Argentina government expects economic rebound, inflation slowdown in 2024
BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by …
expects
GM expects to be forced to idle Kansas auto plant next week
(Reuters) – General Motors said on Friday it expects to be forced to idle operations at its Kansas assembly plant next week after the United …
Citigroup now expects Fed to hike interest rate in November
(Reuters) -Citigroup now expects the U.S. Federal Reserve to raise its key interest rate by 25 basis points (bps) in November, compared with its previous …
J.P.Morgan expects no further Fed interest rate hikes this cycle
(Reuters) – J.P.Morgan Asset Management said on Wednesday it expects no further interest rate hikes from the U.S. Federal Reserve in this cycle, after crucial …
BofA Global Research expects hit to U.S. GDP growth from auto workers’ strike
(Reuters) – BofA Global Research warned a full strike by United Auto Workers (UAW) would likely have an about 0.1 to 0.2 percentage points impact …
DoubleLine’s Gundlach expects Fed rate cuts in first half of 2024
(Reuters) – DoubleLine Capital CEO Jeff Gundlach expects the U.S. Federal Reserve to cut benchmark rates in the first half of 2024 after an aggressive …
Brazil government expects rates to fall by at least 50 bps -minister
BRASILIA (Reuters) – The Brazilian government expects cuts of at least 50 basis points in the central bank’s benchmark interest rate over the remaining three …
Wells Fargo CFO expects more layoffs ahead
By Nupur Anand NEW YORK (Reuters) – Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike …
Tesla suppliers say carmaker expects 2026 or 2027 Mexico production start, Reforma reports
MEXICO CITY (Reuters) – Tesla is eyeing 2026 or 2027 to potentially begin production at a major new factory planned for Mexico, according to a …
Pentagon expects to release its annual China report in mid-October
WASHINGTON (Reuters) – The Pentagon expects to release its closely-watched annual report on China’s military modernization and defense strategy in mid-October, although the timing could …
Opel expects to offer electric vehicle for around 25,000 euros by 2026
MUNICH (Reuters) – Stellantis-owned carmaker Opel will be able to offer an electric vehicle at a price of about 25,000 euros ($26,967) without incentives from …
Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said …
BMW expects higher China sales in 2023, finance chief says
By Christina Amann MUNICH (Reuters) – BMW expects to sell more cars in China this year despite a local price war in the electric vehicle …
Russian finance minister expects 2023 GDP to grow by 2.5% or more – agencies
MOSCOW (Reuters) – Russia’s economy is set to grow by 2.5% or more in 2023, while inflation is expected to be around 6%, Finance Minister …
As CDC Expects Surge in NJ COVID-19 Cases, New Jerseyans Fear Murphy Reaction
TRENTON, NJ – The Centers for Disease Control has announced a grim forecast. COVID-19 could surge again this fall, and in New Jersey, residents are …
J.P.Morgan now expects ECB to pause, not raise, rates in September
(Reuters) – J.P.Morgan said on Wednesday it now expects the European Central Bank to pause its tightening cycle in September as euro zone business activity …
Stifel’s Bannister expects little change for S&P 500 through year end
By Lewis Krauskopf NEW YORK (Reuters) – After a “relief rally” in the first half of 2023, the S&P 500 is set to remain largely …
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 …
Zelenskiy expects Russia to resume attacks on Ukraine’s power grid
KYIV (Reuters) – President Volodymyr Zelenskiy said on Sunday that he expects Russia to resume its attacks on Ukraine’s energy system once cold weather returns …
Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday he expects the basic interest rate to fall to “at least” 12% by year-end, …
Australia expects unemployment rate to rise as global economy slows
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on …
IMF’s Georgieva expects global growth around 3% for next five years
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that the IMF expects global growth around 3% annually for the next …
Deutsche Bank expects 50-bps Bank of England August rate hike
LONDON (Reuters) – Deutsche Bank said on Tuesday it now expects the Bank of England to raise interest rates by half a percentage point at …
Delta Air expects full-year profit at higher end of forecast
(Reuters) – Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior forecast on sustained travel demand. …
Surf Air Mobility expects NYSE debut on July 11
(Reuters) – Electric aviation and regional air travel company Surf Air Mobility said on Thursday it expects the company’s shares to start trading on July …
Powell says he expects dollar to remain global reserve currency
