Joblessness among Saudis falls to 8% in fourth quarter
DUBAI (Reuters) – Unemployment in Saudi Arabia among citizens fell to 8% in the fourth quarter of 2022, decreasing from 9.9% the previous quarter while …
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Australian job vacancies fall 1.5% in Feb quarter, still high historically
SYDNEY (Reuters) – Job vacancies in Australia eased in the three months to February, the third straight quarter of decline, but still far above pre-pandemic …
Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT
Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT Jason Cohen on March 29, 2023 Inflation concerns among small business owners remained at …
US current account deficit narrows in fourth quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed in the fourth quarter amid an improvement in secondary income receipts as well as an increase …
Brazil’s jobless rate drops to 7.9 pct in quarter through December
RIO DE JANEIRO (Reuters) – Brazil’s jobless rate fell to 7.9 percent in the three months through December, statistics agency IBGE said on Tuesday, below …
Tesla sold out Model Y in U.S. for this quarter – Electrek
(Reuters) – Electric vehicle maker Tesla Inc has sold out its Model Y for this quarter in the United States, with no more production builds …
Fertilizer makers in for another slow quarter as demand wilts
By Sourasis Bose (Reuters) – Fertilizer companies Nutrien Ltd, Mosaic Co and CF Industries are expected to take a sales hit in the fourth quarter …
JPMorgan CFO sees nearly 20% drop in banking revenue in first quarter
(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking revenue in the first quarter, …
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down …
U.S. productivity accelerates in fourth quarter
WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which …
Pace of Mexican economic growth likely slowed in fourth quarter: Reuters poll
MEXICO CITY (Reuters) – Mexico’s economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in …
Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted a record after-tax profit for its October-December quarter and said bookings for Easter and summer …
Former Suffolk County Legislator And Co-Conspirator Convicted Of Defrauding Mortgage Lender Out Of More Than A Quarter Of A Million Dollars
Damian Williams, the United States Attorney for the Southern District of New York, announced the convictions of GEORGE GULDI, a former Suffolk County legislator and …
U.S. GDP grows in fourth quarter; weekly jobless claims fall
NEW YORK (Reuters) – The U.S. economy kept up a strong pace of growth in the fourth quarter, but momentum appears to have slowed considerably …
BNP Paribas to open new office in Miami in fourth quarter
NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open a new office in Miami …
Two teens charged for killing Manapalan man for a quarter pound of weed
PENNINGTON, NJ – Two teenagers have been charged for killing a Manalapan man and taking his weed, police announced. In a joint statement today, Mercer …
U.S. current account deficit shrinks in third quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data showed on Wednesday. …
Greek jobless rate drops to 11.6% in third quarter
ATHENS (Reuters) – Greece’s jobless rate fell to 11.6% in the third quarter from 12.4% in the second quarter of the year, data from the …
Oversight board’s policy footprint increases in third quarter
(Reuters) – Facebook parent Meta Platforms Inc implemented more recommendations from its oversight board in the third quarter than the second, the independent body said …
French central bank sees fourth quarter growth of 0.1%
PARIS (Reuters) – The French economy is on course to finish the year with slightly positive growth in the fourth quarter, the central bank said …
J.P.Morgan sees ‘milder’ euro zone economic contraction in fourth quarter
(Reuters) – J.P.Morgan on Wednesday forecast a “milder” fourth-quarter contraction in the euro zone after strong resilience of the household sector resulted in a better-than-expected …
Paramount Global projects fourth-quarter advertising revenue will decline from third quarter
By Helen Coster (Reuters) – Paramount Global expects its fourth-quarter advertising revenue to be lower than its third quarter advertising revenue, Chief Executive Officer Bob …
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) – Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc’s December quarter, as Beijing’s strict lockdowns crimp …
India annual GDP growth to slow in Sept quarter as COVID effect fades
By Aftab Ahmed NEW DELHI (Reuters) – Annual growth in the Indian economy likely slowed in the July-September quarter as COVID distortions faded, economists said …
Russian economy shrinks 4% in third quarter – statistics agency
MOSCOW (Reuters) – Russia’s economy shrank 4% year-on-year in the third quarter of 2022, data from the Rosstat federal statistics service showed on Wednesday, as …
Saudi foreign direct investment inflows down 85% in second quarter
(Reuters) -Saudi Arabia recorded second-quarter foreign direct investment (FDI) flows down 85% year on year, an investment ministry report showed on Tuesday. The FDI inflows …
French unemployment eases back to 14-year low in third quarter
PARIS (Reuters) -Unemployment in France eased back to its lowest in 14 years in the third quarter, official data showed on Tuesday, a figure that …
