Irish Q4 GDP shrinks 0.7% q/q – preliminary estimate
DUBLIN (Reuters) – Irish gross domestic product contracted by 0.7% quarter-on-quarter between October and December and stood 3.4% lower than a year ago, according to …
estimate
KLA forecasts third-quarter revenue below Street estimate on weak demand
(Reuters) -Chipmaking tools manufacturer KLA Corp forecast third-quarter revenue below Wall Street estimates on Thursday, signaling sluggish demand in the electronics segment. Shares of the …
Canada December factory sales most likely fell 0.6% -Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.6% in December from November, largely due to decreases in the transportation equipment and chemical product …
Crown Castle beats annual site rental revenue estimate on steady demand
(Reuters) – Wireless tower operator Crown Castle beat Wall Street estimates for annual site rental revenue on Wednesday, driven by steady demand for its communications …
Panama lowers 2024 economic growth estimate to about 2.5%
PANAMA CITY (Reuters) – Panama’s economic growth next year is now estimated at about 2.5%, down “in light of new scenarios,” Economy and Finance Minister …
Renault capital hit from partial Nissan stake sale lower than initial estimate
PARIS (Reuters) – The capital loss resulting from Renault’s disposal of a first chunk of its stake in Nissan will amount to around 1 billion …
Nearly a fifth of Gaza’s buildings destroyed or damaged: UN estimate
GENEVA (Reuters) – Nearly 40,000 buildings or about 18% of all pre-conflict structures have been damaged or destroyed in the Gaza Strip since the conflict …
Brazil’s government trims 2023 GDP growth estimate
BRASILIA (Reuters) – Brazil’s Finance Ministry lowered its forecast for the country’s economic growth for this year and 2024, a report by its economic policy …
Third-quarter US earnings estimate improves slightly -LSEG
NEW YORK (Reuters) – The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results. …
Rio Tinto cuts Canada iron ore production estimate on extended plant outage
By Rishav Chatterjee (Reuters) -Rio Tinto reported a rise in quarterly output across its copper and aluminium portfolios on Tuesday, sending its shares 3% higher, …
IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%
(Reuters) – The International Monetary Fund raised its 2023 output growth estimate for Latin America and the Caribbean to 2.3% from July’s 1.9% due to …
French manufacturing downturn steeper than initial estimate in August – PMI
PARIS (Reuters) – France’s manufacturing sector contracted for the seventh month in a row and at a slightly sharper pace than initially forecast in August, …
Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate
OTTAWA (Reuters) – Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor …
JPMorgan raises US economic growth estimate, no longer expects 2023 recession
(Reuters) – JPMorgan’s chief economist said on Friday the bank is no longer forecasting a U.S. recession this year and has raised its economic growth …
Bolivia hikes lithium resources estimate to 23 million tons
By Daniel Ramos LA PAZ (Reuters) -Bolivia’s lithium resources are now estimated at 23 million metric tons, its president said on Thursday after government studies …
South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data showed on Friday, matching its …
Canada April factory sales most likely down 0.2% – Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and primary metal industries, Statistics Canada …
Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin …
Brazil’s government hikes estimate for 2023 budget deficit
BRASILIA (Reuters) – Brazil’s finance ministry forecast a primary budget deficit of 136.2 billion reais ($27.22 billion) this year, compared to 107.6 billion reais projected …
U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable
WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations as early as June 1 …
Daimler Truck Q1 operating profit beats estimate
FRANKFURT (Reuters) – Daimler Truck on Monday said its first-quarter results came in above market expectations, boosted by what it said was strong demand and …
Japan carrier ANA Holdings raises profit estimate on cheaper fuel, yen rise
TOKYO (Reuters) – Japan’s largest airline ANA Holdings Inc on Friday raised its profit estimate for the just-ended fiscal year, citing a decline in fuel …
Huntington Bancshares beats profit estimate on interest boost
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from higher interest rates offset a …
Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate
