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Economy

US jobless claims shows resilience for the world's biggest economy

Latest US jobless claims and GDP data shows world's largest economy is still expanding.

Economy

Switzerland throws cold water on GDP growth predictions

Experts say Switzerland's economy will grow at a slower rate than expected in 2023 and 2024, but should accelerate the following year.

Economy

Why the UK economy took a surprise tumble in October

Euronews Business takes a look at why the UK economy took a surprise tumble in October as the latest Office for National Statistics (ONS) figures are released.

Economy

Italy's economy escapes recession but clouds loom for 2024

Euronews Business takes a closer look at Italy's current economic situation as its latest gross domestic product (GDP) figures are released.

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Economy

German economy shrinks as household spending falls

Household spending dropped by 0.3%, driving the Germany economy into contraction in the three months to September.

Economy

Swiss government to assess the share of raw materials in GDP

Switzerland wants to take a closer look at its commodity trading and raw materials sector through the new figures.

Economy

Euro area employment rises as GDP shrinks

EU and euro area figures for gross domestic product (GDP) and employment remain relatively stable for 2023’s third quarter compared to the previous three months, according to data from Eurostat.

Economy

ECB: Eurozone inflation could rebound in next months

Inflation could pick up temporarily while eurozone economic growth will remain weak in the near term, said European Central Bank Vice President Luis de Guindos.

Healthcare

Which European countries spend the most money on healthcare?

The OECD ranked the highest-earning countries by how much they spend on healthcare, but some health systems are still under financial pressure.

Economy

US economy grows by almost 5% in third quarter

The US economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.

Economy

China's economy grew by 4.9% but its outlook is still gloomy

The world's second-largest economy expanded by 4.9% year on year in the third quarter, beating analysts’ forecasts but showing signs of slowing down.

Economy

British economy creeps forward

The UK’s GDP grew slightly in August, driven by the services sector.

Economy

The global economy 'is limping along, not sprinting' - IMF report

The global economy continues to recover, but GDP growth is going to slow down over the next two years, the IMF has said in its latest economic outlook.

Tech News

Israel's tech sector braces for disruption as Hamas conflict deepens

Israel boasts the second largest tech ecosystem outside of Silicon Valley, accounting for a fifth of GDP. Now war poses major disruption.

Economy

Norway and Germany see economic slumps in August

Norway’s economy has shrunk for the first time in four months as Germany's industrial output fell for the fourth consecutive month.

Business

Russian economy expected to grow despite war fallout

The country is defying expectations and weathering sanctions but an eventual slowdown is still expected.

Travel News

Ministers and travel experts arrive in Riyadh for World Tourism Day

It is expected to be the biggest event in its history.

Economy

Spain sees better-than-expected post-COVID growth

The revisions are due to new economic data and the difficulty in measuring economic activity in "such exceptional circumstances" as the COVID-19 pandemic, according to the INE.

Economy

UK economy slumps amid strikes and rain

The UK's GDP has shrunk by more than expected, following news of higher unemployment but also higher wages.

Economy

EU economy loses momentum amid war, inflation and natural disasters

The European Commission has revised down its economic forecast, warning that stubbornly high prices for goods and services are "taking a heavier toll than expected."