RACHEL Reeves has suffered a new setback after a surplus in government finances came in more than £5billion below forecasts.It has left experts warning the…
Breadcrumb Trail LinksPMN BusinessJapan’s economy outperformed forecasts as business spending and net trade helped fuel a third straight quarter of growth that will keep the…
Ford has been grappling with stubbornly high warranty expenses and sluggish cost-cutting efforts. In the July-September quarter, the company took $1billion (€960,000) in accounting charges…
Eurozone inflation exceeded forecasts in January, reaching 2.5%, but the euro weakened as fears of US tariffs overshadowed expectations of a hawkish ECB response. European…
THE Met Office has warned that snow could hit parts of the UK this week with an icy -4C plunge on the cards.While Storms Eowyn and Herminia…
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary…
Germany's headline inflation rose to 2.2% in November, below forecasts, with a sharp 0.2% monthly drop signalling disinflation. Core inflation hit 3.0%, the highest since…
The tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.US tech stocks have catapulted the Nasdaq…
Leftist history teacher and centre-right veterinarian set for run-off vote next month, according to pollsters.Polling stations in Uruguay have closed in a presidential election race…
Breadcrumb Trail LinksPMN BusinessUS inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for…
The BBC Weather website and app are suffering a data fault issue, meteorologists have said, after forecasts showed hurricane force winds hitting the UK. Graphics…
Pat Cummins expects his two powerful all-rounders to make a larger impact in the upcoming series between the two highest-ranked test-playing nations.Australia captain Pat Cummins…
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressDamian J. TroisePublished Jul 11, 2024 • 2 minute read You can save this article by registering…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Breadcrumb Trail LinksInvestorFinancial TimesThe factors that explain why a contraction has been a no-showAuthor of the article:Financial Times Edward YardeniPublished May 27, 2024 • 3…
Breadcrumb Trail LinksPMN BusinessSo far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and…
The Dutch brewer sold more beer in Q1 compared with the same time last year, with sales of premium brands doing particularly well. ADVERTISEMENTHeineken, the…
THE Bank of England is among the world’s worst at making economic forecasts, a report says. It has “significant shortcomings” in making predictions and relies…
City-state’s performance is closely watched as a barometer of global economic conditions. Singapore’s economy grew slower than expected in the first quarter, as a struggling…
THE Bank of England yesterday forecast inflation will fall to its target of two per cent 18 months earlier than expected. The encouraging news led…