By Valentine Hilaire MEXICO CITY (Reuters) – The Mexican peso could close 2023 at 19.00 vs the U.S. dollar, Barclays analysts said on Friday, citing well-financed public accounts, appropriate actions…
BERLIN (Reuters) – Daimler Truck on Wednesday slightly raised its full-year earnings forecast after reporting better-than-expected results in the third quarter thanks to a jump in unit sales, higher prices…
FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming…
(Reuters) -Ratings agency Moody’s on Friday lowered the United Kingdom’s outlook to “negative” from “stable” over ongoing political turmoil, weaker growth prospects and high inflation. Moody’s maintained its sovereign rating…
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue…
New York Times Poll Shows Bleak Outlook For Democrats Less Than A Month Before Election Day Arjun Singh on October 17, 2022 Republican candidates for the House and Senate have…
TAIPEI (Reuters) – Taiwan’s exports fell in September for the first time in more than two years on weakness in demand in major market China and stagnant consumer spending even…
By Sabrina Valle HOUSTON (Reuters) – Wall Street analysts on Wednesday sharply increased their view of Exxon Mobil Corp’s third quarter earnings after the company disclosed a $2 billion profit…
GENEVA (Reuters) -The World Trade Organization forecast a slowdown of global trade growth next year as sharply higher energy and food prices and rising interest rates curb import demand, and…
BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.0% to 3.5% this year, a slight improvement from a previous forecast of 2.75% to 3.5%, helped by a pickup in…
BERLIN (Reuters) – A clouded economic outlook means it is impossible for Henkel to plan for the coming weeks with certainty at the moment, the chief executive of the chemical…
TAIPEI (Reuters) – Shares in Taiwan’s Foxconn, the world’s largest contract electronics maker, rose 3% on Wednesday morning after the company said it was “cautiously optimistic” about its fourth-quarter revenue…
By John Revill ZURICH (Reuters) -Sika expects to increase its sales between 15% and 18% next year, the Swiss company said on Tuesday, after raising its 2022 outlook and putting…
TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Tuesday it was “cautiously optimistic” about its fourth-quarter revenue outlook after reporting record-breaking September sales. Like other global…
PARIS (Reuters) -French airport group ADP confirmed its Paris air traffic outlook for 2022 and 2023, driven by a recovery in the Asian market and by travelers realising trips they…
By Marcelo Teixeira NEW YORK (Reuters) – Hurricane Ian is likely to have worsened what was already expected to be the smallest U.S. orange crop in 55 years after it…
LONDON (Reuters) – British clothing retailer Next cut its guidance for the full year, saying August trading was below expectations and cost of living pressures are set to rise in…
By Lewis Krauskopf NEW YORK (Reuters) – Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an already-vicious year. For years, investors…
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit below 5% of national output despite a darkening economic outlook triggered by the energy crisis, three sources close…
MANILA (Reuters) – Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China’s slowdown, but the pace of expansion will pick up next year,…
By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production since the start of last year over the next three months, a monthly survey from the Confederation…
By Enrico Dela Cruz MANILA (Reuters) – The Asian Development Bank (ADB) on Wednesday cut its growth forecasts for developing Asia for 2022 and 2023 amid mounting risks from increased…
TAIPEI (Reuters) -Taiwan’s export orders unexpectedly expanded in August on strong demand for technology and new consumer electronics product launches like iPhones even as the island’s largest market China faced…
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 4.1% in the June-August quarter, improving for the fourth consecutive period as economic activities revived in an easing…
(Reuters) – Defense contractor Raytheon Technologies Corp on Tuesday trimmed its full-year free cash flow forecast, amid inflationary pressures, higher costs and supply chain snags. The Arlington, Virginia-based company said…