(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve currency as long as democratic …
Wells Fargo CFO expects upside in net interest income
NEW YORK (Reuters) – Wells Fargo & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike Santomassimo said on Tuesday. …
JPMorgan expects Turkey central bank to lift rates to 25% on June 22
LONDON (Reuters) – JPMorgan said on Monday it expects Turkey’s central bank to hike interest rates to 25% from the current 8.5% at its June …
Morgan Stanley expects trading, investment banking results to weaken
NEW YORK (Reuters) – Morgan Stanley expects to its revenue from trading and investment banking to slump in the second quarter given a more challenging …
Biden expects debt ceiling bill on his desk by June 5 – White House
WASHINGTON (Reuters) – President Joe Biden expects to have the debt ceiling bill on his desk by June 5, before the U.S. runs out of …
Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it would be quite surprising …
Singapore’s DBS expects yearly earnings to beat $7.5 billion in medium term
By Navya Mittal and Yantoultra Ngui (Reuters) – Singapore’s biggest bank DBS Group on Monday said it expects to lift annual earnings to more than …
Micron expects Chinese ban to affect revenue up to high-single digits
(Reuters) – Micron Technology Inc expects China’s ban on company’s infrastructure chips to impact revenue in the low-single to high-single digit percentage, the company said …
BlackBerry expects up to 54% revenue growth in 2026, shares rise
(Reuters) – BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the back of growth in its …
Biden expects to meet lawmakers Tuesday for debt talks, says he is optimistic
REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for talks on a plan …
Yellen expects US regulators to be open to mergers among midsize banks
By Andrea Shalal NIIGATA, Japan (Reuters) – The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration …
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
(Reuters) – JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa’s 2023 gross domestic product versus a …
Macquarie expects $1 billion from sale of U.S. port terminal operator Ceres – WSJ
(Reuters) – Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street …
Wells Fargo CEO says regional banks are strong, but expects turmoil
By Carolina Mandl and Svea Herbst-Bayliss BEVERLY HILLS, California (Reuters) – Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is …
French government minister: expects food price inflation to ease off by September
PARIS (Reuters) – Food price inflation in France – which has been a major concern for consumers – should ease off by September, said government …
Germany expects deficit of 4.25%/GDP in 2023 – fin min
BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from a 2.6% deficit the previous …
Mexico’s Volaris expects to operate under top safety rating in Q4 – CEO
MEXICO CITY (Reuters) – Mexican airline Volaris expects to operate under the U.S. Category 1 aviation safety rating in the fourth quarter, which would allow …
Exclusive-Lilly expects US Medicare to reverse course, fully cover Alzheimer’s drugs
By Deena Beasley and Julie Steenhuysen (Reuters) – Eli Lilly and Co expects the U.S. Medicare health plan to back down from strict coverage limits …
Exclusive-Kenya expects $1.2 billion Q2 financing boost, seeks fresh IMF funds
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is …
UniCredit CEO expects ECB to take ‘balanced approach’ on rate hikes
MILAN (Reuters) – The head of Italy’s UniCredit expects the European Central Bank (ECB) to take a ‘balanced approach’ on interest rate hikes, acting on …
Denver Expects To Spend Tens Of Millions On Illegal Immigrants
Denver Expects To Spend Tens Of Millions On Illegal Immigrants Jennie Taer on April 4, 2023 The city of Denver, Colorado, is expected to spend …
Sri Lanka expects to finalise a domestic debt rework by May
By Jorgelina do Rosario and Uditha Jayasinghe LONDON/COLOMBO (Reuters) – Sri Lanka will kick off a debt rework of part of its domestic debt next …
German court expects conviction for former Audi boss in diesel scandal
MUNICH (Reuters) – Former Audi boss Rupert Stadler is likely to become the first top executive to be convicted in the diesel emissions scandal, with …
Republic First Bancorp expects to file annual report after deadline
(Reuters) – Republic First Bancorp Inc said on Friday it expects to file its annual report with the U.S. Securities and Exchange Commission by May …
Ford Expects It Will Hemorrhage Billions From Its Electric Vehicle Business
Major Automaker Expects It Will Hemorrhage Billions From Its Electric Vehicle Business John Hugh DeMastri on March 23, 2023 Ford expects to lose $3 billion …