gdp
BusinessServices’ Grip on UK Economy Tightens as Manufacturing Share Ebbs Further
FinancePortugal’s Government Sees Growth at 2% in 2024 and 2025
InvestingEuropean Shares Have Worst Day in a Month as Investors Digest Mixed US Data
BusinessRussia Raises Main Economic Forecasts, Sees Higher Year-End Inflation
Europe Shrugs Off Nvidia Chill to Eye Record High
Date: August 29, 2024
By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intelligence powerhouse Nvidia’s results, while oil prices rebounded from two sessions of losses helped by Libyan supply disruptions. Wall Street’s main indexes were trading higher, with the Dow Jones Industrial Average rose 0.64% to 41,353.44, the S&P...
Chip Stocks Slip, Keeping European Shares Muted Ahead of Data-Heavy Week
Date: August 26, 2024
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the technology sector lower as investors looked ahead to several key economic data releases this week for more clues on the path of monetary policy. Stocks of European semiconductor stocks slipped as focus...
UK Businesses Report More Growth Momentum in August
Date: August 22, 2024
By Andy Bruce (Reuters) -British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going into the second half of 2024. Investors slightly scaled back their bets on a Bank of England interest rate cut next month after...
Bank of England to Deliver One More Rate Cut This Year, Economists Say: Reuters Poll
Date: August 22, 2024
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is expected to stay above target. At the August meeting, the Monetary Policy Committee trimmed Bank Rate to 5.00% from a 16-year...
German Tax Revenue Fell 7.9% in July
Date: August 22, 2024
By Maria Martinez BERLIN (Reuters) – Germany’s federal and regional state governments’ tax revenue fell strongly in July compared with the same month last year due to a sharp decline in revenue from sales taxes, the finance ministry said on Thursday. The federal and state governments’ tax revenue decreased by 7.9% year-on-year to a...
Thai Q2 GDP Beats Forecast, but Policy Uncertainty Clouds Outlook
Date: August 19, 2024
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic expansion accelerated in the second quarter due to stronger consumption, tourism and exports, but analysts said policy uncertainty following a change in government clouds the outlook. Gross domestic product grew 2.3% in the April-June quarter from a year earlier, National Economic and Social Development...