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Tag:

Growth

  • Financial News

    Economists say higher oil prices pose further risk to India’s growth momentum

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

    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 …

  • Financial News

    Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data

    by Reuters February 25, 2022
    by Reuters February 25, 2022

    – 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 Reuters February 24, 2022
    by Reuters February 24, 2022

    COLONIAL 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 Reuters February 24, 2022
    by Reuters February 24, 2022

    LONDON – 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 Reuters February 24, 2022
    by Reuters February 24, 2022

    – 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 Reuters February 24, 2022
    by Reuters February 24, 2022

    ZURICH – 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 Reuters February 23, 2022
    by Reuters February 23, 2022

    SAO 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 …

  • Financial News

    TelefĂ´nica Brasil posts 103.2% growth in Q4 net profit

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    – 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 …

  • Financial News

    Hargreaves’ asset growth, net new business slows; shares fall

    by Reuters February 22, 2022
    by Reuters February 22, 2022

    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 Reuters February 22, 2022
    by Reuters February 22, 2022

    By 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 Reuters February 22, 2022
    by Reuters February 22, 2022

    BRUSSELS – 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 Reuters February 21, 2022
    by Reuters February 21, 2022

    By 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 Reuters February 20, 2022
    by Reuters February 20, 2022

    TOKYO – 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 Reuters February 17, 2022
    by Reuters February 17, 2022

    By 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 Reuters February 16, 2022
    by Reuters February 16, 2022

    By 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 …

  • MIsc. News

    Shopify sees slowing revenue growth, higher spending; shares tank

    by Reuters February 16, 2022
    by Reuters February 16, 2022

    -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 Reuters February 16, 2022
    by Reuters February 16, 2022

    By 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 …

  • Business News

    France’s Capgemini 2022 margin growth likely capped by costs

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    -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 Reuters February 10, 2022
    by Reuters February 10, 2022

    By 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 Reuters February 10, 2022
    by Reuters February 10, 2022

    By 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 …

  • Business News

    Manulife and Sun Life earnings rise on asset management growth

    by Reuters February 9, 2022
    by Reuters February 9, 2022

    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 Reuters February 9, 2022
    by Reuters February 9, 2022

    By 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 Reuters February 8, 2022
    by Reuters February 8, 2022

    By 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 …

  • Business News

    Mexico economy minister sees 2022 growth slowing to 2.5%

    by Reuters February 7, 2022
    by Reuters February 7, 2022

    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 …

  • Business News

    Carlsberg looks beyond beer for growth in new strategy

    by Reuters February 3, 2022
    by Reuters February 3, 2022

    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 …

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