Orsted, Eversource submit revised proposal for Sunrise Wind in NY auction
(Reuters) – Denmark’s Orsted said on Thursday it had submitted a new proposal with Eversource for Sunrise Wind in response to New York’s latest offshore wind solicitation. Sunrise Wind is a 924…
Euro zone economic growth revised up with household, business support
BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and business investment…
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the advance estimate…
Euro zone Oct y/y inflation revised marginally lower, still record high
BRUSSELS (Reuters) – Euro zone inflation in October was marginally lower than previously reported in year-on-year terms but still at a record high because of surging energy prices, final data showed from…
Italy October EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 3.8% month-on-month in October and were up 12.6% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down preliminary data. The…
Portugal’s October inflation revised slightly lower to 10.1%
LISBON (Reuters) – Portuguese consumer prices rose 10.1% year-on-year in October, their fastest pace since May 1992, final official data showed on Friday, in a slight downward revision of an earlier estimate…
Euro zone Sept inflation revised down slightly, still at record high
BRUSSELS (Reuters) – Euro zone consumer inflation was marginally lower in September than estimated earlier, data showed on Wednesday, but still at a record high, underlining market expectations of more interest rate…
U.S. economic growth revised up; gap between GDP and GDI narrows sharply
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy’s recovery from the COVID-19 pandemic was much stronger than initially thought amid massive fiscal stimulus, according to revisions on Thursday, which also showed…
Russian economy shrinks 4.1% y/y in Q2 as sanctions weigh – revised data
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) – Russia’s economy shrank 4.1% year-on-year in the second quarter of 2022, data…
Euro zone Q2 growth revised up, supported by household spending
BRUSSELS (Reuters) – Euro zone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after half of year of stagnation despite the…
Japan’s Q2 GDP likely revised up on robust capex, outlook murky: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, but growth prospects in the current quarter…
S.Korea revised Q2 GDP rises 0.7% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the second quarter by a seasonally adjusted 0.7% from the previous quarter, revised central bank data showed on Thursday, matching the advance estimate released…
It’s Official: Revised GDP Numbers Show The Economy Is Definitely Shrinking
It’s Official: Revised GDP Numbers Show The Economy Is Definitely Shrinking John Hugh DeMastri on August 25, 2022 The Department Of Commerce revised the estimate of Gross Domestic Product (GDP) Thursday morning,…
U.S. wholesale inventories gain revised lower in June
(Reuters) – U.S. wholesale inventories increased less than initially thought in June as businesses slowed the replenishment of their stocks as they continue to draw down on excess inventories amid softening consumer…
Boeing defense workers to vote on revised contract offer
By David Shepardson WASHINGTON – Boeing defense workers in the St. Louis area on Wednesday are set to vote on the company’s revised contract offer after they canceled a strike that had…
U.S. wholesale inventories revised lower in May
WASHINGTON – U.S. wholesale inventories increased less than initially thought in May, suggesting that inventory investment could subtract from gross domestic product in the second quarter. The Commerce Department said on Friday…
Japan FY2021/22 tax revenue seen revised up to record amount – draft
TOKYO – Japan’s government has revised up its estimates of national tax revenue from the last fiscal year ended in March, as a weak yen and economic recovery from the pandemic helped…
Frontier Group sees a deal with Spirit Airlines after revised offer
CHICAGO – Frontier Group Holdings Chief Executive Barry Biffle said on Monday the company’s revised offer for Spirit Airlines Inc will be enough to secure a merger deal with the ultra-low-cost carrier.…
Euro zone GDP growth speeds up in Q1 despite Ukraine war, revised data show
BRUSSELS – The euro zone economy grew much faster in the first quarter of the year than in the previous three months despite the impact of the war in Ukraine, the European…
S.Korea Q1 GDP growth revised slightly down to 0.6%
SEOUL – South Korea’s economy grew by a seasonally adjusted 0.6% in the first quarter from three months earlier, slightly lower than 0.7% growth estimated earlier, revised central bank data showed on…
Euro zone April inflation revised down to 7.4%; still a record high
FRANKFURT – Euro zone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU’s statistics agency said on Wednesday, lowering its estimate from…
Euro zone Q1 GDP growth rate revised upward to end-2021 pace
BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing the euro zone expanded at the solid…
Euro zone March inflation revised slightly down, still at record
BRUSSELS – Euro zone inflation in March was marginally lower than earlier reported, the EU’s statistics office said on Thursday, but still at record highs because of a surge in the cost…
U.S. wholesale inventories revised higher in February
WASHINGTON – U.S. wholesale inventories increased more than initially thought in February, but inventory investment probably offered little or no boost to economic growth in the first quarter. The Commerce Department said…
Australia’s Virtus Health considers revised bid from BGH in takeover battle with CapVest
By Riya Sharma and Sameer Manekar (Reuters) – Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks after it…
Italy January EU-harmonised CPI revised to +5.1% y/y
– Italian EU-harmonised consumer prices (HICP) remained flat month-on-month in January and were up 5.1% from the year earlier, official statistics agency ISTAT said on Tuesday, revising down preliminary data. The preliminary…
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