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FinanceWhat Are the 4 Main Types of Economic Systems?
Top StoriesItaly Relies on GDP Revisions to Limit 2023 Deficit Rise -Sources
Top StoriesSwedish Inflation Slows in August; Riksbank Still Expected to Hike Next Week
Top StoriesGoldman J.P.Morgan Cut UK’s 2023 Growth Forecast
Sterling Drops After UK Economy Contracts by More Than Expected
Date: September 13, 2023
Sterling drops after UK economy contracts by more than expected LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output contracted by more than expected in July. Sterling was last down 0.3% against the dollar at $1.2459, on track for its biggest daily drop in...
German Inflation Eases to 6.4% in August
Date: September 8, 2023
German inflation eases to 6.4% in August BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, rose 6.5% year on year in July. The statistics office gives more details on its website....
European Shares Fall as Weak China, Euro Zone Data Dents Appetite
Date: September 5, 2023
European shares fall as weak China, euro zone data dents appetite By Sruthi Shankar and Shashwat Chauhan (Reuters) -European shares fell on Tuesday as weak services sector data from China and the euro zone fuelled concerns about slowing global growth, though gains in energy stocks helped crimp losses. The pan-European STOXX 600 index ended the...
Euro Zone Producer Prices Drop for Seventh Month in July
Date: September 5, 2023
Euro zone producer prices drop for seventh month in July BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figures sharply lower than a year earlier possibly offering some comfort to the European Central Bank. The European Union’s statistics office Eurostat said prices at...
Russian Services Activity Grows in Aug at Fastest Rate in Five Months -PMI
Date: September 5, 2023
Russian services activity grows in Aug at fastest rate in five months -PMI MOSCOW (Reuters) – Activity in Russia’s services sector grew at the fastest rate in five months in August as the sharpest rise in new orders since July 2020 drove up output, a survey showed on Tuesday. The S&P Global Purchasing Managers’ Index...
Factbox-What Is the G20 and What Are the Key Issues for the 2023 Summit?
Date: September 4, 2023
Factbox-What is the G20 and what are the key issues for the 2023 summit? NEW DELHI (Reuters) – Leaders of the world’s richest and most powerful countries will attend the two-day G20 Summit in India’s capital New Delhi starting September 9. This is the first time India will host such a powerful group of world...