MADRID – Spain’s government expects the Spanish economy to continue growing next year despite the impact of rising inflation and the war in Ukraine, Finance Minister Nadia Calvino said in …
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(Reuters) – Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the skies after the easing of …
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Goldman Sachs expects over $1.2 billion losses from consumer unit this year – Bloomberg News
by Reuters(Reuters) – Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people …
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BERLIN – Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it …
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DOHA – United Airlines expects fuel prices to stay high in the long-term, its chief executive said on Monday. Scott Kirby, speaking to reporters in Doha, also said that based …
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LIMA – Peru’s economic growth will likely be slightly lower this year, according to a new central bank forecast on Friday following disruptions to major mining projects in the Andean …
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(Reuters) – The deputy head of the State Duma parliamentary committee on information policy, Anton Gorelkin, said on Thursday he expected Google would remain in Russia. Moscow has no intention …
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By Tetsushi Kajimoto and Kantaro Komiya TOKYO -Japanese Prime Minister Fumio Kishida said on Wednesday he expected the Bank of Japan (BOJ) to stick to a 2% inflation target, when …
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LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss inflation rose in May by …
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ABOARD AIR FORCE ONE – The White House expects the next round of economic data to show elevated numbers on inflation, press secretary Karine Jean-Pierre told reporters on Wednesday. Speaking …
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By Asif Shahzad ISLAMABAD – Pakistan GDP growth will slow to 5% for the upcoming fiscal year beginning on July 1, from 5.9% in the outgoing year, following budgetary tightening …
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(Reuters) -Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country’s oil exports and predicted a big jump in profits from energy shipments …
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MILAN – Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from …
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(Reuters) – Industrial conglomerate 3M CO on Wednesday warned of a $300 million hit to revenue in the current quarter as COVID lockdowns in China slam demand and worsen supply …
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By Gopal Sharma KATHMANDU – Nepal’s economy is expected to expand by 5.8% in the current financial year ending mid-July, helped by a pick-up in economic activity following a fall …
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(Reuters) -Ukraine has started receiving Harpoon anti-ship missiles from Denmark and self-propelled howitzers from the United States, arms that will bolster forces fighting Russia’s invasion, Ukrainian Defence Minister Oleksiy Reznikov …
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By Jessica DiNapoli DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning …
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By Dan Burns DAVOS, Switzerland – Republican U.S. Senator Pat Toomey said Monday it is likely Michael Barr will be confirmed as the Federal Reserve’s Wall Street cop, although he …
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CAIRO – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues …
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LONDON – Goldman Sachs said on Friday it now expects around one third of high-yield China property firms to default in 2022, with stresses on bonds increasingly emerging through maturity …
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(Reuters) – J.P. Morgan analysts upgraded the stocks of some Chinese internet companies on Monday and the brokerage expects “significant uncertainties” faced by the sector to abate. China signaled an …
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BEIJING – China’s statistics bureau on Monday said it expects China’s economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production …
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(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a televised news conference. In March, …
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Renault expects first hydrogen utility sales in Germany and Netherlands soon, executive says
by ReutersPARIS – Renault hopes to receive first orders for its hydrogen-powered minibuses and vans from the Netherlands and Germany soon, the head of the company’s light commercial vehicles department told …
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(Reuters) – Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, expects to see more supply chain problems this year, the company’s chief …