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August 1, 2024

US nonfarm productivity rises 2.3% in Q2, beating estimates

ISTANBUL: US nonfarm business sector labor productivity rose 2.3% in the second quarter, beating estimates, according to Bureau of Labor Statistics figures released Thursday.

The figure, which measures the change in labor efficiency when producing go…

Brazil’s central bank keeps interest rate unchanged at 10.50%

ISTANBUL: Brazil’s central bank announced late Wednesday that it kept its benchmark interest rate unchanged at 10.50%.

“The global environment remains adverse because of the uncertainty about the effects and extension of the easing cycle in the Unite…