Foreign business news
Here are some recent foreign business news stories:
Asia
- Japan's economy contracts for first time in 4 years: Japan's economy shrank by 0.2% in the fourth quarter of 2022, marking the first contraction since 2018. (Source: Reuters)
- China's economy grows at slowest pace in 3 decades: China's economy grew by 3.9% in 2022, the slowest pace in 30 years, due to COVID-19 lockdowns and a property market downturn. (Source: Bloomberg)
- South Korea's Samsung Electronics reports record profits: Samsung Electronics reported a record quarterly profit of 15.8 trillion won ($13.4 billion) in the fourth quarter of 2022, driven by strong demand for memory chips and smartphones. (Source: Yonhap News Agency)
Europe
- UK economy contracts for first time in 2022: The UK economy contracted by 0.2% in the fourth quarter of 2022, marking the first contraction of the year, due to a decline in manufacturing and construction output. (Source: BBC News)
- Germany's economy grows at slowest pace in 2 years: Germany's economy grew by 0.1% in the fourth quarter of 2022, the slowest pace in two years, due to a decline in exports and a rise in inflation. (Source: Deutsche Welle)
- France's TotalEnergies to buy US oil company: French energy company TotalEnergies has agreed to buy US oil company Occidental Petroleum's assets in the Permian Basin for $8.8 billion. (Source: Financial Times)
Americas
- US economy grows at 2.1% annual rate in Q4: The US economy grew at a 2.1% annual rate in the fourth quarter of 2022, driven by strong consumer spending and a rebound in business investment. (Source: CNBC)
- Mexico's economy grows at fastest pace in 2 years: Mexico's economy grew by 3.1% in 2022, the fastest pace in two years, driven by a rebound in manufacturing and a rise in consumer spending. (Source: Bloomberg)
- Brazil's economy contracts for first time in 2 years: Brazil's economy contracted by 0.2% in the fourth quarter of 2022, marking the first contraction in two years, due to a decline in agriculture and a rise in inflation. (Source: Reuters)
Africa
- Nigeria's economy grows at slowest pace in 5 years: Nigeria's economy grew by 2.2% in 2022, the slowest pace in five years, due to a decline in oil production and a rise in inflation. (Source: Bloomberg)
- South Africa's economy contracts for first time in 2022: South Africa's economy contracted by 0.7% in the fourth quarter of 2022, marking the first contraction of the year, due to a decline in mining and manufacturing output. (Source: Reuters)
- Egypt's economy grows at fastest pace in 5 years: Egypt's economy grew by 3.5% in 2022, the fastest pace in five years, driven by a rebound in tourism and a rise in foreign investment. (Source: Bloomberg)
These are just a few examples of recent foreign business news stories. If you're looking for more information or specific news from a particular region or industry, feel free to ask!