French Economic Growth Slows in May as Services Lose Momentum
The French economy grew at the slowest pace in four months in May as the services sector lost momentum.
The French economy grew at the slowest pace in four months in May as the services sector lost momentum.
Rishi Sunak pledged to restore integrity and professionalism to his Conservative government when he took office in October. But even as he glad-handed world leaders at the Group of Seven summit in Japan, his scandal-ridden party was coming up with yet another distraction.
A state-run bank India used to skirt sanctions is spurring trade with Russia by using rupees as payment and expects to see more deals as Moscow gets increasingly locked out of the global financial system.
The UK government borrowed more than forecast in the first month of the fiscal year as debt interest payments and cost-of-living support measures for consumers drove spending higher.
A rally that propelled Japanese stocks to the highest level in nearly 33 years abruptly halted on Tuesday after news about restrictions on chip-technology exports spurred profit taking.
Singapore’s core inflation rate held steady in April, a trend the city-state’s central bank said signals the path for moderating price gains.
Britain’s inflation rate is likely to fall at the sharpest pace in more than 30 years when April figures are reported on Wednesday, giving households a glimmer of relief from the worst cost-of-living squeeze in generations.
Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub in Paris, making it the latest overseas crypto firm to pick the French capital as its base on the continent.
Thailand’s pro-democracy parties omitted an amendment to a law forbidding royal insults in a common platform to form a government after winning the election. While the move sought to bolster support for Pita Limjaroenrat to become premier, uncertainty continued to grip markets.
Walgreens Boots Alliance Inc. reached a tentative settlement with consumers who received Theranos Inc. blood tests in Arizona and California and claimed that the drugstore giant was “willfully blind” to fraud at the blood-testing startup.