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…
ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping households’ purchasing…
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, northern England,…
Italy industry output dives, growth outlook weakens
By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro zone’s third…
Asia braces for growth hit from Ukraine-driven inflation shock
By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks of weak…
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled…
World Bank official says war-driven oil price hikes to slash growth for big importers
WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and…
Thai GDP growth may miss forecast this year over Ukraine crisis – Finance Minister
BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, trade and consumption, its finance minister said…
Japan bank lending growth slows to decade-low as pandemic-induced strain eases
By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a broader economic…
IT By Design Partners With the MSP Growth Coalition, Names Juan Fernandez Brand Ambassador of its Build IT MSP Education Division
JERSEY CITY, N.J., March 7, 2022 — IT By Design (ITBD), a Master Managed Services Provider (MMSP), announced today that it has partnered with the MSP Growth Coalition and Co-founder / CEO Juan…
China pledges peaceful growth of Taiwan ties, but opposes foreign interference
By Yew Lun Tian BEIJING -Chinese Premier Li Keqiang pledged on Saturday to advance peaceful growth in relations with Taiwan and “reunification”, and said his government firmly opposes any separatist activities or…
Watchdog On Wall Street Slams Biden For ‘Zero’ Wage Growth In February Jobs Report
Watchdog On Wall Street Slams Biden For ‘Zero’ Wage Growth In February Jobs Report Samantha Renck on March 4, 2022 “Watchdog on Wall Street” host Chris Markowski sat down with the Daily…
Mining companies may pause growth plans amid Ukraine war, inflation
By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia crisis but…
As world scrambles for oil, Canadian producers reluctant to spend on growth
By Nia Williams CALGARY, Alberta – The world is scrambling for oil after Russia’s invasion of Ukraine sent prices rocketing and upended global supply but producers in Canada, home to the world’s…
U.S. factory orders growth beats expectations in January
WASHINGTON – New orders for U.S.-made goods increased more than expected in January, pointing to continued strength in manufacturing despite supply challenges. The Commerce Department said on Thursday that factory orders rose…
U.S. Q4 productivity growth unrevised at 6.6% annualized rate
WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker, increased at…
Citigroup hikes U.S. equities to ‘overweight’, sees demand for growth stocks
– Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following the Ukraine-Russia…
Euro zone business growth accelerated in Feb as Omicron faded -PMI
LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia invaded Ukraine.…
Italy’s public finances improve in 2021 as growth rebounds
By Gavin Jones and Giuseppe Fonte ROME – Italy’s economy grew 6.6% last year following a record contraction of 9.0% in 2020, while the budget deficit and public debt came in below…
China’s Feb service sector activity growth accelerates – official PMI
BEIJING – Activity in China’s services sector grew at a faster pace in February, official data showed on Tuesday. The official non-manufacturing Purchasing Managers’ Index (PMI) was at 51.6 in February versus…
Japan’s Feb factory activity posts slowest growth in 5 months – PMI
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output, even before…
Japan’s Q1 growth forecast slashed on Omicron hit to consumption: Reuters poll
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery, a Reuters…
Economists say higher oil prices pose further risk to India’s growth momentum
By Manoj Kumar NEW DELHI – Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks to household…
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint forecast on…
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
COLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible risk to U.S. economic growth, said Richmond…
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to…
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