STOCKHOLM (Reuters) -Electrolux, the world’s second-biggest appliances maker, said on Friday that its fourth-quarter loss had widened from a year earlier due to high costs, intensified price competition and weak …
headwinds
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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 …
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By Radhika Anilkumar (Reuters) -Coca-Cola HBC maintained its annual profit and sales forecasts on Tuesday as strong demand for the bottler’s energy and coffee drinks offsets the impact of foreign …
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(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in a note. Wilson and other …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …