Slide in euro zone service sector sharpens ECB’s rates dilemma

[ad_1] LONDON, Aug 23 (Reuters) – Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys…

Euro falls on gloomy PMI data, dollar hits 2-month high

[ad_1] [1/2]Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. Picture taken May 21, 2019. REUTERS/Antonio Bronic Acquire Licensing Rights LONDON, Aug 23…

Euro zone in double-dip recession but optimism abounded in Feb -PMI

[ad_1] LONDON, March 3 (Reuters) – The euro zone economy is almost certainly in a double-dip recession as COVID-19 lockdowns continue to hammer the services industry, but hopes for a…

Stocks little changed, while dollar gains after factory data

[ad_1] [1/5]An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April 16, 2018. REUTERS/Stringer Acquire Licensing Rights S&P 500 near…

UK factory output grows at slowest since May, consumer lending slides

[ad_1] LONDON, March 1 (Reuters) – British manufacturers reported their slowest output growth since May last month, hit by Brexit and COVID-19-related delays, and consumers cut back heavily on borrowing…

Oil slips as China sours sentiment

[ad_1] A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. Picture taken May 16, 2017. REUTERS/Stringer /File Photo…

U.S. services sector index races to record high in July -ISM survey

[ad_1] A trader wearing a protective face mask walks, as the global outbreak of the coronavirus disease (COVID-19) continues, at the New York Stock Exchange (NYSE) in the financial district…

Mexican economy shrinks for first time since pandemic rebound

[ad_1] People walk past a building undergoing construction in Mexico City, Mexico January 30, 2020. REUTERS/Andres Martinez Casares/File Photo MEXICO CITY, Oct 29 (Reuters) – Mexico’s economy shrank 0.2 percent…

Philippines Q3 GDP slows less than expected, putting 2021 target in reach

[ad_1] Q3 GDP grows 7.1% y/y vs +12% in Q2 Economy expands 3.8% q/q in Q3 GDP growth on track to reach upper end of 4-5% target for 2021 MANILA,…

Saudi Q3 GDP growth at 6.8%, highest since 2012

[ad_1] A Saudi flag flutters atop the Saudi Arabia’s embassy in Beirut, Lebanon October 30, 2021. REUTERS/Aziz Taher DUBAI, Nov 9 (Reuters) – Saudi Arabia’s economy grew 6.8% in the…