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Retail sales exceed forecasts, underscoring solid 2024 economic growth

CFO Dive

Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.

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Weak retail sales, manufacturing signal cooling economy

CFO Dive

The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.

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Ethiopia: A Stock Market Relaunch Heralds Economic Transformation

Global Finance

For Prime Minister Abiy Ahmed, ringing the bell to mark the opening of ESX was a momentous occasion and another feather in his philosophy of economic liberalization. The post Ethiopia: A Stock Market Relaunch Heralds Economic Transformation appeared first on Global Finance Magazine. So far, ESX has one listing, by Wegagen Bank.

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ASOS names second interim CFO amid turnaround plans

CFO Dive

Online fashion retailer ASOS swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.

Planning 261
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Saudi Arabia’s IPO Boom Reshapes Its Market Dynamics

Global Finance

Since the launch of Vision 2030 nine years ago, Saudi Arabia has made significant strides in economic diversification, fostering a more attractive environment for global investors. Moreover, the IPO landscape is no longer oil-centric, with fintech, healthcare, and retail companies successfully listingindicating broader investor appetite.

Marketing 105
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Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend

PYMNTS

1) after the first major data report of the fourth quarter showed a continuation of America’s recent economic woes. New figures from the Bureau of Economic Analysis showed that personal income fell 2.7 It’s a quandary, experts say, that will partly depend on retailers’ efforts meeting customers where and how they want to shop.

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Davivienda Considers Assets Of Scotiabank In Colombia

Global Finance

After Thomson’s end of year speech, there were talks with several financial institutions with Davivienda’s considered the best offer, according to economics publication Primera Página. It is believed that Scotia is negotiating the sale of its retail business to Davivienda, which has 24.3 We have seen some,” says Suárez.

Banking 98