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Industry News

International Economy / Markets Articles

Modi Hails India Growth Prospects Before 20,000 at Garden
India's economy is set to progress "very fast" as the government takes steps to boost growth, including easing visa rules and changing outdated laws, Prime Minister Narendra Modi said at an event in New York City.
September 29, 2014 – Bloomberg

German business confidence falls further, Ifo survey finds
Europe's largest economy has shown further signs of fragility, as a key indicator of German business confidence fell for a fifth successive month.
September 24, 2014 – BBC News

Manufacturers See Sluggish Sales Growth in International Markets
Net exports have been a drag on the U.S. economy so far through the first half of this year, with manufacturers continuing to experience sluggish sales growth in international markets.
September 12, 2014 – National Association of Manufacturers

China inflation data show economy losing momentum
China's consumer inflation eased in August while wholesale deflation intensified, clouding the outlook for an economy struggling to stage a convincing recovery.
September 10, 2014 – CNBC

UK industrial output sees biggest rise for six months
UK industrial output saw its biggest monthly rise in six months in July as electricity generation increased, official figures show. Industrial output rose by 0.5% in July after a 0.3% rise in June, according to the latest figures from the Office for National Statistics.
September 9, 2014 – BBC News

German manufacturing sector investing in more advanced technologies
German mechanical engineering has long been at the heart of the country's economy and is renowned for its innovation, performance and reliability. The latest VDMA figures show that the industry generates around 30% of the country's GDP and employs over 1 million people in approximately 6,000 companies.
September 8, 2014 – OEM Off-Highway

German industrial production jumped 1.9% in July
German industry has posted its strongest month in almost two and a half years. The Economy Ministry said industrial production was up 1.9% in July, lifted by an increase in manufacturing and construction output.
September 5, 2014 – BBC News

British economy slows a touch in August
Britain's economy slowed in the three months to August, adding to expectations that the strong pace of recovery will lose a bit of its momentum in the second half of the year, one of Britain's business lobby groups said on Thursday.
September 3, 2014 – Reuters

Economy grows but transition is fragile
Australia's economy is slowly shifting from its dependence on mining-led growth, but its recovery remains fragile.
September 3, 2014 – Yahoo Finance

France's economy minister slams German austerity measures
French Economy Minister Arnaud Montebourg on Saturday criticised German austerity measures and warned France would no longer "be pushed around" by the EU's economic powerhouse.
August 23, 2014 – AFP

Japan exports growth fuels recovery hopes
Japanese exports showed a surprise rise in July, reigniting hopes of growth for the world's third largest economy.
August 20, 2014 – BBC News

UK economy grows at fastest annual pace in over six years in second quarter
Britain's economy kept up its strong growth in the second quarter of 2014 and its yearly pace of expansion was revised up to 3.2 percent, its best performance in more than six years, official data showed on Friday.
August 15, 2014 – Reuters

Brazil Economy in June Fell Most in More Than One Year
Brazil's economy in June fell the most in 13 months as retail and industry slumped, indicating a contraction in the second quarter. Swap rates fell.
August 15, 2014 – Bloomberg

German Economy Shrinks for First Time Since 2013
Germany's economy contracted more than economists forecast last quarter and France stagnated, adding to pressure on the euro area as the Ukraine crisis and slowing inflation (ECCPEST) threaten to derail the region's recovery.
August 15, 2014 – Bloomberg

Japan's economy shrinks sharply after sales tax rise
Japan's economy suffered its biggest quarterly contraction since the 2011 quake and tsunami as a sales tax rise slammed the brakes on growth, data showed Wednesday, throwing into question plans for another increase next year.
August 13, 2014 – AFP

China posts record trade surplus, but domestic economy may lag
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
August 8, 2014 – Reuters

Brazil denies any 'stagflation' and forecasts economy with 'reasonable' growth level in 2015
Brazil is far from stagflation, central bank chief Alexandre Tombini said on Tuesday, forecasting the economy will pick up speed and inflation will ease in coming months. In similar terms Economy minister Guido Mantega said the economy should pick up in the second half of the year after a slow start and hit more "reasonable" growth levels in 2015.
August 6, 2014 – MercoPress

Chile Economy Grows at Slowest Pace in More Than Four Years
Chile's economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.
August 5, 2014 – Bloomberg

Alberta's Economy Sizzles. The Rest of Canada's Fizzles
In Canada's economy there's Alberta, then there's everywhere else. The oil- and gas-rich western province added 81,800 jobs over the last 12 months, while the rest of Canada lost 9,500.
July 31, 2014 – Bloomberg

Russia's surprise interest rate rise 'to curb inflation'
Russia's central bank has unexpectedly raised its key bank interest rate over concerns about inflation and "geopolitical tension".
July 29, 2014 – BBC News

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