Latest in US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
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US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...World - The Guardian - 6 hours ago -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - 11 hours ago -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...Politics - The Hill - October 22 -
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitWorld - Financial Times - October 17 -
The economy avoided recession. And then it sped up. Here’s why.
The U.S. recession that was supposed to happen now appears to have become the economic expansion that just won’t end.Business - MarketWatch - 6 days ago -
Middle East crisis live: Israeli attacks on UN forces in Lebanon must stop, say UK, Italy, France and Germany
Benjamin Netanyahu claims Israeli military did its utmost to avoid harming Unifil personnel while striking Hezbollah fighters. More now on the Hezbollah strike on an IDF training base we reported ...World - The Guardian - October 14 -
Retirement isn’t what it used to be — how to find your purpose and avoid getting stuck.
‘Stop looking back at the good old days and look forward to life with a sense of excitement’Business - MarketWatch - 4 days ago -
‘Bad numbers, bad mood’: recession hits Germany’s Mittelstand
Many of the smaller businesses that form the country’s economic backbone say they are in ‘permanent crisis mode’World - Financial Times - 6 days ago -
Germany's inflation surges to 2.4% as it narrowly skirts a technical recession
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.Business - CNBC - 9 hours ago -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - 5 days ago -
‘Everyone will feel some pain’: growth perils of French budget
Michel Barnier’s new government walks tightrope in a fragile economic climateWorld - Financial Times - October 23 -
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus effortsBusiness - Financial Times - October 18 -
Harris and Cheney talk economy, women’s health and Trump in Michigan campaign event – US elections live
VP and former Republican congresswoman meet voters in swing state; Trump holds rally in North Carolina. Don’t miss important US election coverage. Get our free app and sign up for election ...World - The Guardian - October 21 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Kuehne + Nagel Earnings Boosted by Volume Growth and Efficiencies
Kuehne + Nagel reported a forecast-beating rise in third-quarter profitability as efficiency measures and higher volumes helped boost the performance of its sea and air logistics businesses.Business - The Wall Street Journal - October 23 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - 11 hours ago -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - 9 hours ago -
How Slowing Down With People Boosts Team Morale and Performance
The long-term benefits far outweigh the initial time investment.Business - Inc. - 3 days ago -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - Yesterday -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.World - The Wall Street Journal - October 18 -
UK music exports hit record £775mn but growth slows
Competition intensifies from US, South Korea and Latin AmericaWorld - Financial Times - October 21 -
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - October 22 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - 6 hours ago -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - Yesterday -
France and Germany attack UK plan to levy VAT on international school fees
Proposal to impose value added tax in the Budget risks damaging diplomatic ties, ambassadors sayBusiness - Financial Times - 3 days ago