TOKYO (Reuters) – Japanese retail sales fell 2.6% in December from a year earlier, compared with a median market forecast for a 1.8% decline, government data showed on Friday.
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the longest economic expansion in history on track despite weak business investment. While other data on Thursday showed worker productivity rebounding in the fourth quarter, […]
By Samia Nakhoul and Tom Perry BEIRUT (Reuters) – The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund (IMF) or risk economic implosion and further turmoil, economists, diplomats and politicians said. Privately, some government officials acknowledge that an IMF bailout is the most logical solution to Lebanon’s […]
By Kirsti Knolle VIENNA (Reuters) – Austria will spend up to 38 billion euros ($42 billion) to secure jobs and keep companies afloat, Chancellor Sebastian Kurz said on Wednesday, joining other European countries providing more funds to limit the impact of the coronavirus pandemic. Roughly 1,650 people in Austria have been infected and four have […]
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