Euro-Zone Business Activity Grows at Fastest Pace in Nine Months
Euro-area business activity rose at the fastest rate in nine months in February — raising the likelihood that the bloc can avoid a downturn this quarter.
Euro-area business activity rose at the fastest rate in nine months in February — raising the likelihood that the bloc can avoid a downturn this quarter.
With China’s economic recovery from the pandemic gathering pace, the nation’s top leaders vowed to boost growth and meet social development goals this year.
Expensive US equities are flashing a warning sign that could see the S&P 500 sliding as much as 26% in the first half of this year, according to Morgan Stanley strategists.
The euro area’s two largest economies saw private-sector growth return, snapping months of contractions as easing supply shocks and an unusually mild winter provide respite.
UK Chancellor of the Exchequer Jeremy Hunt has as much as £30 billion ($36 billion) for short-term giveaways in next month’s budget after the public finances came in far better than expected in January.
Switzerland’s financial regulator is reviewing comments that Credit Suisse Chairman Axel Lehmann made in December on outflows from the company having stabilized, on the basis that they may have been misleading, Reuters reported.
The Bank of Korea said it will keep considering further interest-rate increases as inflationary pressures are expected to remain elevated for an extended period.
Turkey’s gold imports from Switzerland rose to the highest since at least 2012 in January as the country’s soaring inflation spurred demand for the precious metal.
HSBC Holdings Plc’s Chief Executive Officer Noel Quinn says the bank will meet with Ping An Insurance Group Co. as part of its usual investor outreach to shareholders after fourth-quarter results.
Meta Platforms Inc. will begin moving its UK users away from the company’s Irish subsidiary and onto US agreements in a move the social-media giant flagged post-Brexit.