SANTIAGO (Reuters) – Chile’s central bank on Wednesday improved its expectations for the country’s economic growth this year but lowered estimates for 2024 as high …
U.S. Social Security fund seen depleted 2033, year earlier than previous estimate
WASHINGTON (Reuters) – The U.S. Social Security system’s main trust fund’s reserves will be depleted in 2033, one year earlier than estimated last year, while …
Spain’s GDP expands 5.5% in 2022 in line with preliminary estimate
(Reuters) – Spain’s gross domestic product grew by 5.5% in 2022, official data showed on Friday, confirming a preliminary estimate released in January. Spanish GDP …
Yellen: FDIC estimate of $2.5 billion loss related to Signature Bank is not final determination
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Thursday the U.S. Federal Deposit Insurance Corporation’s (FDIC) estimation of a $2.5 billion loss related to …
South Korea revised Q4 GDP -0.4% q/q, matching earlier estimate
SEOUL (Reuters) – South Korea’s economy contracted 0.4% in the fourth quarter from a quarter earlier, revised central bank data showed on Tuesday, matching its …
Irish inflation ticks back up to 8% in February – flash estimate
DUBLIN (Reuters) – Annual Irish inflation ticked back up to 8% in February from 7.5% a month earlier, according to a flash estimate of the …
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to 2.9% from 3.0%, according to …
Canadian housing starts dip 0.2% in November; beat estimate
TORONTO (Reuters) – Canadian housing starts edged lower in November compared with the previous month as a drop in single-detached urban starts offset groundbreaking in …
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed …
Mexican economy likely grew 5% in October y/y, estimate shows
(Reuters) – Mexico’s economy likely grew by 5.0% in October compared with the same month a year earlier, a preliminary estimate from national statistics agency …
Canada Sept factory sales most likely fell 0.5% – Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.5% in September from August, largely driven by decreases in the transportation equipment and petroleum and …
Goldman hikes third-quarter GDP growth estimate to 1.9%
By Stephen Culp NEW YORK (Reuters) – Goldman Sachs boosted its third-quarter GDP growth estimate by a full percentage point, to 1.9% from 0.9%, on …
German services sector weakens in Sept slightly more than initial estimate -PMI
BERLIN (Reuters) – Germany’s services sector shrank in September slightly more than initially expected as inflation and growing uncertainty hit demand, a survey showed on …
Colombia central bank hikes borrowing costs to 10%, raises 2022 GDP estimate
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank board raised the benchmark interest rate by 100 basis points to 10% on …
JPMorgan cuts China’s 2022 growth estimate to 3.0% from 3.2%
LONDON (Reuters) – JPMorgan on Friday cut its forecast for China’s economic growth for this year and next, against a backdrop of prolonged weakness in …
S.Korea revised Q2 GDP rises 0.7% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the second quarter by a seasonally adjusted 0.7% from the previous quarter, revised central bank data showed …
Canada July wholesale trade most likely fell 0.6% – Statscan flash estimate
OTTAWA (Reuters) – Canadian wholesale trade mostly likely fell 0.6% in July from June, largely driven by lower sales of motor vehicles and motor vehicle …
Honduras’ cenbank expects inflation to reach 10.30% in 2022, up from previous estimate of 6.19%
TEGUCIGALPA – Honduras’ central bank said in a publication on Thursday that it expects annual inflation for 2022 to reach 10.30% by the year’s close, …
Amid Looming Crisis, 900 Days Pass Without a Cost Estimate for the Energy Master Plan
New Jersey continues to refuse to release EMP cost analysis; BPU leans on sham studies to delay and obscure the findings from the public TRENTON, …
War has killed 1.5% of Syria’s population: U.N. estimate
By Emma Farge GENEVA – The U.N. human rights office said on Tuesday that 306,887 civilians had been killed in Syria during the conflict since …
IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%
NEW YORK – The Institute of International Finance slashed its 2022 growth outlook for global output in half, citing the economic effects of Russia’s invasion …
Canada wholesale trade likely up 3.9% in January – Statscan flash estimate
OTTAWA – Canadian wholesale trade was most up 3.9% in January from December, on higher sales in building material and supplies, along with machinery equipment …
Canada January factory sales likely up 1.3% – Statscan flash estimate
OTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, …