German business activity growth loses momentum in November, PMI shows
BERLIN, Nov 21 (Reuters) – Germany’s private sector growth has lost momentum in November as the manufacturing sector…
Euro zone business activity grows steadily in November, PMI shows
Euro zone services sector leads growth, manufacturing returns to contraction Germany’s private sector growth loses momentum France’s private…
BoE’s Pill does not expect much shift in rate view given high pay growth
LONDON, Nov 18 (Reuters) – Bank of England Chief Economist Huw Pill said on Tuesday that he did…
POLL Bank Indonesia to hold rates steady at 4.75% on November 19, cut next month
A majority of economists, 24 of 30, expect rates to be on hold at 4.75% on November 19…
US construction spending rebounds in August
WASHINGTON, Nov 17 (Reuters) – U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as…
Israel economy powered to 12.4% gain in Q3 after end of Iran conflict
JERUSALEM, Nov 16 (Reuters) – Israel’s economy rebounded sharply in the third quarter, putting in a stronger-than-expected performance…
Fitch retains Ukraine’s sovereign rating at ‘restricted default’
Nov 14 (Reuters) – Global ratings agency Fitch affirmed Ukraine’s long-term foreign currency sovereign credit rating at “restricted…
Trump cuts tariffs on beef, coffee and other foods as inflation concerns mount
Tariff rollback includes beef, tomatoes, bananas amid inflation concerns Trade deals with Argentina, Ecuador, Guatemala, El Salvador to…
China vows to boost consumption, better balance demand and supply
BEIJING, Nov 14 (Reuters) – China’s cabinet pledged on Friday to boost consumption by better aligning supply with…
Swiss machine maker feels heat from auto sector slowdown, Trump’s tariffs
Swiss machine maker lays off staff after US tariffs Pfiffner already struggling due to car industry woes Weak…
Switzerland wins US tariff rate cut to 15%, pledges $200 billion in US investments
Swiss government says US tariff rate to fall to 15% from 39% US trade chief Greer says Switzerland…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…