growth
The 13-nation eurozone economy lost pace in the first quarter when it expanded by 3.0 percent over 12 months, the EU's Eurostat data agency said on Friday, trimming back a first estimate.
Australia's economy expanded 1.6 percent in the March quarter, posting its strongest growth in three years and sending the Australian dollar to a 17-year high, official data released Wednesday showed.
Australia's economic growth surged 1.6 percent in the March quarter, sending the Australian dollar to a 17-year high and raising the prospect of a pre-election rate hike, analysts said Wednesday.
WASHINGTON - The White House on Wednesday trimmed its US economic growth forecast for 2007 to 2.3 percent, while saying the slow pace of activity early this year would pick up as the year progresses.
The Hungarian economy showed signs on Friday of sharp slowing in response to austerity measures to prepare for entry into the eurozone.
Dubai School of Government (DSG) will organise a course on ‘Growth, Globalisation and the Gulf’ as part of its second Executive Education Programme offered in partnership with Harvard University’s John F. Kennedy School of Government.
Japan's economy grew at an annualised pace of 3.3 percent in the first quarter, much faster than previously thought as firms raised capital spending on new plant and equipment, the government said Monday.
The International Monetary Fund on Friday cut its forecast for US economic growth to 2.0 percent for 2007 and said the world's biggest economy was "uncomfortably close" to "stall speed."
The US economy appears to be emerging from a period of sluggish growth but is "uncomfortably close" to the "stall speed" associated with past recessions, the International Monetary Fund said Friday.
Trading a motorcycle for a car in India has long been too expensive for many, but manufacturers plan to offer models at 3,000 dollars or less to attract new buyers, analysts say.
In the first half of 2007, Standard Chartered, a leading international bank and one of the main players in the UAE, grew its Wholesale Banking income in the Middle East and South Asia (MESA) region to $323 million and operating profit to $182 million, a 32 per cent increase.