By Manoj Kumar NEW DELHI – Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks …
Growth
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- Financial News
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
by Reutersby Reuters– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint …
- Financial News
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
by Reutersby ReutersCOLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible risk to U.S. economic growth, …
- Financial News
UK retail sales growth slows in Feb, price pressures mount – CBI
by Reutersby ReutersLONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, …
- Financial News
France’s Bouygues sees 2022 growth after return to pre-pandemic profit
by Reutersby Reuters– Bouygues should grow its sales and core profit further in 2022, the French conglomerate said on Thursday, as it posted annual earnings that surpassed expectations to land ahead of …
- Financial News
Adecco sees solid growth in 2022 after 2% revenue rise in Q4 2021
by Reutersby ReutersZURICH – Adecco expects “solid revenue growth” at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% increase in revenues during its …
- Financial News
Brazil’s TIM sees double-digit EBITDA growth for 2022-2024 period
by Reutersby ReutersSAO PAULO – Brazilian telecom TIM SA announced on Wednesday its strategic long-term objectives for 2022-2024, saying it expects a yearly double-digit growth in its earnings before interest, tax, depreciation …
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– Telefonica Brasil on Tuesday reported its quarterly net profit rose 103.2%, helped by a tax credit recognition of 1.4 billion reais. The telecoms operator’s fourth quarter net profit of …
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By Sinchita Mitra -Britain’s biggest retail stockbroker Hargreaves Lansdown on Tuesday reported slower growth than analysts had expected in the assets it manages and net new business for the half …
- Financial News
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
by Reutersby ReutersBy Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses and improving loan demand, but …
- Financial News
Russia’s move against Ukraine makes 2022 euro zone growth more uncertain -Commission
by Reutersby ReutersBRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even more uncertain, European Economic Commissioner …
- Financial News
De Beers CEO sees stable natural diamond supply, decent industry growth
by Reutersby ReutersBy Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, …
- Financial News
Japan’s Feb factory activity growth falls to 5-month low – flash PMI
by Reutersby ReutersTOKYO – Japan’s manufacturing activity expanded at the slowest pace in five months in February as output contracted, underscoring the prolonged impact that global supply chain disruptions are having on …
- Financial News
Thailand’s tourism-reliant economy likely returned to growth in Q4- Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU – Thailand’s economy likely returned to growth in the fourth quarter thanks to robust exports and easing of COVID-19 curbs, but the suspension of a quarantine …
- Financial News
Singapore keeps 2022 growth forecast as economy stays on recovery path
by Reutersby ReutersBy Aradhana Aravindan SINGAPORE -Singapore maintained its forecast for the economy to expand 3-5% this year as the city-state’s recovery from the pandemic slump continues, although officials flagged downside risks …
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-Canada’s Shopify Inc on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up spending on a network of …
- Financial News
Wall Street eyes Walmart results for signs of tighter margins, slower growth
by Reutersby ReutersBy Arriana McLymore and Siddharth Cavale NEW YORK, NY – When Walmart on Thursday reports how it fared during the holiday quarter, investors also will want to see how higher …
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-Gains in French IT consultancy Capgemini’s operating margin this year will likely be held back by inflationary pressures on salary and the cost of returning to offices, the company said …
- Business News
Linde sees double-digit 2022 earnings growth, pricing to offset energy price inflation
by Reutersby ReutersBy Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected fourth-quarter earnings on Thursday. The …
- Business News
EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view
by Reutersby ReutersBy Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued …
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By Nichola Saminather and Sohini Podder – Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong growth in their asset management …
- Business News
Strong U.S. wholesale inventories point to upward fourth quarter GDP growth revision
by Reutersby ReutersBy Lucia Mutikani WASHINGTON -U.S. wholesale inventories rose slightly more than initially estimated in December as motor vehicle stocks increased by the most in 10 years, offering hope that supply …
- Business News
U.S. banks outlook positive with loan growth and rate hikes in view
by Reutersby ReutersBy SinĂ©ad Carew – While U.S. bank stocks had a rocky start to the year, investors and analysts see accelerating loan growth and Federal Reserve interest rate hikes boosting the …
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MEXICO CITY – Mexican Economy Minister Tatiana Clouthier said on Monday the country’s economy was likely to grow about 2.5% this year after being hit by the Omicron wave of …
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COPENHAGEN -Danish brewer Carlsberg said on Thursday it would look for growth beyond its core beer market over the next five years to focus on categories like cider, seltzers and …