French Economy Posts Upbeat Growths
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France's economy had a growth spurt in the fourth quarter, according to figures published Friday, but its trade balance lurched into deficit in 2004 as the strong euro helped imports outpace exports.
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French conglomerate Bouygues has said that its net profit in the third quarter of the year rose by 42 percent, driven by the strong growth of its construction and roadworks businesses.
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Retailers scored solid sales and factories saw orders pick up, hopeful signs the economy isn't cracking under the pressure of high energy prices.
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PARIS, Nov 30  - The French economy is set for growth in the next two years and unemployment should begin to fall once oil prices ease, the OECD said here Tuesday.
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Britain&#039;s economy has grown by more than previously thought in the first three months of the year, while annual numbers for 2001-2005 were also adjusted upwards, official data showed.
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The French economy surged ahead in the fourth quarter of 2004 but missed the government's growth target, and high oil prices and consumer demand for imports pushed trade into the red for the first time in four years.
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PARIS -- Voters resoundingly endorsed President Nicolas Sarkozy's plans to overhaul the French economy, giving his party a commanding lead yesterday in the first round of elections for parliament.
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European industrial growth showed little signs of slowing last month, according to closely watched surveys on Monday that set the scene for further central bank interest rates rises.
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The Organization for Economic Cooperation and Development (OECD) said Tuesday that the growth in all OECD countries is expected to be steady after the second quarter&#39;s stagnation.
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WASHINGTON - The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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Double-digit revenue growth is the highlight of a good quarter.
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European stock markets made steady gains on Monday, led by advances in the banking and automotive sectors.
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India's economy grows by more than 7% in the first quarter of the financial year - the results are better than expected.
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The company reported strong fiscal second-quarter results and positive trends seem likely to continue to drive healthy growth.
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The British economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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Speedy growth in the eurozone and UK services sectors are making higher interest rates likely.
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Argentina's economy kept up a strong recovery through the end of 2004 with early data Wednesday showing the country's gross domestic product rose 9.2 percent from a year earlier.