China energy rethink can keep Europe warm
HONG KONG, Feb 7 (Reuters Breakingviews) - Beijing's energy policy will indirectly support Europe. A post-Covid economic rebound will increase...
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U.S. weekly jobless claims drop to nine-month low; productivity gains speed
Weekly jobless claims drop 3,000 to 183,000Continuing claims decrease 11,000 to 1.655 millionProductivity accelerates at 3.0% rate in fourth quarterUnit...
U.S. job openings increase to five-month high; manufacturing slumps
Job openings increase 572,000 to 11 million in DecemberManufacturing activity slumps further in JanuaryPrivate payrolls increase by 106,000 in JanuaryWASHINGTON,...
UK house prices fall in January for fourth month in a row – Nationwide
LONDON, Feb 1 (Reuters) - British house prices dropped by a bigger-than-expected 0.6% in January and are now 3.2% below...
U.S. remains biggest destination for German exports for eighth year in a row
BERLIN, Feb 1 (Reuters) - The United States remained the most important destination for German exports in 2022 for the...
U.S. labor cost growth slows, but labor market remains tight
Employment cost index rises 1.0% in fourth quarterWages, salaries increase 1.0%; up 5.1% year-on-yearConsumer confidence index drops to 107.1 in...
German economy unexpectedly shrinks in Q4, reviving spectre of recession
Q4 GDP at -0.2% Q/Q vs forecast of 0.0%Decline due mainly to falling private consumptionEconomists reckon mild recession is likelyBERLIN,...
U.S. economy posts strong growth in Q4, but with underlying weakness
Fourth-quarter GDP increases at 2.9% rateConsumer spending solid; business investment weakensWeekly jobless claims fall 6,000 to 186,000WASHINGTON, Jan 26 (Reuters)...
U.S. economy losing momentum as retail sales post biggest drop in 12 months
Retail sales fall 1.1% in December; November sales loweredCore retail sales drop 0.7%; November sales unrevisedManufacturing production tumbles 1.3%; November...
European Central Bank to raise deposit rate to 3.25% by mid-year – Reuters poll
LONDON, Jan 23 (Reuters) - The European Central Bank will be more aggressive than previously thought in its tightening campaign,...
