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EXPORTS SLUMP IN FRANCE
French economy unexpectedly contracts as exports slump in third quarterThe French economy experienced a contraction of 0.1% in the third quarter due to declining exports. Exports fell significantly, particularl...
Swiss watch industry should find time for India, says DeloitteThe Swiss watch industry faces challenges from US tariffs and declining Chinese demand. Deloitte suggests India and Mexico as new growth dr...
Operation Sindoor: Dassault slams reports on Rafale jet loss, denies CEO statementA single Rafale jet lost during Operation Sindoor has stirred a fierce row between India, Pakistan and France. While Pakistan trumpets clai...
Gold prices heads for quarterly rise; spotlight on inflation dataIn the world of gold investment, tracking prices, inflation data, and the Federal Reserve's stance is key. Market dynamics shift based on f...
China exports drop more than expected, fueling growth risksThe latest fall in Chinese exports and imports in May offer more evidence that recovery is being impacted.
Two more grain ships leave Ukraine, Turkey's defence ministry saysThe Zumrut Ana and MV Ocean S, which are authorized to depart on Aug. 20, were loaded with 6,300 tonnes of sunflower oil and 25,000 tonnes ...
German economy shrinks by record 10.1% in second quarter due to coronavirus lockdownsGermany appears to have withstood the coronavirus shock better than many of its neighbours so far and began reopening factories, shops and ...
Lockdown, Day 72: The sinking bottom lineThe world’s largest lockdown has fueled the biggest earnings decline in at least six years for India.
German industrial recession drags economy deeper into slumpFactory activity is shrinking at the fastest pace in a decade and growth in services is softening.
World’s biggest economies are moving deeper into a slowdownThe early signs from the data suggest the world economy lost momentum as it entered 2019.
Eurozone to shrink further; job-loss record to shoot upGDP in the 17-nation region will fall 0.4% this year, compared with a Feb prediction of a 0.3%, the Brussels-based commission said.
- Dollar rises as data hint at improving economy
The dollar rose against the euro on Wednesday as several reports hinted at improvements in the US economy.
- Swiss economic growth leaves Germany in the shade
Swiss GDP will grow 2% this year, according to the country’s central bank. That’s double the European Commission’s estimated rate for the E...
- 'Weak euro a boost for European exporters'
The weaker euro will be a boost for European exporters, French Trade Minister Anne-Marie Idrac said, despite widespread concerns over the r...
- Recovery faster in Asia than US, Europe
Asia is outpacing the United States and Europe in the rebound from the global economic slump, thanks to multi-billion dollar stimulus packa...
- Japan comes out of recession in Q2
But economists and politicians sounded cautious, noting that the main driver of growth was exports and that domestic consumer spending rema...
- Japan's economy rebounds in 2Q on export growth
Japan's economy broke free of recession in the second quarter, expanding 3.7 per cent at an annual pace on a strong rebound in exports, joi...
- Derivative Truce: Firms settle out of court with banks
Fall in Swiss franc against the dollar and banks freezing working capital lines have helped cos to cut deals with banks.
- A worthwhile palliative
It is too early to think that sudden zoom in stock markets will mitigate the pain.
- US wants dollar to strengthen: Bush
US President George W. Bush said in an interview published Tuesday that his government was concerned by the value of the US dollar, with th...