World Bank lifts Kenya’s growth forecast on construction sector optimism
NAIROBI, Nov 24 (Reuters) – The World Bank lifted Kenya’s economic growth forecast for this year to almost…
From two weeks to two hours: how AI might reboot Britain’s economy
AI offers upside for UK’s services-heavy economy Efficiency improvements are key to outlook Productivity problems overshadow November 26…
No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
Bessent says inflation due to services economy, not tariffs Treasury secretary says Republicans should end filibuster in event…
Investors eye holiday season turbulence amid AI and rate cut doubts
S&P 500 down 4% from Oct record high, Nasdaq off 7% from peak Volatility rising, indexes see biggest…
BOJ close to raising rates, board member Masu says -Nikkei
Rate hike in December will be ‘comprehensive decision’, Masu says Masu expects US tariff impact to be smaller…
Moody’s affirms UK’s Aa3 rating ahead of budget
Nov 21 (Reuters) – Global ratings agency Moody’s affirmed the United Kingdom’s Aa3 rating on Friday, citing the…
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…