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France economy bounces back in third quarter

Economic activity in France bounced back strongly in the third quarter following the lifting of the coronavirus lockdown, data showed on Friday, but the government still expects Europe's second-biggest economy to remain deep in recession for the year as a whole. French gross domestic...

US economy notches record growth in third quarter

The US economy grew at an unrivaled pace in the third quarter as the government poured out more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal. Gross domestic product rebounded at a...

Global economic rebound at risk from rising coronavirus cases

There is a high risk the resurgence in coronavirus cases halts the global economic recovery by year-end, according to Reuters polls of around 500 economists, a majority of whom expected the rebound next year to be weaker than previously thought. Governments and central banks around the...