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Tag:

Growth

  • Financial News

    India growth recovery faces headwinds from geopolitical tensions, says Patra

    by Reuters March 11, 2022
    by Reuters March 11, 2022

    MUMBAI – India’s growth story remains as weak as it was during the 2013 ‘taper tantrum’ and geopolitical tensions in Ukraine and Russia are further likely to hurt a recovery, …

  • Financial News

    War in Ukraine could more than halve German GDP growth – study

    by Reuters March 11, 2022
    by Reuters March 11, 2022

    BERLIN – Russia’s war in Ukraine could reduce Germany’s 2022 economic expansion by 2 percentage points, more than halving the growth rate for this year, according to a study published …

  • Financial News

    China premier confident of hitting 2022 growth target despite obstacles

    by Reuters March 11, 2022
    by Reuters March 11, 2022

    By Ryan Woo BEIJING – Chinese Premier Li Keqiang said on Friday he is confident of hitting this year’s economic growth target, despite headwinds including the war in Ukraine, pledging …

  • Financial News

    Goldman Sachs cuts U.S. growth forecast as commodity prices bite

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    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 …

  • Financial News

    ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping …

  • Financial News

    Britain’s Boohoo to meet earnings guidance as sales growth slows

    by Reuters March 10, 2022
    by Reuters March 10, 2022

    LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, …

  • Financial News

    Italy industry output dives, growth outlook weakens

    by Reuters March 9, 2022
    by Reuters March 9, 2022

    By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro …

  • Financial News

    Asia braces for growth hit from Ukraine-driven inflation shock

    by Reuters March 9, 2022
    by Reuters March 9, 2022

    By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks …

  • Financial News

    Global LNG demand growth shifts from Asia to Europe on Russia sanctions

    by Reuters March 9, 2022
    by Reuters March 9, 2022

    By Isabel Kua SINGAPORE – Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to …

  • Financial News

    World Bank official says war-driven oil price hikes to slash growth for big importers

    by Reuters March 8, 2022
    by Reuters March 8, 2022

    WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South …

  • Financial News

    Thai GDP growth may miss forecast this year over Ukraine crisis – Finance Minister

    by Reuters March 8, 2022
    by Reuters March 8, 2022

    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 …

  • Financial News

    Japan bank lending growth slows to decade-low as pandemic-induced strain eases

    by Reuters March 7, 2022
    by Reuters March 7, 2022

    By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a …

  • Business News

    IT By Design Partners With the MSP Growth Coalition, Names Juan Fernandez Brand Ambassador of its Build IT MSP Education Division

    by Your News March 7, 2022
    by Your News March 7, 2022

    JERSEY CITY, N.J., March 7, 2022 — IT By Design (ITBD), a Master Managed Services Provider (MMSP), announced today that it has partnered with the MSP Growth Coalition and Co-founder / …

  • US and World News

    China pledges peaceful growth of Taiwan ties, but opposes foreign interference

    by Reuters March 5, 2022
    by Reuters March 5, 2022

    By Yew Lun Tian BEIJING -Chinese Premier Li Keqiang pledged on Saturday to advance peaceful growth in relations with Taiwan and “reunification”, and said his government firmly opposes any separatist …

  • US and World News

    Watchdog On Wall Street Slams Biden For ‘Zero’ Wage Growth In February Jobs Report

    by The Daily Caller March 4, 2022
    by The Daily Caller March 4, 2022

    Watchdog On Wall Street Slams Biden For ‘Zero’ Wage Growth In February Jobs Report Samantha Renck on March 4, 2022 “Watchdog on Wall Street” host Chris Markowski sat down with …

  • Financial News

    Mining companies may pause growth plans amid Ukraine war, inflation

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia …

  • Financial News

    As world scrambles for oil, Canadian producers reluctant to spend on growth

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    By Nia Williams CALGARY, Alberta – The world is scrambling for oil after Russia’s invasion of Ukraine sent prices rocketing and upended global supply but producers in Canada, home to …

  • Financial News

    U.S. factory orders growth beats expectations in January

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    WASHINGTON – New orders for U.S.-made goods increased more than expected in January, pointing to continued strength in manufacturing despite supply challenges. The Commerce Department said on Thursday that factory …

  • Financial News

    U.S. Q4 productivity growth unrevised at 6.6% annualized rate

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker, …

  • Financial News

    Citigroup hikes U.S. equities to ‘overweight’, sees demand for growth stocks

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    – Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp drop in bond yields following …

  • Financial News

    Euro zone business growth accelerated in Feb as Omicron faded -PMI

    by Reuters March 3, 2022
    by Reuters March 3, 2022

    LONDON – Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the bloc’s dominant services industry, according to a survey mostly conducted before Russia …

  • Financial News

    Italy’s public finances improve in 2021 as growth rebounds

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Gavin Jones and Giuseppe Fonte ROME – Italy’s economy grew 6.6% last year following a record contraction of 9.0% in 2020, while the budget deficit and public debt came …

  • Financial News

    China’s Feb service sector activity growth accelerates – official PMI

    by Reuters February 28, 2022
    by Reuters February 28, 2022

    BEIJING – Activity in China’s services sector grew at a faster pace in February, official data showed on Tuesday. The official non-manufacturing Purchasing Managers’ Index (PMI) was at 51.6 in …

  • Financial News

    Japan’s Feb factory activity posts slowest growth in 5 months – PMI

    by Reuters February 28, 2022
    by Reuters February 28, 2022

    TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output, …

  • Financial News

    Japan’s Q1 growth forecast slashed on Omicron hit to consumption: Reuters poll

    by Reuters February 27, 2022
    by Reuters February 27, 2022

    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, …

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