Reuters US Economy

OTTAWA, Nov 28 (Reuters) – Canada’s economy expanded by 2.6% on an annualized basis in the third quarter, exceeding analysts’ expectations, as exports outpaced imports and capital investment was driven by government spending, Statistics Canada data showed on Friday. September’s GDP grew 0.2% compared to August, in line with analysts’ expectations, while October GDP was …

Canada’s economy up 2.6% annualized in Q3, Oct GDP likely down 0.3% Read More »

ROME (Reuters) -Italy’s economy posted marginal growth of 0.1% in the third quarter from the previous three months thanks mainly to exports, national statistics bureau ISTAT said on Friday, revising up a previous printout that pointed to stagnation. Year-on-year, third quarter gross domestic product in the euro zone’s third largest economy increased by 0.6%, above …

Italy ekes out marginal GDP growth in Q3, buoyed by exports Read More »

BRASILIA (Reuters) -Brazil’s economy created a net 85,147 formal jobs in October, data from the Labor Ministry showed on Thursday, below the 105,000 expected by economists in a Reuters poll. The net figure accounts for 2,271,460 jobs opened and 2,186,313 closed during the period, the ministry said. It was the lowest monthly net formal job …

Brazil creates fewer formal jobs than expected in October Read More »

By Amindeh Blaise Atabong YAOUNDE (Reuters) -Cameroon expects its 2026 budget deficit to more than double due to a sharp rise in spending aimed at supporting economic activity amid continued global instability, according to a draft finance bill presented to Parliament late on Wednesday. Cameroon is highly exposed to external shocks, including price volatility, due …

Cameroon’s 2026 budget deficit set to double on higher spending needs Read More »

SYDNEY (Reuters) -New Zealand’s business confidence jumped in November to its highest level in 11 years, suggesting an economic recovery was underway, an ANZ Bank survey showed on Thursday. A net 67.1% of respondents expected the economy to improve over the year ahead, versus a 58.1% optimism level in October, while 53.1% expected their own …

New Zealand business confidence jumps in November to highest in a decade Read More »