Inc, Snap Inc and Twitter Inc now face a sobering reality as pandemic-driven advertising…
IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%
NEW YORK – The Institute of International Finance slashed its 2022 growth outlook for global output in half, citing the economic effects of Russia’s invasion of Ukraine, China’s response to a COVID-19…
Car Subscription Platform FINN Raises $110M In Equity and $720M In Debt To Supercharge Its Growth in the U.S. and Europe
FINN also announced the opening of its U.S. headquarters in New York City. FINN is currently active in New Jersey, Pennsylvania, Massachusetts and Connecticut and will offer its car subscriptions in California…
China’s Didi faces rocky path to growth after winning U.S. delisting nod
By Julie Zhu HONG KONG – Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick return to growth won’t be easy for…
Bullish view on Canada’s TSX tempered as analysts fret about growth – Reuters poll
By Fergal Smith TORONTO – Canada’s main stock index is expected to advance less than previously thought this year as economic growth slows and central banks raise interest rates, a Reuters poll…
German economy remains on growth path for now -PMI
BERLIN – A sustained rebound in services helped business activity in Germany grow again in May, though there are signs that rising prices, market uncertainty and supply problems are starting to put…
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