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Growth Forecast - World Bank cuts 2024 growth forecast for sub-Saharan Africa over Sudan
The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due to the destruction of Sudan's economy in a civil war. However, ...
ECB poised to cut rates again as inflation cools, growth fades
The European Central Bank (ECB) is widely expected to lower interest rates again later this week as anxiety about inflation in the eurozone fades ...
FTSE 100 Live 11 October: Sainsbury’s and BP under pressure, economy shows growth
Annual growth of 0.2% in the three months to August compares with the rate of 0.8% seen in May. Services output grew by 0.1% in August, with production up by 0.5% after a fall of 0.7% in July while ...
Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus
Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to shore up growth, including plans for greater public spending ...
UK economy returns to growth in August after two months of stagnation
Britain's economy grew in August after two consecutive months of stagnation, providing some relief to finance minister Rachel Reeves ahead of the new Labour government's first budget later this month.