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Top StoriesUK Construction Growth Hits 14-month High in April, PMI Survey Shows
Top StoriesShares in Spain’s Indra Surge After Net Profit Rises 40%
Top StoriesGerman Engineering Orders Deepen Decline in March, Reports Vdma
Top StoriesEuro Zone Factory Activity Takes Turn for the Worse in April, PMI Survey Shows
UK Set for Weak Growth and Highest Inflation in G7, OECD Says
Date: May 2, 2024
UK set for weak growth and highest inflation in G7, OECD says By Andy Bruce LONDON (Reuters) -Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries this year and next, forecasts from the Organisation of Economic Co-operation and Development suggested on Thursday. The OECD cut...
Thailand Records Nearly 12 Million Tourists in First Four Months
Date: April 30, 2024
Thailand records nearly 12 million tourists in first four months BANGKOK (Reuters) – Thailand recorded 11.95 million foreign tourist arrivals from the January to April 28 period, its tourism ministry said on Tuesday. Foreign tourism generated revenue of 575 billion baht ($15.52 billion) in that period, it said. Thailand is targeting about 40 million foreign...
EU Industry Group Downgrades Steel Demand Forecast for 2024 Again
Date: April 29, 2024
EU industry group downgrades steel demand forecast for 2024 again LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a matter of months, projecting growth of 3.2%, due to geopolitical tensions, economic uncertainty and high interest rates. The European Steel Association (Eurofer) had...
Global Economy Set to Stay on a Roll for the Rest of the Year – Reuters Poll
Date: April 26, 2024
Global economy set to stay on a roll for the rest of the year – Reuters poll By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists...
Dollar Firmer on Higher U.S. Inflation; Yen Sinks vs Euro, US Currency
Date: April 25, 2024
Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming expectations that the start of the Federal Reserve’s easing cycle could be pushed later in the year....
Standard Chartered Lowers Vietnam 2024 Growth Forecast to 6.0%
Date: April 24, 2024
Standard Chartered lowers Vietnam 2024 growth forecast to 6.0% HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the bank said on Wednesday, citing lower-than-expected growth in the first quarter and global trade headwinds. “Trade, a key source of growth and investment for Vietnam, also...