Category: Economy

Mothercare Plc (MTC.L), a British retailer focused on products for expectant mothers and children up to eight years of age, on Friday reported a rise in pre-tax profit for the … Read More

Singapore narrowed its growth projection for the current year citing subdued foreign demand but the pace of expansion is forecast to improve next year with the recovery in global economies. … Read More

Faster-than-expected slowdown took British inflation to the lowest level in two years, soothing fears of further interest rate hikes by the Bank of England and Prime Minister Rishi Sunak claimed … Read More

Euro area retail sales slump slowed in September as the deeper fall in the non-food segment was partially offset by the rebound in food sales, but the data cast doubt … Read More

RTL Group (AUO.F), a Luxembourgian media conglomerate, on Wednesday posted a decline in revenue for the first nine-month period of 2023. In addition, the Group has revised down its annual … Read More

Euro area private sector activity declined at the fastest pace in nearly three years in October due to the sharp fall in business intakes amid the gloomier economic outlook. The … Read More

China’s service sector growth improved in October but the rate of expansion remained muted as new business logged the weakest rise in ten months and firms were more cautious about … Read More

A report released by the Labor Department on Thursday showed U.S. labor productivity shot up by more than expected in the third quarter of 2023, while the report also showed … Read More

The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended October 28th. The report said initial jobless … Read More

J Sainsbury plc (JSAIY.PK,SBRY.L) reported that its profit before tax for the 28 weeks ended 16 September 2023 was 275 million pounds, down 27% from the prior year, reflecting non-cash … Read More