Costa Rica lowers GDP growth forecast for 2022 to 3.4%
SAN JOSE – Costa Rica lowered its economic growth projection for 2022 to 3.4%, down from the 3.9% set in January, the country’s central bank announced on Friday. “The downward…
SAN JOSE – Costa Rica lowered its economic growth projection for 2022 to 3.4%, down from the 3.9% set in January, the country’s central bank announced on Friday. “The downward…
OSLO – DNB, Norway’s largest bank, posted better-than-expected first-quarter earnings on Thursday, reflecting a strong Norwegian economy and a high level of activity in the corporate market following an end…
KYIV – Analyst APK-Inform on Saturday raised its forecasts for Ukraine’s 2022/23 grain crop and exports due to a better than expected winter harvest. The consultancy said in a statement…
BERLIN -The German government will cut its growth forecast for Europe’s biggest economy for 2022 to 2.2% from 3.6% amid the war in Ukraine, a government source told Reuters on…
MEXICO CITY – Mexico’s central bank could revise its inflation forecast higher at its next monetary policy meeting due to the impact of Russia’s invasion of Ukraine, Bank of Mexico…
By Eva Mathews and Nivedita Balu (Reuters) – Netflix Inc is expected to report its slowest quarterly revenue growth in nearly eight years on Tuesday, but the focus will be…
By Erwin Seba HOUSTON -The 2022 Atlantic hurricane season is expected to include four major hurricanes with sustained winds of at least 111 miles per hour (178 km per hour),…
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis…
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits,…
CHICAGO – U.S. farmers intend to plant 89.490 million acres of corn in 2022, down 4% from last year and below the lowest in a range of trade expectations, the…
SANTIAGO – Chile’s central bank revised its forecast for 2022 economic growth on Wednesday, dropping it to a range of 1.0% to 2.0% from an estimate of 1.5% to 2.5%…
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the…
– Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion. The company in February forecast sales of $19…
BERLIN – German growth will be weaker than expected this year due to the effects of Russia’s invasion of Ukraine which will also push up inflation in Europe’s biggest economy,…
STOCKHOLM – Volvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing it to cut its forecast…
BERLIN – Germany’s Thyssenkrupp on Wednesday suspended its 2021/22 forecast for free cash flow before mergers and acquisitions for due to the Ukraine crisis and said it was unclear if…
BERLIN – German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts…
– American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting by Abhijith Ganapavaram in Bengaluru;…
SINGAPORE – Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia’s invasion of Ukraine will hurt…
– U.S. solar installations soared 19% to hit a record last year, but new capacity will slide in 2022 as project developers struggle with cost inflation and shipping delays, according…
MEXICO CITY – Inflation in Mexico accelerated faster than expected in February, official data showed, with underlying price pressures hitting their highest level in over two decades, feeding expectations the…
By Peter Hobson LONDON – The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of…
BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, trade and consumption, its finance…
By Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in…
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery,…