Employment 296k vs Reuters poll forecast 170k Jobless rate holds at 3.8 despite expectations for a rise More people return to labour market Regular pay growth edges up but lags far behind inflation Bank of England watching for inflation heat in jobs market LONDON, July 18 Reuters The number of people in work in Britain […]

ZURICH, July 19 Reuters Switzerland imported 284 kg of gold worth around 16 million from Russia in June, customs data showed on Tuesday, down from more than 3 tonnes worth some 200 million in May. The shipments have raised questions about whether Swiss firms may be helping finance Moscow39;s invasion of Ukraine something Switzerland39;s major […]

LONDON, July 18 Reuters Britain39;s government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday. Zahawi will address the City of London39;s annual Mansion House dinner, where he is set to confirm a […]

LONDON, July 18 Reuters Britain was on course for its hottest day on record on Monday with temperatures forecast to hit 40C for the first time, forcing train companies to cancel services, schools to close early and ministers to urge the public to stay at home. Much of Europe is baking in a heatwave that […]

REDMOND, Wash., July 18 Reuters U.S. companies are facing a new era in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft Corp39;s President Brad Smith told Reuters in an interview. At the software maker39;s Redmond, Washington, headquarters, Smith highlighted one source of what he called today39;s greater […]

SHANGHAIBEIJING, July 18 Reuters Chinese regulators stepped up efforts to encourage lenders to extend loans to qualified real estate projects as the beleaguered property sector faced fresh risks from a widening mortgagepayment boycott on unfinished houses. The China Banking and Insurance Regulatory Commission CBIRC told the official industry newspaper on Sunday that banks should meet […]

China39;s Q2 GDP shrinks from Q1, YY growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks darken outlook Fresh COVID flareups, Ukraine War, global rate hikes heap pressure Analysts expect full year GDP growth to lag govt target of 5.5 BEIJING, July 15 Reuters China39;s economic […]

BEIJING, July 15 Reuters China39;s industrial output grew 3.9 in June from a year earlier, quickening from a 0.7 rise in May, official data showed on Friday, as activity began to recover from months of crippling COVID lockdowns. The expansion was weaker than a 4.1 increase that analysts had forecast in a Reuters poll. Retail […]

July 15 Reuters U.S. consumers tempered their inflation expectations in July alongside a sharp drop in gasoline prices over the past month, a development likely to be welcomed by Federal Reserve officials worried that expectations for high inflation could become embedded and complicate their task of reining in price increases. The University of Michigan39;s preliminary […]

LONDON, July 15 Reuters Britain39;s weather forecaster issued its firstever red Extreme Heat warning for parts of England on Monday and Tuesday when temperatures are forecast to reach record highs, triggering a national emergency alert level. Much of Europe is baking in a heat wave that has pushed temperatures into the mid40s Celsius in some […]