FRANKFURT (Reuters) -Euro zone firms remain optimistic about their growth prospects but are also experiencing pressure on their profits, in part due to trade tensions, an ECB survey showed on Monday.
Euro zone growth has been lukewarm in recent years as a long expected recovery has proved elusive but businesses continue to maintain high employment levels as they remain confident of an upturn ahead.
A net 8% of firms reported an increase in... (continue reading...)
JINJA, Uganda (Reuters) -Wearing floor-length dresses and wrap-around skirts, the group of elderly women giggle and tease each other as they jog in pairs, hand in hand, across a playing field in Kivubuka, a village in eastern Uganda.
The exercise class is part of a project aimed at reducing increasing rates of noncommunicable diseases such as hypertension, diabetes and heart disease and has attracted more than 1,000 people since it began five years ago.
... (continue reading...)By Rae Wee and Vidya Ranganathan
SINGAPORE (Reuters) -A weekend election in Japan has made real the prospect of bigger government spending and deficits in the world's most indebted developed nation, although for now foreign investors and a growing economy could keep its bond yields from spiking sharply.
Japan's upper house election on Sunday dealt a big blow to the ruling coalition and Prime Minister Shigeru Ishiba ahead of a looming tariff... (continue reading...)
BEIJING (Reuters) -China's foreign ministry said on Monday that Chenyue Mao, the Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the investigation.
Chinese law enforcement authorities have restricted Mao's exit in accordance with the law, Guo Jiakun, a spokesperson for the ministry, told a regular press briefing.
The U.S. bank had suspended all travel to China... (continue reading...)
(Reuters) -European shares were subdued early in the session on Monday as investors assessed a mixed bag of corporate earnings while awaiting a potential trade deal between the United States and the European Union.
The pan-European STOXX 600 index was down 0.01% at 546.97 points, as of 0719 GMT.
U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident that Washington can secure a trade deal with the EU, but August 1 is a hard... (continue reading...)
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