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…
Goldman Sachs no longer expects recession in euro zone in 2023
(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with its previous forecast of a contraction, thanks to a fall in natural…
GE HealthCare expects 5%-7% organic revenue growth in 2023 on strong demand
(Reuters) -GE HealthCare Technologies Inc expects organic revenue growth for 2023 to be in the range of 5% to 7% on robust customer demand, the company said on Tuesday, even as inflation…
Ukraine expects EU to include Russia’s Rosatom in next sanctions
By Pavel Polityuk KYIV (Reuters) – Kyiv expects the European Union to include Russian state nuclear energy company Rosatom in its next round of sanctions over the war in Ukraine, Prime Minister…
Germany tells Musk it expects Twitter to fight disinformation
BERLIN (Reuters) – Germany’s digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting disinformation, since the Tesla founder took over the social media firm, the…
China expects passenger traffic during Lunar New Year to double from 2022
BEIJING (Reuters) – China expects the total number of passenger trips made by travellers by road, rail, water and flight during the upcoming Lunar New Year to reach 2.1 billion this year,…
Bulgaria expects fiscal deficit of 1% of GDP for 2022
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of 3.4%, the finance…
Putin expects China’s Xi to visit soon, Xi holds his line on Ukraine
By Kevin Liffey (Reuters) -Russian President Vladimir Putin said on Friday he was expecting Chinese President Xi Jinping to make a state visit early next year in what would be a public…
Elon Musk expects Twitter to be ‘cash flow break-even’ next year
By Sheila Dang (Reuters) -Elon Musk said Twitter Inc is now on track to be “roughly cash flow break-even” next year, as the billionaire owner defended his deep cost-cutting measures at the…
Hedge fund Citadel expects to return $7 billion in profits to clients – source
By Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January after a stellar performance this year, a…
Investor in Musk’s Twitter buyout expects to make up to five times its money
By Milana Vinn (Reuters) – Aliya Capital Partners LLC, one of the biggest investors that joined Elon Musk’s $44-billion acquisition of Twitter Inc, said on Tuesday it expects to make up to…
Warner Bros Discovery expects $1 billion more in scrapped content charges
(Reuters) – Warner Bros Discovery Inc on Wednesday raised its expectations of costs related to content write-offs by $1 billion and said the charges could now reach up to $3.5 billion. For…
Ark’s Wood sees U.S. now in recession, expects energy stocks to tumble
By David Randall NEW YORK (Reuters) – Energy stocks and other value stocks will likely be “casualties” of falling inflation, said Cathie Wood, the star stock picker whose ARK Innovation Fund has…
Swiss gov’t expects economic slowdown in 2023 but no recession
ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, with no energy shortages causing widespread production…
Germany expects decision on Schwedt refinery oil supply next week – ministry
BERLIN (Reuters) -Germany expects to reach a decision next week on how the Schwedt refinery will be supplied as a ban on Russian oil takes effect, the Economy Ministry said late on…
Volkswagen expects difficult 2023 for financial services unit
(Reuters) – Volkswagen expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest rates. “We see that people are more cautious…
UAE expects GDP growth of 6.5% this year, beyond 7% next year
DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the country’s economy minister said on Thursday. (Reporting by Yousef Saba, writing by…
BAT expects full-year sales growth of 2-4% on e-cigarette, oral nicotine push
LONDON (Reuters) – British American Tobacco said on Thursday it expects full-year revenue growth of between 2% and 4% at constant currency rates, as more people are using its e-cigarettes and oral…
ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By Padraic Halpin DUBLIN (Reuters) – The European Central Bank is likely to raise interest…
ECB’s Makhlouf expects 50 bp rate hike on Dec. 15
DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf told journalists on Monday that he expects the bank’s Dec. 15 policy meeting will likely settle on a 50 basis point…
Saudi Aramco’s Luberef expects to raise up to $1.32 billion from IPO
By Yousef Saba DUBAI (Reuters) – Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it said, if…
U.S. expects reduced tempo in Ukraine fighting to continue for months
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – U.S. intelligence expects the reduced tempo in fighting in Ukraine to continue in the next several months and sees no evidence of a…
Hungary expects EU to approve its recovery plan next month: minister
BUDAPEST (Reuters) – Hungary’s government expects its recovery fund plan to be approved by EU finance ministers at an Ecofin meeting on Dec. 12, its minister in charge of EU negotiations said…
White House expects EV credits to come up in Biden-Macron talks
WASHINGTON (Reuters) – President Joe Biden and French President Emmanuel Macron are likely to discuss the issue of electric vehicles in the U.S. Inflation Reduction Act when they meet on Thursday, White…
German finance minister expects higher debt burden but no tax rises
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to climb to around 70% after the energy crisis but said the government…
Nepal expects reforms, says central bank, holding rates as election count goes on
By Gopal Sharma KATHMANDU (Reuters) – While Nepal awaited the outcome of national elections its central bank opted to hold its benchmark interest rates at 8.5% late on Sunday, and voiced expectations…
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