BERLIN (Reuters) -German exports fell a less-than-expected 0.9% in July from a month earlier as global demand continued to falter, data from the federal statistics office showed on Monday. The result compared with a forecast 1.5% decline in a Reuters poll. “Trade is no longer the strong resilient growth driver of the German economy that …
German exports fall less-than-expected 0.9% in July Read More »
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged this week, as it did in July with inflation easing, but the rate hike cycle may not be over with the shekel hovering around a 3 1/2 year low. Of the 16 economists polled by Reuters, 15 projected …
By Amina Niasse NEW YORK (Reuters) – Black Americans were the only U.S. racial or ethnic group to see a drop in their jobless rate in August, helping drive the gap between the rates for Black people and white people back to near a record low. A rise in the jobless rate to 6% for …
Jobless rate for Black Americans drops as others rise Read More »
BRASILIA (Reuters) – Brazil’s top central bank officials on Friday praised the government’s commitment to eliminate the primary deficit in its 2024 budget, saying fiscal improvement is vital for aligning inflation expectations with official targets. “Maintaining the (fiscal) target is super-important,” said central bank chief Roberto Campos Neto at an event hosted by business group …
Brazil central bank applauds Lula’s budget bill, stresses fiscal improvement need Read More »
BRASILIA (Reuters) – Brazil posted a trade balance of of $9.767 billion in August, government data showed on Friday, above market estimates for a balance of $9.75 billion. The month’s performance was explained by a 1.4% rise in the value of exports compared to the same period of 2022, while imports fell by 19.6%. Imports …
Brazil records trade surplus of nearly $9.8 billion in August Read More »
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Representatives of 14 western creditor nations, grouped in the Paris Club, were in Cuba this week to salvage a debt agreement with the import dependent country which is expected to default on payments for a fourth consecutive year. “The discussions enabled us to come closer to …
Western creditors and Cuba pledge to salvage debt deal Read More »
LONDON (Reuters) – The downturn in euro zone manufacturing eased last month, suggesting the worst may be over for the bloc’s beleaguered factories although demand weakened to its lowest in almost a year, a survey showed on Friday. Germany, Europe’s biggest economy, remained a negative outlier among the big players, likely fuelling the discussion about …
Euro zone August factory activity showed signs of recovery -PMI Read More »
PARIS (Reuters) – France’s manufacturing sector contracted for the seventh month in a row and at a slightly sharper pace than initially forecast in August, a business survey showed on Friday. HCOB’s final Purchasing Managers Index (PMI) for the French manufacturing sector in August – compiled by S&P Global – came in at 46.0 points, …
French manufacturing downturn steeper than initial estimate in August – PMI Read More »
ISTANBUL (Reuters) – Turkish factory activity contracted for a second month in August due to a slowdown in new orders as firms faced challenges securing business, a survey showed on Friday. The Purchasing Managers’ Index (PMI) for manufacturing fell to 49.0 in August from 49.9 in July, according to the survey by the Istanbul Chamber …
By Svea Herbst-Bayliss NEW YORK (Reuters) -Tarsadia Investments wants Cue Health to review its strategy, including a possible sale, to help reverse its stock plunge of 98% in the last two years. The investment firm, which owns just under 5% of the diagnostic company’s shares, also wants it to cut costs and add a shareholder …
Investor Tarsadia urges Cue Health to review options, add new director Read More »
