BERLIN (Reuters) - Germany's long-awaited economic recovery is not materialising and the euro zone's largest economy will only stagnate this year, the German chambers of commerce and industry (DIHK) said on Thursday.
Nevertheless, the forecast was more optimistic than at the start of the year, when the DIHK expected a 0.5% contraction.
The DIHK expects private consumption to support the economy this year, growing by 1.0%, as inflation... (continue reading...)
By Pratima Desai
LONDON (Reuters) - China plans to buy up to 15,000 metric tons of cobalt metal from local Chinese producers over the next few months for domestic stockpiles, three sources familiar with the matter told Reuters, adding that it would be a record amount for a single purchase.
The planned purchase would be a big increase as industry sources say China's state stockpiler - the National Food and Strategic Reserves Administration... (continue reading...)
By Lisa Barrington
SEOUL (Reuters) - Chinese planemaker COMAC is eyeing Saudi Arabia as a launch pad for its international ambitions, as the state-owned company steps up efforts to sell overseas and break into a passenger jet market dominated by Western manufacturers.
Chairman Dongfeng He visited Saudi Arabia for the first time this week, having welcomed a Saudi delegation to the company's Shanghai facilities in February, amid warming... (continue reading...)
By Nellie Peyton and Nqobile Dludla
QUNU, South Africa (Reuters) - In Nelson Mandela's hometown of Qunu there has been no running water since 2016, jobs are scarce and crime is on the rise as unemployed young men and women while away their days drinking beer.
Support for the ruling African National Congress remains strong among older voters here ahead of South Africa's elections on May 29, but cracks are showing among those too young to... (continue reading...)
By Orathai Sriring and Kitiphong Thaichareon
BANGKOK (Reuters) - Thailand's exports returned to growth in April, and at a much faster pace than analysts' expectations, and the commerce ministry said on Thursday shipments were expected to eke out a small gain in the second quarter.
Customs-based exports rose 6.8% in April from a year earlier, beating a forecast for a 0.35% increase in a Reuters poll, and compared with March's 10.9%... (continue reading...)
More Reuters
View Older Stories-
Growth across UK business dips in May, in early blow to Sunak, PMI survey shows
-
World Court to rule on Friday on measures over Israel's Rafah offensive
-
Trump says Putin will release WSJ reporter Gershkovich for him
-
Israeli forces kill dozens of Palestinians as they push deeper in Gaza's north and south
-
Euro zone May business growth at year high, PMI shows
-
Muslim majority Kosovo considers same-sex unions amid fierce opposition
-
UAE economy grew 4.3% in fourth quarter of 2023
-
Ahold Delhaize bets on AI and digital to boost earnings and savings
-
Israel to reprimand Irish, Norwegian, Spanish envoys over Palestine move
-
German business activity grows for second straight month in May, PMI shows
-
European shares rise as chipmakers bounce on Nvidia forecast
-
French private sector activity unexpectedly contracts in May, PMI shows
-
Russia detains fourth top defence figure for bribe-taking
-
China's food security dream faces land, soil and water woes
-
Europe's battered Green movement tries to salvage climate agenda
-
Nvidia shares scale new peak in Frankfurt after strong forecast
-
South Korea, China, Japan to hold first summit in four years on May 26-27
-
Norway to block entry for most Russian tourists
-
India May business growth robust as exports rise at record pace, PMI shows
-
Thai court accepts complaint seeking PM's removal over cabinet appointment
-
Thai court accepts complaint seeking PM's removal over minister's appointment
-
Thai court accepts complaint seeking PM's removal over cabinet appointment
-
Thai court accepts complaint seeking PM's removal over cabinet appointment
-
ASML, Eindhoven Tech University to invest $195 million in partnership
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
-
Rishi Sunak and Keir Starmer hit campaign trail as UK election race begins
-
Singapore April core inflation at 3.1% y/y, matching forecasts
-
Australian woman faces first hearing ahead of mushroom deaths trial
-
Australian trial of gene-edited wheat aims for 10% bigger yields
-
Morning Bid: PMIs to lead as central banks wait on rates
-
China’s Lenovo extends revenue growth streak, beats expectations
-
Key quotes about China's military drills around Taiwan
-
Nine killed in Mexico stage collapse at campaign event
-
Exclusive-Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad
-
Chinese military practiced Taiwan invasion manoeuvres in 2023, says US general
-
South Korea unveils $19 billion package to compete in global chip 'warfare'
-
TSMC sees annual sales growth to reach 10% in semiconductor industry
-
Fire extinguished at Sims' Redwood City metal recycling plant in California
-
New Zealand Finance Minister says government deficit set to widen in 2024-25
-
Argentina's Milei belts out heavy metal at book launch