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…
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow 3% in 2023, compared with its prior projection of no growth, on…
TSMC third-quarter profit to slide 30%, focus on how much growth to come
By Sarah Wu and Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next…
China’a Q3 GDP growth seen slowing to 4.4% as headwinds persist: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy is expected to have slowed in the third quarter as demand at home and abroad faltered, but increased support from the government means Beijing…
Vietnam lawmakers expect country to miss 2023 GDP growth target
HANOI (Reuters) – Vietnam is expected to miss this year’s economic growth target, the country’s lawmaking body said on Monday. “The manufacturing sector, the country’s economic driver for years, has been slowing…
IMF: Russia’s war spending fuels short-term growth, longer-term outlook ‘dim’
By Alexander Marrow (Reuters) – Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is “dim”, the International Monetary…
Italy central bank cuts GDP growth forecast for 2023 and 2024
ROME (Reuters) – The Italian economy will grow by 0.7% in 2023 and by 0.8% next year, the country’s central bank said on Friday, revising down previous forecasts made in July and…
China’s export, import growth with Russia quickens in September
BEIJING (Reuters) – The growth of China’s exports and imports with Russia on a year-on-year basis quickened in September from August, China’s customs data showed on Friday, as it urged deeper trade…
IEA, OPEC predictions of 2024 oil demand growth diverge further
By Alex Lawler and Natalie Grover LONDON (Reuters) – The gap between two leading oil forecasters’ views on 2024 demand growth widened on Thursday, with the International Energy Agency (IEA) predicting a…
OPEC sticks to 2024 oil demand growth forecast
By Alex Lawler LONDON (Reuters) – OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy…
Middle East growth to recover in 2024 but structural issues to weigh – IMF
By Rachna Uppal DUBAI (Reuters) – Economic growth in the Middle East and North Africa region is expected to accelerate in 2024 after a slowdown this year but structural challenges will weigh…
South Korea household debt growth slows in September
SEOUL (Reuters) – South Korea’s household borrowing grew in September for a sixth straight month, but by a smaller amount than the month before, central bank data showed on Thursday. Total household…
Brazil’s Finance Ministry views limit for credit card debt growth as reasonable
BRASILIA (Reuters) – Brazil’s Finance Ministry says the measures stipulated in a recent legislation aimed at diminishing credit card revolving interest rates are a rational step, a top official said on Wednesday.…
Embraer to meet 2023 delivery outlook, sees similar growth next year -CEO
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian planemaker Embraer is confident it will meet its outlook for aircraft deliveries in 2023, seen growing by about a quarter, and expects to be…
Portugal eyes small budget surplus in 2024 despite slowing growth
By Sergio Goncalves LISBON (Reuters) – Portugal unveiled its draft 2024 budget on Tuesday, projecting a surplus of 0.2% of GDP despite a further economic slowdown to 1.5% from this year’s expected…
Industries That Once Powered New Jersey’s Financial Growth Are Now Relics of the Past
New Jersey, often called the “Garden State,” has a rich industrial history that has undergone significant transformations over the years. While the state is known for its thriving pharmaceutical, telecommunications, and other…
IMF cuts Saudi Arabia’s growth forecast to 0.8% for 2023
DUBAI (Reuters) – The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2023 to 0.8% and estimated growth of 4% next year in its latest World Economic…
IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%
(Reuters) – The International Monetary Fund raised its 2023 output growth estimate for Latin America and the Caribbean to 2.3% from July’s 1.9% due to faster expected growth in Brazil and Mexico,…
UK set to have weakest growth among G7 in 2024, IMF forecasts
LONDON (Reuters) – Britain is set to have the slowest-growing economy among the Group of Seven nations next year – when the country is likely to choose a new government – according…
IMF raises Ukraine’s economic growth outlook to 2% in 2023
KYIV (Reuters) – The International Monetary Fund has revised its forecast for Ukraine’s economic growth this year up to 2%, and expects its gross domestic product to increase by 3.2% in 2024,…
IMF raises India’s FY24 GDP growth forecast to 6.3% – report
MUMBAI (Reuters) -India’s economic growth forecast for the current fiscal year has been raised to 6.3% from 6.1% earlier, the International Monetary Fund said in its October 2023 World Economic Outlook (WEO)…
IMF lowers Russia 2024 GDP growth forecast to 1.1%
(Reuters) – Russia’s economy will grow by 1.1% in 2024, slower than previously forecast, the International Monetary Fund said, after significant spending and resilient consumption in a stretched labour market support growth…
Rising Asia debt levels could temper growth -World Bank chief economist
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Rising debt levels among “seemingly healthy” countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist Indermit Gill…
China targets 50% growth in computing power in race against U.S
By Josh Ye HONG KONG (Reuters) – China aims to boost the country’s aggregate computing power by more than 50% by 2025, according to a plan released by authorities on Monday, as…
Puma CEO expects double-digit growth in China this year -report
BERLIN (Reuters) – Puma Chief Executive Arne Freundt said that the sportswear company expects to return to double-digit growth in China this year, according to an interview released by the Euro am…
Further Fed rate hike comes into view as job growth soars
(Reuters) -Traders on Friday added to bets that the Federal Reserve will raise interest rates before the end of the year, and keep them high for longer next year, after a U.S.…
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