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Economy

No new eurozone stimulus measures from the ECB for now

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

Economy

Eurozone Q2 growth weakens

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

Chile

G20 ends with pledge on trade and promise to fight protectionism

The balance sheet from the latest G20 meeting, President Barack Obama’s last, appears to be a thin one.

Economy

Eurozone August business growth weaker

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

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Economy

Eurozone manufacturing 'wavering', British manufacturing rebounds

Manufacturing growth in the eurozone slowed in August partly due to the effect of the Brexit vote. The weaker pound boosting exports help UK manufacturing rebound.

Economy

Greek economy still struggling despite mild Q2 expansion

Greece's battered economy grew between April and June - but only by 0.2 percent from the first three months of the year and it shrank by 0.9 percent from the same period last year.

Economy

US second quarter growth sluggish, as consumer spending surges

New data show economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.

Economy

Exports keep Germany economic growth strong

Trade was the biggest factor in Germany's economy growing by 0.4 percent between April and June. as exports rose 1.2 percent. State spending and private consumption also contributed.

Economy

Eurozone business activity still muted in July, retail sales flat

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Economy

Eurozone GDP growth slows in Q2, French economy stalls

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

Business Series

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Economy

IMF says Brexit will reduce global economic growth in 2016 and 2017

The International Monetary Fund says Britain's decision to leave the European Union will reduce economic growth worldwide this year and in 2017.

Economy

US jobs jump in June

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

Economy

UK retail in rude health for now!

Retail sales in the UK are in rude health after a big April; the bonanza has run into May.

Economy

UK jobless levels lowest since 2005

Unemployment in the UK has fallen to its lowest levels since 2005, according to the latest figures.

Economy

Eurozone GDP growth revised upwards for Q1

It seems the eurozone's economic growth was slightly better than previously thought in the first three months of this year, but still nothing to shout about.

Economy

Weak US jobs numbers mean interest rate rise still some way off

US employers created the fewest number of jobs in more than five years in May, just 38,000, making it difficult for the Federal Reserve to justify raising interest rates in the near future.

Economy

ECB says growth prospect slightly better, but still many risks

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

Business Line

How to beat the economic low growth trap and Iran's data directive

Business Line explores the OECD's warning that the global economy is in a 'low growth trap' and Tehran wants foreign social media to move its citizens' data onto servers inside Iran.

Economy

OECD pessimistic about global growth, blames rich world governments

The world is stuck in a "low-growth trap" the Organisation for Economic Cooperation and Development says, even as it slightly raised the eurozone economic outlook for this year.