By Gavin Jones ROME – Italy’s economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw …
Growth
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UK’s Johnson promises tax cuts and plan for growth – Conservative source
by Reutersby ReutersLONDON – Prime Minister Boris Johnson promised lawmakers a new economic plan for growth next week, a Conservative Party source said on Monday after the British leader addressed his party …
- Business News
Mohegan Appoints Heather Menzano as Vice President, Web Communications to Spearhead Digital Marketing Communications and Growth
by Your Newsby Your News“Heather joins us at a pivotal time. We welcome her to our executive team as we continue to gravitate toward cutting-edge technology, digital solutions and experiences for casino gamers and …
- Financial News
Despite war, inflation, France sees positive economic growth in 2022 -minister
by Reutersby ReutersPARIS – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s clear that with the war …
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Pakistan expects GDP growth to slow to 5% amid fiscal consolidation
by Reutersby ReutersBy 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 …
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‘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 …
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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. …
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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 …
- Financial News
India May services growth at 11-year high, input inflation at record
by Reutersby ReutersBENGALURU – 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 …
- Financial News
South Korea May factory growth slows as output, export orders shrink – PMI
by Reutersby ReutersSEOUL – 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 …
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(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. …
- Financial News
Analysis-Sizzling U.S. energy stock rally confronts global growth worries
by Reutersby ReutersBy 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 …
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Japan’s May factory activity growth slows as China lockdowns weigh -PMI
by Reutersby ReutersTOKYO – 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. …
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South Korea exports growth accelerates in May, China curbs hurt
by Reutersby ReutersBy 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 …
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Portugal’s quarterly growth accelerates, contrasts with EU slowdown
by Reutersby Reuters(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 …
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Turkish banks should boost sectors promoting long-term economic growth -watchdog
by Reutersby ReutersISTANBUL – 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. …
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Ad group S4 Capital posts 35% first quarter gross profit growth
by Reutersby ReutersLONDON – 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 …
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S.Korea export growth seen rebounding in May; inflation tops 5%- Reuters poll
by Reutersby ReutersBy 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 …
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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 …
- Business News
United States Transportation Markets Report 2022: Shared Mobility Services, Public Transit Electrification, Multimodal Connectivity, and Autonomous Mobility to Spur Transformational Growth
by Your Newsby Your NewsDUBLIN, 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 …
- Business News
Nue Life Health, a Next-Gen Mental Wellness Platform, Makes Three Key Hires Amid Continued Growth
by Your Newsby Your NewsMIAMI, 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 …
- Financial News
Peak interest rates may be lower than expected as growth slowdown looms
by Reutersby ReutersBy 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 …
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India central bank gov says priority is inflation, but growth important – ET
by Reutersby ReutersMUMBAI – 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 …
- Financial News
Big tech ad revenue growth to taper as pandemic bubble pops -analyst
by Reutersby ReutersBy 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 …
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IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%
by Reutersby ReutersNEW 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 …