FRANKFURT – The euro zone economy faces slower economic growth and higher inflation as Russia’s invasion of Ukraine pushes up costs, disrupts trade and hits confidence, a European Central Bank …
Growth
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- Financial News
ECB cannot ensure growth, but should stabilize prices – Lindner
by Reutersby ReutersBy Christian Kraemer BERLIN -Inflation is the biggest threat to public finances and the European Central Bank should act on its mandate to stabilise prices, German Finance Minister Christian Lindner …
- Financial News
China’s GDP growth seen slowing to 5.0% in 2022 on COVID hit – Reuters poll
by Reutersby ReutersBy Kevin Yao BEIJING – China’s economic growth is likely to slow to 5.0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, a Reuters poll showed, raising …
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(Reuters) – Publicis, the world’s third-biggest advertising group, beat market expectations of organic growth in the first quarter but stuck to its full-year outlook on Thursday, hindered by economic uncertainties. …
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WASHINGTON – Global economic growth will take a hit from Russia’s war in Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, noting that it had sent prices for food, …
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(Reuters) – U.S. stock indexes opened lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday’s inflation data that could back a more hawkish stance …
- Financial News
Growth in Germany to fall to 1.5%, labour minister warns – Bild am Sonntag
by Reutersby ReutersBERLIN – Germany’s economic growth could fall to 1.4%-1.5% this year, from 2.7% in 2021, with an average of around 590,000 people on reduced-hours lay-off schemes over the course of …
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By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the …
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By Giuseppe Fonte and Gavin Jones ROME – Italy has reduced its estimates for the economic growth impact of European Union funds and reforms connected with its Recovery Plan, a …
- Financial News
Venezuela growth could hit 20% this year, Credit Suisse says: ‘Not typos!’
by Reutersby ReutersCARACAS – Venezuela’s economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its …
- Financial News
Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth
by Reutersby ReutersBRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected …
- Financial News
Greek central bank cuts economic growth projection to 3.8% this year
by Reutersby ReutersBy George Georgiopoulos ATHENS – Greece’s economy is seen expanding by 3.8% this year under a baseline scenario, a slower pace than a previous projection of 5.0%, the head of …
- Financial News
IMF cuts Japan’s growth forecast on hit from Ukraine war fallout
by Reutersby ReutersBy Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis …
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(Reuters) – Interest rate hikes aimed at bringing down too-high inflation will slow economic growth but will not tip the U.S. economy into recession, San Francisco Federal Reserve Bank President …
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BANGKOK – Thailand’s leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of …
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SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits, …
- Financial News
Saudi non-oil private sector keeps up solid growth in March – PMI
by Reutersby ReutersDUBAI – Saudi Arabia’s non-oil private sector kept up its solid pace of growth in March as output expanded at the fastest rate in over four years, a survey showed …
- Business News
CAPSTONE EXPANDS LEADERSHIP TEAM TO POSITION FOR CONTINUED GROWTH
by Your Newsby Your NewsCapstone Companies is pleased to announce the addition of George Chmiel and Jeff Dickey to the firm’s leadership team. Tweet this George Chmiel is a Partner as well as the new …
- Business News
PARCLL Announces Integration Partnership With EasyPost, Giving E-Commerce Merchants More Options to Add Capacity and Drive Growth
by Your Newsby Your NewsLOS ANGELES, April 1, 2022 — PARCLL, a leading global e-commerce logistics solutions provider and EasyPost, a premier shipping software solution, have announced a partnership that enables domestic and cross-border …
- Business News
Hair Transplant Market To Record USD 9.89 Bn Growth | Driven By Rising Cases Of Male Pattern Baldness | Technavio
by Your Newsby Your NewsThe market is driven by the rising cases of male pattern baldness. The incidence of baldness among men has become common among men globally. The prevalence of the condition is …
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LONDON – British manufacturing expanded in March at the weakest pace in 13 months and price pressures, which had previously shown some signs of moderating, worsened, a survey showed on …
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LONDON – Euro zone manufacturing growth slowed sharply last month as Russia’s invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a survey showed as soaring energy …
- Financial News
S.Korea factory growth slows in March as output, export orders shrink – PMI
by Reutersby ReutersSEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply chain disruptions and inflationary pressures, …
- Financial News
India central bank focussed on growth, seen lagging on inflation fight
by Reutersby ReutersBy Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as its global peers raise rates, …
- Financial News
Euro zone growth barely positive in first half: ECB’s de Guindos
by Reutersby ReutersFRANKFURT – Euro zone growth will remain positive this year but the first half will be especially weak with barely any positive growth, European Central Bank Vice President Luis de …