By Qiaoyi Li and Ryan Woo BEIJING (Reuters) – China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in[...]
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August 27, 2024
Water profiteers thrive in Sicily as drought intensifies
By Andrea Mandala CALTANISSETTA, Italy (Reuters) – A drought on the Italian island of Sicily has become so severe that many residents of the city of Caltanissetta have been without running water[...]
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German economy shrank by 0.1% in Q2, statistics office confirms
BERLIN (Reuters) -The German economy shrank by 0.1% in the second quarter of 2024 compared with the previous three-month period, the statistics office reported on Tuesday, confirming preliminary data.[...]
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Foreign investors ditch India’s pricey stocks, opt for new issues
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) -Foreign investors are unloading their holdings of expensive Indian stocks and turning instead to new listings in primary markets as they seek ch[...]
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Job concerns weigh on German consumer sentiment in September, finds GfK
BERLIN (Reuters) – German consumer sentiment is set to tumble going into September as slightly rising unemployment, job cuts and insolvency’s drive down income expectations, pushing back h[...]
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Morning Bid: Rate-cut relief doused by geopolitics
A look at the day ahead in European and global markets from Ankur Banerjee Optimism over looming U.S. interest rate cuts have been tempered by nervousness over what economic data will show in the comi[...]
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