FRANKFURTMUNICH, Oct 26 Reuters German technology groups have warned they are being hit by delays in getting Chinabound exports through customs, following the introduction of a German government strategy to reduce economic dependence on demand from China. German chipmaking kit supplier Suess MicroTec late on Wednesday cut its sales forecasts for the second time in three months, blaming […]

Turkish policy has undergone Uturn since May elections Policy rate raised by 2,650 basis points since June Annual inflation climbed to 61.5 in September Bank says it ready to tighten further as needed ISTANBUL, Oct 26 Reuters Turkey39;s central bank raised its policy rate by 500 basis points to 35 as expected on Thursday, tightening […]

WASHINGTON, Oct 26 Reuters The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, again defying dire warnings of a recession that have lingered since 2022. Gross domestic product increased at a 4.9 annualized rate last […]

BERLIN, Oct 26 Reuters German companies see numerous risks to business at the moment including economic policy, high energy and raw materials prices, a lack of skilled workers and weak domestic demand, the DIHK Chambers of Commerce and Industry said on Thursday. A DIHK poll of more than 24,000 companies conducted between Sept. 11 and […]