Sept 3 Reuters British consumer spending increased modestly in annual terms during August, fuelled by spending on food and drink during summery weather, according to surveys on Tuesday that added to signs of steady economic growth in the second half of 2024. Barclays said consumer spending on its credit and debit cards rose by 1.0 […]

Sth Africa seeks more balanced trade with China Sth Africa, China look to expand renewable energy cooperation China willing to increase employment in Sth Africa operations BEIJING, Sept 3 Reuters China and South Africa, whose top leaders met in Beijing, agreed to promote balanced trade and discussed boosting twoway investments between their industrial and commercial […]

CAIRO, Sept 3 Reuters Egypt39;s nonoil private sector activity expanded in August for the first time in well over three years, as demand stabilised and the economy improved, a survey showed on Tuesday. The SP Global Purchasing Managers39; Index for Egypt improved to 50.4 in August from 49.7 in July, edging above the 50.0 threshold […]

NEW YORK, Sept 3 Reuters A record 1 out of every 10 spent globally in 2024 will be on travel as people briskly book hotels, cruises and flights, according to an annual report by the World Travel and Tourism Council, a nonprofit membership organization. The travel and tourism industry39;s contribution to global gross domestic product […]

NEW DELHI, Sept 3 Reuters The World Bank on Tuesday raised its Indian economic growth forecast to 7 for the current fiscal year, from an earlier estimate of 6.6, helped by government spending on infrastructure. India39;s economic growth slowed to 6.7 in AprilJune as a decline in government spending during national elections weighed, data showed last […]

ZURICH, Sept 3 Reuters The Swiss economy grew by 1.8 in the second quarter, the government said on Tuesday, boosted by income from the Paris Olympics and the European football championship as well as higher pharmaceuticals and chemical production. The annual increase beat Reuters forecasts for 1.4 as broadcast revenues from both sporting events almost […]

ISTANBUL, Sept 3 Reuters Turkey39;s annual inflation tumbled a bit more than expected to 51.97 in August, data showed on Tuesday, continuing a sharp slide due to base effects and food price relief, and keeping the central bank on track for rate cuts in the months ahead. Monthonmonth, consumer price inflation CPI was 2.47 in […]