U.S. consumer spending decreases further; inflation creeping up

[ad_1] WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of…

POLL-Ukraine’s economic contraction expected to be less severe in Q3

[ad_1] * GDP Q3 poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=UAGDPQ%3DECI * GDP full year poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=U reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=UACPIAPAGDPAP KYIV, Nov 5 (Reuters) – Ukraine’s economic contraction was expected to slow in the third…

Italy approves long-delayed economic stimulus package in coronavirus fight

[ad_1] By Giuseppe Fonte, Crispian Balmer ROME (Reuters) – The Italian government has approved a long-delayed, 55 billion-euro ($59.6 billion) stimulus package aimed at helping Italy’s battered businesses and struggling…

Switzerland enters recession after COVID-19 causes biggest ever GDP drop

[ad_1] * Swiss economic output falls 8.2% in Q3, enters recession * Government says recovery now underway * Says economy may return to pre-crisis level by end of 2021 *…

Italy will help tourism, auto sectors in next stimulus drive -minister

[ad_1] ROME (Reuters) – Italy’s latest stimulus package, aimed at helping the economy overcome the coronavirus pandemic, will include help for the tourism and auto sectors, Economy Minister Roberto Gualtieri…

Italian bond yields edge up before budget deadline

[ad_1] * Italian borrowing costs 1 to 3 bps higher * Bunds pinned near four-month highs * FOMC to hike rates later on Wednesday LONDON, Sept 26 (Reuters) – Italian…

German economy likely to reach pre-pandemic level in H2 – Kukies

[ad_1] FILE PHOTO: Deputy Finance Minister Joerg Kukies arrives for questioning by a German federal parliament committee investigating the payment systems provider Wirecard scandal in Berlin, Germany, April 21, 2021.…

Rescue plan covers 80% of UK employment and business turnover – Sunak

[ad_1] Britain’s Chancellor Rishi Sunak holds a digital coronavirus disease (COVID-19) news conference with Deputy Chief Medical Officer, Dr Jenny Harries (not pictured) at 10 Downing Street, in London, Britain…

Dubai launches new program to attract remote workers

[ad_1] FILE PHOTO: A general view of Business Bay area, after a curfew was imposed to prevent the spread of the coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March…