Growth in the Norwegian business sector has declined slightly over the past three months while the outlook for the next half year is more optimistic, a central bank business survey showed on Tuesday. Contacts expect activity to pick up again, and they are more optimistic than in November, primarily owing to the rollout of vaccines, […]

TAIPEI, March 9 Reuters Taiwans exports rose in February for the eighth month in a row, slightly slower than expected but benefiting from continued strong demand for chips to power technology for the workfromhome COVID19 pandemic boom. Exports rose 9.7 from a year earlier to 27.79 billion in February, the Ministry of Finance said on […]

As oil majors and developed nations push for a faster transition to clean energy, much of Latin America is struggling just to cover its basic supply needs for fossil fuels, which is forcing some countries to actually rely more on dirty energy sources. Experts speaking at this years allvirtual CERAWeek conference said a portion of […]

China on Friday set a modest annual economic growth target, at above 6, and pledged to create more jobs in cities than last year, as the worlds secondbiggest economy planned a careful course out of a year disrupted by COVID19. In 2020, China dropped a gross domestic product growth target from the premiers work report […]

U.S. job growth likely accelerated in February as more services businesses reopened amid falling new COVID19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the months ahead. The Labor Departments closely watched employment report on […]

EU competition enforcers on Thursday cleared a 20billioneuro 24 billion French scheme to help virushit companies via quasiequity loans and subordinated debt. The European Commission said the scheme consists of a state guarantee for private investment vehicles, funded by private investors, that will acquire participating loans distributed by commercial banks as well as subordinated bonds, […]

Londons FTSE 100 fell on Thursday, dragged by miners and bank stocks on concerns about rising bond yields and volatility in U.S. markets, while engineering company Meggitt fell after its annual profit halved due to the COVID19 pandemic. The bluechip FTSE 100 index slid 0.5, with mining stocks, including Rio Tinto, Anglo American, and BHP, […]

AMSTERDAM, March 4 Reuters Euro zone bond yields dipped on Thursday after a global bond selloff a day earlier that spooked markets, with focus on a speech from Federal Reserve Chairman Jerome Powell due later in the day. Bets that U.S. stimulus would boost inflation and growth pushed government bonds worldwide to their worst performance […]

French power consumption fell 3.5 last year as the COVID19 pandemic cut demand more than during the 2008 financial crisis, grid operator RTE said on Wednesday. Electricity consumption fell to 460 terawatt hours TWh, the company said. Production fell 7 when including the reduced availability of nuclear power plants, RTE added. Carbon emissions from the […]

The U.S. economy has roared back to life in 2021, with firstquarter growth set to defy even the rosiest expectations as another fresh influx of cash looms. Manufacturing data Monday showed the sector at its highest growth level since August 2018. That report from the Institute for Supply Management in turn helped confirm the notion […]