The U.S. dollar inched up in choppy trading on Tuesday as market participants anxiously anticipated a key U.S. inflation report. The dollar index, which measures the greenback against six major peers, increased 0.06 percent to [Read More]
Industrial output in Italy rose by 2.3 percent in the latest index from the Italian government’s main statistical entity released on Tuesday, reversing a recent trend and outpacing inflation for that month. The data from [Read More]
The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according [Read More]
Turkey’s current account registered a deficit of 3.11 billion U.S. dollars in August, bringing its annual current account deficit to more than 40.88 billion dollars, a record high since 2018, showed the latest central bank [Read More]
A Libyan-Cypriot Economic Forum will be held in Cyprus in November. The news came as the Tripoli Chamber of Commerce participated virtually in the preparatory meeting for the Libyan-Cypriot Economic Forum, reports the Libya Herald. [Read More]
Responding to mounting pressure, the United Kingdom (UK) Treasury decided on Monday to bring forward the date of its debt-cutting plan, alongside forecasts for public finances, to Oct. 31. The announcement of the government’s medium-term [Read More]
The Portuguese government on Monday proposed its 2023 budget to counter the “most adverse” scenarios of the global financial crisis. The budget, which will be discussed in parliament on Oct. 26-27 with the final vote [Read More]
U.S. carmaker Tesla’s Shanghai Gigafactory has achieved a new monthly delivery record of over 83,000 vehicles in September, the company said on Monday. On Aug. 15, Tesla’s Shanghai Gigafactory announced that it had produced 1 [Read More]
A large-scale tax-cutting package recently announced by the British government has concerned Richard Carter, a resident in northwest London. “It seems to have been so mishandled that any chance of it actually working has probably [Read More]
Import prices were 32.7 percent higher in Germany in August than in the same month a year earlier, which the Federal Statistical Office (Destatis) described on Friday as the highest increase since the oil crisis [Read More]
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