Olympics could add 0.25 percentage points to Q3 growth Manufacturing struggles with weaker EV demand, supply chain woes Construction sector weak as political crisis hits investment PARIS, Sept 10 Reuters Hosting the Olympic Games gave a boost to France39;s service sector in August but the country39;s political crisis still clouds the economic outlook, the central […]

SEOUL, Sept 11 Reuters South Korea39;s household borrowing rose in August by the biggest amount in more than three years, led by a record jump in mortgage demand, central bank data showed on Wednesday. Household borrowing from banks stood at 1,130.0 trillion won 840.52 billion at the end of August, up 9.3 trillion won over […]

BERLIN, Sept 11 Reuters Germany saw a 10.7 increase in insolvencies in August compared to a year earlier, the federal statistics office reported on Wednesday, adding to data that show persistent difficulties for companies in Europe39;s largest economy. The growth rate in insolvencies has been in doubledigit territory since June 2023, with the exception of […]

LONDON, Sept 11 Reuters Britain39;s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants to vastly improve the country39;s growth rate. Economic output showed no change in monthonmonth terms in July, as it did in June, […]

Asset sale deal to Carlyle on track Fullyear production outlook narrowed Firsthalf profit up 27, production rises 38 Sept 11 Reuters Gas producer Energean reported higher firsthalf profits on Wednesday, helped by a rise in production due to strong summer demand in Israel, which contributes more than 70 of total output. The company, whose main production […]

LONDON, Sept 11 Reuters Trendfollowing hedge funds took a hit from their bets on the New Zealand dollar and Japanese stocks and bonds in August, when global markets were rattled by extreme volatility, according to Societe Generale data seen by Reuters. These funds finished August with long positions in Japanese government debt, U.S. equities and […]