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Tag:

Growth

  • Business News

    Lower growth in China not affecting commodity prices ‘that much,’ Brazil’s Campos Neto says

    by Reuters September 5, 2023
    by Reuters September 5, 2023

    BRASILIA (Reuters) – Brazilian central bank chief Roberto Campos Neto said on Tuesday that the slower growth seen in China is not affecting commodity prices “that much.” Speaking at an …

  • Business News

    China’s Leapmotor looks to sell EV tech as it targets export growth

    by Reuters September 5, 2023
    by Reuters September 5, 2023

    MUNICH (Reuters) – China’s Leapmotor needs to increase its sales by five times or more to survive a consolidating EV industry and is seeking partners outside China to license its …

  • Business News

    India’s services growth slowed slightly in Aug but exports hit record high

    by Reuters September 5, 2023
    by Reuters September 5, 2023

    By Anant Chandak BENGALURU (Reuters) – Growth in India’s dominant services industry lost some steam in August but overall conditions remained strong despite elevated inflationary pressures, according to a business …

  • Business News

    UAE’s non-oil business growth slows in August but confidence high-PMI

    by Reuters September 5, 2023
    by Reuters September 5, 2023

    DUBAI (Reuters) – Growth in non-oil business activity in the United Arab Emirates eased in August to the slowest pace in six months, but business confidence rose to its highest …

  • Business News

    Japan Aug service activity growth fastest in 3 months – PMI

    by Reuters September 4, 2023
    by Reuters September 4, 2023

    TOKYO (Reuters) – Japan’s service sector activity expanded at its quickest pace in three months in August, underpinned by robust consumer spending as inbound tourism regained momentum, a private-sector survey …

  • Business News

    UK consumer spending growth slows in August despite ‘Barbenheimer’ boost

    by Reuters September 4, 2023
    by Reuters September 4, 2023

    By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in cinema takings after the release …

  • Business News

    Moody’s lifts 2023 U.S. growth forecast, cuts China’s for 2024

    by Reuters September 1, 2023
    by Reuters September 1, 2023

    By Marc Jones LONDON (Reuters) – Credit rating agency Moody’s raised its 2023 U.S. economic growth forecast on Friday but cut its estimate next year for China, saying that while …

  • Business News

    US job growth picks up in August, unemployment rate climbs

    by Reuters September 1, 2023
    by Reuters September 1, 2023

    NEW YORK (Reuters) – The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing …

  • Business News

    US private payrolls growth slows sharply in August – ADP

    by Reuters August 30, 2023
    by Reuters August 30, 2023

    WASHINGTON (Reuters) – U.S. private payrolls increased less than expected in August, the latest indication that the labor market was losing steam, though it remains tight. Private payrolls rose by …

  • Business News

    Peru slashes growth outlook amid falling copper investment

    by Reuters August 29, 2023
    by Reuters August 29, 2023

    By Marco Aquino LIMA (Reuters) – Peru lowered its economic growth forecasts for 2023 and 2024 on Tuesday amid poor weather, lower private investment in mining, and anti-government protests earlier …

  • Business News

    Euro zone lending growth slows further as rate hikes bite

    by Reuters August 28, 2023
    by Reuters August 28, 2023

    BERLIN (Reuters) – Growth in lending to euro zone companies slowed again in July, adding to already mounting evidence that sharply higher interest rates are putting a brake on credit …

  • Business News

    China new home prices growth likely flat in 2023, dragging on economy – Reuters poll

    by Reuters August 28, 2023
    by Reuters August 28, 2023

    By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will likely show no growth this year, according to a Reuters poll, highlighting the intense pressure in …

  • Business News

    Thailand’s employment growth drops in Q2 as economy slows

    by Reuters August 27, 2023
    by Reuters August 27, 2023

    BANGKOK (Reuters) – Thailand’s employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, the state planning agency said …

  • US and World News

    Marketing firm Klaviyo discloses revenue growth, profitability in IPO filing

    by Reuters August 25, 2023
    by Reuters August 25, 2023

    (Reuters) -Data and marketing automation firm Klaviyo disclosed its paperwork for an initial public offering (IPO) on Friday, reporting a surge in revenue growth and profitability in its most recent …

  • Business News

    Nigeria’s GDP growth slows to 2.5% y/y in Q2 as reforms get under way

    by Reuters August 25, 2023
    by Reuters August 25, 2023

    By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.51% in the second quarter, data showed on Friday, hurt by a fall in oil production amid …

  • Business News

    Momentum growing for ECB rate hike pause as growth falters -sources

    by Reuters August 25, 2023
    by Reuters August 25, 2023

    By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and, while the debate is still open, momentum for a pause …

  • Business News

    US job growth in year through March was less than estimated

    by Reuters August 23, 2023
    by Reuters August 23, 2023

    (Reuters) – The red-hot U.S. job market was not quite as blistering as originally reported in the year through March, after the Labor Department on Wednesday lowered its estimate of …

  • Business News

    South Korea consumer sentiment weakens in August on growth worries

    by Reuters August 21, 2023
    by Reuters August 21, 2023

    SEOUL (Reuters) – South Korea’s consumer sentiment weakened in August for the first time in six months, a central bank survey showed on Tuesday, amid worries about sluggish economic growth. …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Biden Says Infrastructure Bill Will Drive Job Growth. There’s Just One Problem

    by The Daily Caller August 21, 2023
    by The Daily Caller August 21, 2023

    Biden Says Infrastructure Bill Will Drive Job Growth. There’s Just One Problem Nick Pope on August 21, 2023 President Joe Biden routinely touts the jobs “boom” that he thinks the …

  • Business News

    Slower growth ahead for Australia as population ages

    by Reuters August 21, 2023
    by Reuters August 21, 2023

    By Lewis Jackson SYDNEY (Reuters) – Australia’s economy is projected to grow more slowly over the next 40 years as an aging population and slower population growth shrink the workforce, …

  • Business News

    Euro zone set for growth over next ‘couple’ of years – ECB’s Lane

    by Reuters August 18, 2023
    by Reuters August 18, 2023

    FRANKFURT (Reuters) – The euro zone economy will keep growing in the coming years and is unlikely to experience a deep or sustained recession, European Central Bank chief economist Philip …

  • Business News

    Taiwan sees economic growth this year at slowest in 8 years

    by Reuters August 18, 2023
    by Reuters August 18, 2023

    By Jeanny Kao and Faith Hung TAIPEI (Reuters) – Taiwan’s export-dependent economy will probably grow at its slowest pace in eight years this year, the government’s statistics office said on …

  • Business News

    Hedge funds slow value exodus as AI hype drives up growth stocks

    by Reuters August 17, 2023
    by Reuters August 17, 2023

    NEW YORK/LONDON (Reuters) – Hedge funds have slowed their exit from value stocks and small-cap stocks over the past month, as enthusiasm for artificial intelligence has driven up valuations for …

  • Business News

    China will strengthen policy coordination to meet growth target – state media

    by Reuters August 16, 2023
    by Reuters August 16, 2023

    BEIJING (Reuters) – China will strengthen the coordination of various policies to boost growth and meet this year’s economic target, according to a cabinet meeting cited by state media on …

  • Business News

    Industrial output jump gives euro zone growth small boost

    by Reuters August 16, 2023
    by Reuters August 16, 2023

    FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on a positive note, data from …

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