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Image for France cuts 2024 growth forecast as outlook darkensTop Stories

France Cuts 2024 Growth Forecast as Outlook Darkens

Image for Germany likely in recession, Bundesbank saysTop Stories

Germany Likely in Recession, Bundesbank Says

Image for Heineken shares slide on 2024 outlookTop Stories

Heineken Shares Slide on 2024 Outlook

Image for German economy expected to grow in 2024, official saysTop Stories

German Economy Expected to Grow in 2024, Official Says

Image for World stocks at two-year high, U.S. inflation data in focus

World Stocks at Two-Year High, U.S. Inflation Data in Focus

Date: February 12, 2024

World stocks at two-year high, U.S. inflation data in focus By Elizabeth Howcroft LONDON (Reuters) – European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for U.S. inflation data due this week to give clues about when the U.S. Federal Reserve might...

Image for Italy Dec industry output rebounds slightly more than forecast at end of weak year

Italy Dec Industry Output Rebounds Slightly More Than Forecast at End of Weak Year

Date: February 9, 2024

Italy Dec industry output rebounds slightly more than forecast at end of weak year ROME, Feb 9 (Reuters) – Italian industrial output was slightly stronger than expected in December, rebounding 1.1% on a month-on-month basis following a 1.3% fall in November, national statistics bureau ISTAT reported on Friday. A Reuters survey of 16 analysts had...

Image for ‘Long and tedious journey’: companies sour on China outlook

‘Long and Tedious Journey’: Companies Sour on China Outlook

Date: February 7, 2024

‘Long and tedious journey’: companies sour on China outlook By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) – Some of the world’s top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about damage to firms exposed to the country and Beijing’s ability to revive the...

Image for German industrial output falls more than expected in December

German Industrial Output Falls More Than Expected in December

Date: February 7, 2024

German industrial output falls more than expected in December By Maria Martinez (Reuters) -German industrial production fell more than expected in December, the federal statistics office said on Wednesday, marking the seventh monthly decline in a row and highlighting weakness in the backbone of Europe’s largest economy. Industrial production fell in December by 1.6% compared...

Image for Saudi Arabia’s investment ministry withdraws budget data

Saudi Arabia’s Investment Ministry Withdraws Budget Data

Date: February 6, 2024

Saudi Arabia’s investment ministry withdraws budget data DUBAI (Reuters) -Saudi Arabia’s investment ministry removed fiscal data from a monthly bulletin published earlier on Monday on its website that showed the kingdom would record a budget surplus in 2023. There was no fiscal data in an updated version of the report on the website. A government...

Image for Lack of orders weighs on German economy – Ifo

Lack of Orders Weighs on German Economy – Ifo

Date: February 5, 2024

Lack of orders weighs on German economy – Ifo BERLIN (Reuters) – The lack of orders in manufacturing is increasingly becoming a burden on the German economy, the Ifo Institute said on Monday. In January, 36.9% of manufacturing companies reported a lack of orders, up from 36.0% in October, according to Ifo’s surveys. A year...