MILAN (Reuters) – The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of …
gloomy
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- Business News
Japan household spending suffers biggest drop in 2-1/2 years; outlook not as gloomy
by Reutersby ReutersTOKYO (Reuters) – Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility in some items meant the outlook might not be as …
- Business News
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
by Reutersby Reuters(Reuters) – U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines and Expedia that amplified concerns domestic demand may be easing after a …
- Business News
Investors, analysts question Nike’s wholesale strategy amid gloomy N. American spending
by Reutersby ReutersBy Katherine Masters and Ananya Mariam Rajesh NEW YORK (Reuters) – Some analysts and investors question Nike’s move to sell its sneakers and clothing through other retailers including Macy’s as …
- Business News
UK retail sales fall in May after April rise, outlook less gloomy: CBI
by Reutersby ReutersLONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy …
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By Chibuike Oguh NEW YORK (Reuters) – A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending …
- Business News
U.S. company comments suggest upbeat demand despite gloomy forecasts
by Reutersby ReutersBy Caroline Valetkevitch NEW YORK (Reuters) – Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments from company executives this …
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LONDON (Reuters) -British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the rising cost of living eats …
- Business News
Japan manufacturers gloomy as global slowdown hurts – Reuters Tankan
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO (Reuters) – Big manufacturers in Japan remained gloomy in February and the service-sector mood slid for a second straight month, a Reuters’ poll showed, a sign …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. South Korea and the Philippines’ GDP data are on the Asian data docket …
- Business News
Davos 2023: CEOs most gloomy on growth in more than a decade -PwC survey
by Reutersby ReutersBy Divya Chowdhury and Anisha Sircar DAVOS, Switzerland (Reuters) – Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial crisis due to rising …
- Business News
Nearly three in five German industry associations foresee gloomy 2023
by Reutersby ReutersBERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies to produce less as high energy prices due to the …
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FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming recession, European …
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A look at the day ahead in U.S. and global markets from Mike Dolan. As Americans digest turkey feasts and head to the shops, they may also give thanks that …
- Business News
German 2022 industry output to rise slightly, 2023 looks gloomy – BDI
by Reutersby ReutersBERLIN (Reuters) – German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy as high energy prices and …
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(Reuters) – Shares in U.S. retailers slid in premarket trade on Wednesday after Target Corp warned of a gloomy outlook for crucial holiday quarter sales and announced plans to save …
- Business News
Walmart, Target results will tell how gloomy holidays could get for retailers
by Reutersby ReutersBy Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Walmart and Target results this week are likely to show that major retailers are heading for a turbulent holiday season as …
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FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming …
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By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation …
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By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said on Friday, as consumers and …
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By Lucy Craymer WELLINGTON – New Zealand business sentiment improved slightly in July but remained gloomy in the face of intense inflation pressures, an ANZ Bank survey showed on Thursday. …
- Financial News
Russian disposable incomes drop in Q2 as economic data paints gloomy outlook
by Reutersby ReutersMOSCOW – Real disposable incomes in Russia fell 0.8% in the second quarter of 2022, preliminary data showed on Wednesday, with rising prices and restrictions linked to the conflict in …
- Financial News
Big banks’ Q2 earnings to shed light on gloomy U.S. mortgage outlook
by Reutersby ReutersBy Elizabeth Dilts Marshall NEW YORK – U.S. analysts and economists will be watching to see how banks’ mortgage businesses are faring during their second-quarter earnings this month, as U.S. …
- Financial News
‘Gloomy’ Dutch consumers hit by pessimism about economy, war in Ukraine
by Reutersby Reuters– Dutch consumer confidence deteriorated in March due to growing pessimism about the economy and the war in Ukraine, the Dutch Statistics Office CBS announced on Wednesday. The indicator dropped …
- Financial News
Hong Kong’s Nov-Jan unemployment unchanged at 3.9%, outlook gloomy
by Reutersby ReutersHONG KONG – Hong Kong’s seasonally adjusted unemployment rate was unchanged at 3.9% in the November-January quarter, the government said on Monday, and the outlook is overshadowed by a surge …