Lithium producers stay bullish on EVs despite growing headwinds
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled…
China’a Q3 GDP growth seen slowing to 4.4% as headwinds persist: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economy is expected to have slowed in the third quarter as demand at home and abroad faltered, but increased support from the government means Beijing…
Factbox-US offshore wind projects facing inflation headwinds
(Reuters) – The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden’s administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power…
Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount
Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount Nick Pope on September 6, 2023 The U.S. offshore wind industry has struggled in recent weeks, a development which could complicate…
Government spending, macro headwinds threaten Brazil’s economy: ex-central bank chief Fraga
By Lisa Pauline Mattackal (Reuters) – Insufficient government spending cuts, rising global interest rates and tighter liquidity place Brazil in a risky fiscal situation, a former governor of the central bank said…
Exclusive-Deputy Treasury chief Adeyemo says US well-prepared to weather China headwinds
By David Lawder PROVIDENCE FORGE, Virginia (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo said on Thursday that China’s economic weakness may cause difficulties for some developing economies and regions that depend…
China’s Meituan swings to profit on food delivery rebound, flags headwinds
By Casey Hall SHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds for its…
Biden’s student loan defeat adds to headwinds for US economy
By Michael S. Derby and Dan Burns (Reuters) -The U.S. Supreme Court’s striking down of President Joe Biden’s student loan forgiveness plan puts nearly half a trillion dollars of debt back on…
U.S. banks fallout will intensify margin headwinds for Aussie lenders, UBS says
(Reuters) – Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce competition for…
New Zealand house prices fall in February as economic headwinds continue
WELLINGTON (Reuters) – New Zealand house prices continued to fall on the prior month as ongoing headwinds and the impact of Cyclone Gabrielle continues to weigh, the Real Estate Institute of New…
Corebridge posts smaller-than-feared profit drop on strong investment income
(Reuters) -Corebridge Financial Inc reported a smaller-than-expected drop in its quarterly profit on Friday, supported by higher investment income from its base portfolio that more than offset the decline in private-equity returns.…
HSBC says the ‘headwinds are ahead’ for UK mortgage holders
LONDON (Reuters) – Many mortgage borrowers could struggle to manage more expensive home loans this year, one of Britain’s top bank bosses said on Tuesday, as the cost of living crisis deepens.…
ADB trims growth outlook for developing Asia as headwinds persist
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the Russia-Ukraine conflict,…
UAE non-oil private sector growth slows amid global headwinds – PMI
DUBAI (Reuters) – The United Arab Emirates’ non-oil private sector grew in November at its slowest pace since January, as signs emerged that concern over a global slowdown weighed on sales and…
EV battery production faces supply chain, geopolitical headwinds – report
(Reuters) – A fragile supply chain marred by geopolitical tensions could hit the planned expansion of electric vehicle (EV) battery production, slowing EV adoption, S&P Global Mobility warned in a report on…
MENA, Central Asia economies show resilience but global headwinds loom -IMF
DUBAI (Reuters) – Economic activity in the Middle East and Central Asia was resilient with recovery continuing in 2022 but the region must guard against growing global headwinds and push ahead with…
Taiwan Q3 GDP seen growing 3.2%, struggling against trade headwinds
TAIPEI (Reuters) – Taiwan’s economy likely expanded slightly faster in the third quarter compared to the prior quarter but at an anaemic pace due to increased global economic headwinds denting demand for…
Hong Kong exchange sees further headwinds after first-half profit drop
By Selena Li HONG KONG (Reuters) -The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a 27% fall…
Continental expects stronger demand after ‘hurricane’ headwinds in Q2
BERLIN -Continental expects higher auto production in the second half of the year as supply chains and semiconductor availability improve, the company said on Tuesday, after reporting a heavy second-quarter loss. The…
Taiwan Q2 GDP to gain from chip exports, but face COVID headwinds – Reuters poll
TAIPEI – Taiwan’s trade-reliant economy is expected to have expanded on the back of strong global demand for computer chips, though COVID-19 lockdowns in top export market China and a surge in…
Lockheed lowers 2022 revenue outlook on charges, F-35 headwinds
By Mike Stone WASHINGTON – U.S. weapons maker Lockheed Martin Corp lowered its 2022 revenue and earnings per share targets on Tuesday after F-35 fighter jet sales fell amid pandemic-related headwinds and…
Backlogs, more staff help German factories against headwinds -PMI
BERLIN – German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further decline in new orders mean rough seas…
GM, Ford steer into the headwinds of inflation, rising rates
By Joseph White and Paul Lienert DETROIT – General Motors Co and Ford Motor Co will report first-quarter results this week in an environment that has become more hostile than executives projected…
UK business confidence wavering due to Ukraine headwinds – CBI
LONDON – British businesses’ optimism is beginning to falter as the potential impact of Russia’s invasion of Ukraine on inflation and consumer spending becomes clearer, the Confederation of British Industry said on…
India growth recovery faces headwinds from geopolitical tensions, says Patra
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, Reserve Bank…
The NRP Group Plans To Break Ground On 23 Developments Representing over 6,000 Apartment Homes in 2022, Despite Considerable Headwinds
CLEVELAND, March 8, 2022 — The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, plans to break ground on more than 6,000 apartment homes in 2022, exceeding…
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