African economies likely to rebound 3.4% this year, AfDB says

© Reuters. FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast By Duncan Miriri NAIROBI (Reuters) – African economies are expected to grow by an average of 3.4% this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century. The […]

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Oil set for steady gains as economies shake off pandemic blues: Reuters poll

2/2 © Reuters. FILE PHOTO: The price of gasoline is shown on a gas pump at an Arco gas station in San Diego 2/2 By Sumita Layek and Bharat Gautam (Reuters) – Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming […]

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Euro zone economies’ plucky fourth-quarter belies troubled growth outlook

© Reuters. The spread of the coronavirus disease (COVID-19) in Germany By Paul Carrel and Leigh Thomas BERLIN/PARIS (Reuters) – Growth in Germany and Spain and a smaller-than-expected contraction in France pointed to resilience in the euro zone economy in the final three months of last year, but the bright spot belies a more troubled […]

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Tech savvy, flexible workers boost COVID-hit Nordic economies

2/2 © Reuters. FILE PHOTO: Spread of the coronavirus disease (COVID-19) in Oslo 2/2 By Simon Johnson STOCKHOLM (Reuters) – Helen Balfors, a project leader at Norwegian conglomerate Orkla, has been working from home for longer than most of her colleagues after returning from a skiing trip to Italy in February as the new coronavirus […]

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BOJ Cuts Outlook On All Regional Economies For A Second Quarter

Record Downgrade As part of the Bank of Japan’s quarterly Sakura report this week, the bank downgraded its view of all nine of the country’s regional economies for a second consecutive quarter. This marks the first instance of such a decision in over 11 years and highlights the severity of the negative impact the COVID-19 […]

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