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Top StoriesSwitzerland’s Social Democrats Propose Shrinking UBS – Aargauer Zeitung
Top StoriesCar Sales Push Irish Retail Sales Sharply Higher Again
Top StoriesDenmark to Boost Healthcare With an Extra $739 Million per Year
Top StoriesHigh Inflation Helps to Swell UK Budget Deficit in April
Services Drive Acceleration in German Business Activity in May -Flash PMI
Date: May 23, 2023
Services drive acceleration in German business activity in May -flash PMI BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector revival that more than offset a manufacturing decline in Europe’s largest economy, a preliminary survey showed on Tuesday. The HCOB German Flash Composite Purchasing...
Turnaround Time: Private Equity Could Be Crucial to sub-Saharan Africa’s Economic Resurgence
Date: May 22, 2023
Turnaround time: private equity could be crucial to sub-Saharan Africa’s economic resurgence By Bryan Turner, Partner, Spear Capital Let’s not try and gloss over reality. The global economy has had a tough few years. A global pandemic was followed by supply chain disruptions (exacerbated by Russia’s war in Ukraine), which was then followed by rampant...
Japan’s Inflation Stays Above BOJ’s Target, Key Gauge Hits Four-Decade High
Date: May 19, 2023
Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index stripping away the effects of fuel hit a fresh four-decade high, keeping alive expectations of a tweak to...
German Economic Growth to Remain Muted in Near Term – IMF
Date: May 16, 2023
BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, but economic growth will remain muted in the near term, the International Monetary Fund (IMF) said on Tuesday. Tighter financial conditions and the energy price shock have begun to weigh on near-term growth,...
Euro Zone Industry Output Falls Sharply, With Ireland Plunge
Date: May 15, 2023
Euro zone industry output falls sharply, with Ireland plunge BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods plunged, although the sharp reduction appeared to be a result of figures from Ireland, which are typically volatile. The European Union’s statistics office Eurostat said on...
UK Finance Minister Hunt: Good News the Economy Is Growing
Date: May 12, 2023
UK finance minister Hunt: Good news the economy is growing LONDON (Reuters) – Britain’s finance minister Jeremy Hunt on Friday welcomed the latest GDP data which showed the economy had grown by 0.1% in the first three months of this year. “It’s good news that the economy is growing but to reach the government’s growth...