Yellen says expects rents, biggest contributor to inflation, to move down this year
MILWAUKEE (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she expects the cost of rental housing – the single largest contributor to inflation – to move lower this year as…
OECD expects Mexico economy to rebound by 3rd-qtr, growing in 2023
MEXICO CITY -Economic growth in Mexico is expected to return to pre-pandemic levels by the third quarter this year, the Organisation for Economic Cooperation and Development (OECD) said on Monday. “Exports will…
Morgan Stanley expects Fed to hike rates 6 times in 2022
– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster increase than previously predicted, according to a…
Ryanair expects summer air fares to be higher than in 2019
LISBON -Ryanair expects average air fares during this year’s summer peak season to be significantly higher than pre-COVID ticket prices in the same period in 2019, Group Chief Executive Michael O’Leary said…
German Finance Minister expects G20 to address international financial stability
BERLIN – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in the final…
Volkswagen expects chip shortage to ease later in 2022
BERLIN – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year,…
Unilever expects new Ben & Jerry’s ‘arrangement’ for Israel by year-end
By Richa Naidu and Ross Kerber LONDON/BOSTON – The board of Ben & Jerry’s aims to work out a “new arrangement” for sales in Israel before the end of the year, Unilever…
CVS expects 70%-80% drop in COVID vaccine administration in 2022
– CVS Health Corp said on Wednesday it expects to administer 70% to 80% fewer COVID-19 vaccines in 2022 compared with last year, adding that in-store diagnostic testing could fall 40% to…
Bosch CEO expects chip shortage to ease significantly in second half
BERLIN – Bosch CEO Stefan Hartung expects the chip shortage to lessen significantly in the second half of this year, he said at a press conference on Thursday, adding he hoped businesses…
Porsche expects another record year for sales despite chip shortage – Automobilwoche
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When I look…
Credit Suisse expects 50 bps cut in China’s first-half reserve requirement ratio
– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting to ease…
Dow expects strong first-quarter sales on higher prices
By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as supplies remained…
Hainan Airlines expects to return to net profit for 2021
BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to report a…
easyJet expects summer take-off after short-term Omicron hit
By Paul Sandle LONDON -Britain’s easyJet said the easing of travel restrictions had spurred demand for summer beach destinations such as Greece, Turkey and Spain, giving the airline cause for optimism after…
Spain’s Sabadell expects to hit profitability target a year early
By Jesús Aguado MADRID -Spain’s Banco Sabadell expects to hit its 6% profitability target a year early, it said on Thursday after posting better than forecast quarterly and annual profit on the…
Bloomsbury expects strong annual profit, revenue
– Harry Potter publisher Bloomsbury forecast annual profit and revenue ahead of current market expecations on Wednesday, led by strong sales at its consumer book division that sells children’s and adult titles.…
N95 Mask Manufacturer 3M’s Sales Explode After Omicron Surge, Expects Further Profits Following CDC Shoutout
A major N95 mask manufacturer saw a rise in sales during the Omicron variant surge and expects to profit further from new guidance issued by the Centers for Disease Control and Prevention…
Verizon beats quarterly subscriber addition estimates, expects strong 2022
-Verizon Communications Inc said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator’s rapid deployment of its 5G services…
ECB’s Rehn expects euro zone inflation of around 2% in next two years -Handelsblatt
BERLIN – The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank’s price stability target of 2%…
Rashida Tlaib is $70,000 in debt and expects us to take her seriously as a Congresswoman
Rashida Tlaib is now a Congresswoman earning $174,000 per year, gets free medical benefits, an allowance. and still hasn’t been able to pay her student debt. Tlaib said she put herself into…
Jeff Fortenberry Announces In Bizarre Video That He Expects The FBI To Charge Him With A Crime
Republican Rep. Jeff Fortenberry of Nebraska said Tuesday that he expects to be indicted over lying to the FBI about a campaign finance violation, but that the allegations are not true and…
IMF Expects Less Economic Growth From US Amid Supply Chain Chaos
The International Monetary Fund cut its global growth forecast for 2021 on Tuesday, citing supply chain disruptions and pandemic-related health concerns. In the International Monetary Fund’s (IMF) World Economic Outlook report, released Tuesday, the…
New Jersey health commissioner expects COVID-19 uptick between Thanksgiving and Christmas
TRENTON, NJ – Dr. Fauci has reversed course on his statement about Christmas gatherings this year, but New Jersey Health Commissioner Judith Persichilli has not. On Friday, as New Jersey is winding…
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