NJ weekend forecast promises ideal beach weather at the Jersey Shore
Atlantic City, NJ – The sun will take center stage this weekend at the Jersey Shore, setting up a stretch of weather made for boardwalk strolls, beach chairs, and ocean dips. Today…
TOUS les JOURS Closes Q1 2022 With Tremendous Sales Momentum and Impressive Development Forecast
TOUS les JOURS Kicks Off 2022 with Impressive Q1 Performance Popular French-Asian Bakery Chain Delivers Extraordinary First Quarter Performance Highlighted by Product Innovation and Future Franchise Growth Commerce, CA (-) TOUS les…
Hurricane Roslyn forecast to near major strength as it hits Mexican coast
MEXICO CITY (Reuters) -Hurricane Roslyn is expected to hit Mexico’s Pacific coast at near major hurricane strength bringing dangerous storm surges and flooding, the U.S. National Hurricane Center (NHC) said, as authorities…
U.S. Permian oil production forecast to hit record in November -EIA
NEW YORK (Reuters) – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day (bpd) to…
Netflix’s forecast in focus as streaming pioneer set to launch ad-supported tier
By Eva Mathews and Savyata Mishra (Reuters) – Netflix Inc’s subscriber growth forecast will be in focus when it reports third-quarter results on Tuesday, with the streaming pioneer set to launch an…
Japan’s Oct-Dec crude steel output forecast to slip
By Yuka Obayashi and Kantaro Komiya TOKYO (Reuters) -Japan’s crude steel output is expected to fall for a fourth consecutive quarter in the last three months of the year, due to a…
Malaysia’s August industrial production up 13.6%, above forecast
KUALA LUMPUR – Malaysia’s industrial production in August rose 13.6% from a year earlier, beating expectations, government data showed on Wednesday. August’s factory output had been forecast to expand 9.5%, according to 12 economists…
FedEx’s reduced holiday forecast no surprise to skeptical contractors
By Lisa Baertlein LOS ANGELES (Reuters) – FedEx Corp stunned investors last week by signaling that it was bracing for a further decline in the number of e-commerce packages it will handle…
Italy business lobby cuts 2023 economy growth forecast to zero on energy concerns
MILAN (Reuters) – The Italian economy will grow more than expected in 2022 but will stagnate in 2023, the country’s main business lobby said on Saturday, warning that tensions between the European…
Austria’s WIFO slashes 2023 GDP forecast, warns of stagflation
BERLIN (Reuters) – Austria’s WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the economy towards stagflation. Austrian gross domestic product…
German retail sales dip more than forecast in August
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data showed on Friday. Analysts polled by Reuters had forecast a 1.1% dip…
Argentina inflation forecast to top 100% as prices spiral
BUENOS AIRES (Reuters) – Argentina’s annual inflation could hit 100.3% this year, according to an analysts survey published by the country’s central bank on Thursday, jumping 5.3 percentage points from the previous…
Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe and lower…
French Sept services sector growth slightly less than flash forecast -final PMI
PARIS (Reuters) – Activity in the French services sector expanded in September, albeit by a bit less than initially forecast, a survey showed on Wednesday, as worries about inflation lingered. S&P Global…
Exclusive: Tesla output forecast shows jump in Q4, growth through 2023 – sources
(Reuters) – Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and build on that growth in 2023 as…
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
MEXICO CITY (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for 2022, after August trade data signaled a stronger…
WTO chief expects downside revisions in global trade forecast
GENEVA (Reuters) – The head of the World Trade Organization told Reuters on Tuesday that she expects that global trade forecasts will be revised lower from the current 3% for 2022, citing…
Ireland hikes surplus forecast ahead of budget
DUBLIN (Reuters) – Ireland on Saturday almost doubled its budget surplus forecast for 2022 to 0.9% of gross domestic product thanks to booming corporate tax revenues, giving it extra resources to help…
Italy to slash 2023 growth forecast to just above 0.5%, sources say
By Giuseppe Fonte ROME (Reuters) – Mario Draghi’s outgoing Italian government is preparing to cut its growth estimate for 2023 to just above 0.5% as the energy crisis weighs on the euro…
Philippine cbank hikes rates again, raises inflation forecast
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it was ready…
Chemours cuts earnings forecast on low demand, high input costs
(Reuters) – Chemours Co cut its full-year forecast for adjusted earnings on Wednesday citing low demand and high input costs, sending its shares down 5% in premarket trade. The chemicals company also…
Finland cuts 2023 GDP growth forecast, eyes recession risk
HELSINKI (Reuters) -Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession. The ministry now predicts gross domestic product (GDP)…
Forecast for Fed terminal rate hits new high, shaking stocks and bonds
By Davide Barbuscia NEW YORK (Reuters) – Expectations of how aggressively the Federal Reserve will raise rates in its fight against inflation hit a fresh high this week, exacerbating pressures on stocks…
Cathay Pacific Airways raises passenger capacity forecast
(Reuters) -Hong Kong’s Cathay Pacific Airways expects to reach a third of pre-pandemic passenger capacity by the end of the year, increasing a previous estimate of one quarter, after crew quarantine rules…
Brazil’s economic activity index beats forecast with 1.2% growth in July
BRASILIA (Reuters) – Economic activity in Brazil rose much higher than expected in July, a central bank index showed on Thursday, reinforcing forecasts for a more robust expansion this year, driven by…
Cheniere Energy boosts buyback, earnings forecast
(Reuters) -The largest U.S. liquefied natural gas exporter, Cheniere Energy Inc, on Monday raised its earnings outlook and laid out plans to pay higher dividends and share repurchases while adding to its…
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