World economy back at pre-pandemic level: Data firm

PARIS (AFP) – The global economy has surpassed its pre-pandemic peak, data survey firm IHS Markit said Monday (June 21), as the recovery accelerates thanks to vaccination and the end of pandemic-related restrictions. IHS Markit, which conducts monthly surveys of…

UK economic growth accelerated in April as lockdown rules eased

LONDON (BLOOMBERG) – The British economy gathered momentum in April as shops, hairdressers and restaurants serving outdoors reopened for business after months of lockdown to fight the coronavirus. Gross domestic product (GDP) rose 2.3 per cent from March, despite unexpected declines…

Australia's GDP exceeds estimates, recouping pandemic losses

SYDNEY (BLOOMBERG) – Australia’s economy expanded faster than economists forecast in the first three months of the year, driven by the private sector as firms boosted investment and households tapped their pandemic savings war chest. Gross domestic product advanced 1.8…