SocGen net income tops forecasts in third quarter
PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, joined European rivals in posting a higher than expected net income in the third quarter as …
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep …
Insurer AIA’s new business value rises marginally in third quarter
(Reuters) – Asia-focussed insurer AIA Group Ltd reported a 1% rise in quarterly new business value on Tuesday as sales recovered from pandemic lows in …
Global jobs growth will ‘deteriorate significantly’ this quarter – ILO
By Emma Farge GENEVA (Reuters) – Global employment growth will “deteriorate significantly” this quarter, hit by the economic turmoil caused by the Ukraine war and …
United States Attorney’s Office Releases 2022 Third Quarter Immigration Enforcement Statistics
PHOENIX, Ariz. – Today, the United States Attorney’s Office announced its immigration enforcement statistics for July 2022 to September 2022. These cases are prosecuted in …
Three of China’s largest lenders report over 6% rise in third quarter profit
BEIJING (Reuters) – Three of China’s largest lenders posted third quarter profit rises of over 6% as non-performing loan ratios shrunk. Industrial and Commercial Bank …
Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country
Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country Micaela Burrow on October 26, 2022 In …
Apple’s holiday quarter may face pressure from inflation, weak China demand
By Nivedita Balu and Aditya Soni (Reuters) – Apple Inc’s earnings report on Thursday may show the best quarterly sales growth for iPhones this year …
Ad group WPP wrestles with wage pressure in resilient quarter
By Paul Sandle LONDON (Reuters) -British ad group WPP said its global clients are investing in their brands in the face of economic uncertainties, supporting …
Fazoli’s Achieves Most Successful Quarter in History, Breaks Over 200 Weekly Sales Records
Iconic Italian brand sees sales and traffic skyrocket to all-time highs in January, February and March, ending Q1 with system sales up 29% and a …
Tropical Smoothie Cafe Announces Outstanding First Quarter Results With +29.7 Same-Store-Sales Increase
Award Winning Fast-Casual Concept Signs 95 New Franchise Agreements with New and Existing Multi-Unit Operators Atlanta, GA (RestaurantNews.com) Tropical Smoothie Cafe, a leading national fast-casual …
Toppers Pizza Sees Double Digit Sales Increases for Fourth Consecutive Quarter as Pizza Delivery Booms Due to the Pandemic
With a commitment to fast and contactless service, first-party delivery and menu innovation, Toppers Pizza has continued to appeal to qualified entrepreneurs looking for a …
WaBa Grill Achieves Best First Quarter in Brand’s History
Waba grill announces best sales quarter in the brand’s 15-year history Leading Healthy Rice Bowl Chain Kicks off 2021 With Q1 SSS Up 21.3% City …
Puttshack Headed for Scottsdale Quarter Plus More from What Now Media Group’s Weekly Pre-Opening Restaurant News Report
Photo credit: puttshack Dive into this week’s top stories from Atlanta, Denver, Las Vegas, Los Angeles, New York, Orlando, Phoenix, San Diego, and San Francisco …
Juice It Up! Continues to Smash Sales Records in Third Quarter
Juice it up! Continues to smash sales records in third quarter Leading Smoothie, Superfruit Bowl & Raw Juice Chain Maintains 2021 Hot Streak with YTD …
Impressive Third Quarter Growth Underscores Momentum for Smoothie King
World’s Largest Smoothie Brand Reports 18% Same-Stores Sales Increase, Aggressive International and Domestic Expansion Alongside Strong Financial Performance Top Stores Dallas, TX (-) After a …
Twin Peaks Prepares for Substantial Growth After Monumental Quarter
The ultimate sports lodge was acquired by FAT Brands Inc., ranked top five in Knapp-Track’s casual dining segment, opened three new locations and more in …
Robeks Heads in Fourth Quarter with Strong Sales Momentum
Digital ordering, delivery, menu innovations and new franchise agreements are propelling growth as company celebrates 25th anniversary Los Angeles, CA (-) Robeks, the destination for …
Fourth Quarter Expansion Closes out a Record-Breaking Year for Smoothie King
Leading Global Smoothie Franchise Reaffirms Industry Dominance with 10.5% Growth in Q4 Dallas, TX (-) It’s companies like Smoothie King, the world’s largest smoothie brand …
Twin Peaks Completes Successful First Quarter, Highlighted by New Area Development and Culinary and Beverage Enhancements
The ultimate sports lodge kicks off 2022 with two store openings, several menu enhancements and more Dallas, TX (-) After closing out a strong 2021, …
Madam Bonnie’s Opening in Historic Gaslamp Quarter Spot
San Diego, CA (-) The Gaslamp Quarter has welcomed a new restaurant and bar into one of their oldest and most interesting buildings! Now open …
Clean Eatz Wraps up Second Quarter; On Track for Record-Breaking 40% Annual Growth
Industry Leading QSR Concept Flourishes Amid Increasing Inflation Wilmington, NC (-) Clean Eatz, one of the nation’s leading wellness concepts in the QSR space, is …
Italy budget watchdog sees GDP shrinking by 0.2% in third quarter
ROME (Reuters) – The Italian economy is set to shrink by 0.2% in the third quarter of the year, the Italian parliament’s budget watchdog said …