Tag: growth
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HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
Sept 30 : Hewlett Packard Enterprise on Wednesday raised its long-term revenue growth forecast for its networking business, driven by the AI boom and announced a $1.2 billion order to provide AMD server racks to cloud firm Vultr.Shares of HPE rose nearly 6 per cent in premarket trading, as the company hosted
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China unveils rate cut, mortgage subsidies to spur growth
BEIJING: China unveiled measures on Tuesday (Sep 29) designed to steer cheaper credit into a range of sectors including infrastructure and technology, as well as expanding support for home buyers, in a fresh bid to shore up its slowing economy.The measures were announced a day after the cabinet pledged to ste
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Ladbrokes owner Entain warns Brazil’s online betting ban could hit 2026 online gaming growth
Sept 28 : Ladbrokes owner Entain warned on Monday that its 2026 online net gaming revenue growth (NGR) would take a hit if Brazil’s ban on online sports betting and gaming is upheld for the rest of the year.Brazilian President Luiz Inacio Lula da Silva announced a ban on online betting operations last week, l
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Thai finance minister sees 2.5% growth next year on investment-led policies
BANGKOK, Sept 25 : Thailand’s economy is expected to retain its momentum and grow by 2.5 per cent next year and could reach 3 per cent expansion within the next three years, the finance minister said on Friday, as the government pushes for new investments into key sectors. Ekniti Nitithanprapas told Reuter
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German economy: Is there a silver lining on the horizon?
Germany’s economy is growing again, but recovery remains on shaky ground. High government spending is keeping the economy afloat, while energy prices, a shortage of skilled workers and debt continue to weigh on it.
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Germany: Economic institutes double growth forecast for 2026
Experts predict German GDP will double to 1.3% this year but warn of structural difficulties ahead. The picture is complicated, they say, especially because of uncertainty in the energy sector.
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German economic growth forecast doubles for 2026
German research institutes have increased their prognosis for the country’s economic growth to 1.3% in 2026
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OECD says growth ‘resilient’ in 2026 despite Middle East war
The OECD group of industrialized nations put its 2026 growth forecast at 2.9%. It said investment in AI was helping drive growth, while the war in the Middle East was fueling inflation.
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Thai monetary policy ‘very, very accommodative’, no change to growth outlook, central bank official says
BANGKOK, Sept 17 : The Thai central bank’s monetary policy is “very, very accommodative” right now to support a weak economy, with growth expected to exceed 3 per cent in the current quarter and hit around 2 per cent in the last quarter of 2026, an assistant governor said on Thursday.In an interview with Reu
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Tech boom powers China’s factories but economic imbalances deepen as consumption slows
BEIJING: China’s industrial sector showed renewed strength in August as the AI-driven tech boom fuelled factory output, though sluggish consumption and a worsening investment slump reinforced concerns over deepening economic imbalances.Tuesday’s (Sep 15) data highlighted a familiar fault line in the world’s s
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