By Elizabeth Dilts Marshall NEW YORK – U.S. analysts and economists will be watching to see how banks’ mortgage businesses are faring during their second-quarter earnings this month, as U.S.…
TAIPEI – Taiwan’s exports rose in June on sustained demand for technology products even as shipments to China weakened, and the government said the outlook was good as companies ramp…
By Erwin Seba HOUSTON -Forecasters at Colorado State University on Thursday held steady the number of hurricanes they expect to appear in the Atlantic during 2022. In an update to…
(Reuters) – S&P Global Ratings revised on Wednesday the outlook for Mexico’s state-oil firm Pemex to stable from negative, after it reviewed Mexico’s long-term outlook. According to the rating agency,…
TAIPEI – Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand…
BERLIN – A sharp fall in new orders weighed on German manufacturing activity in June, darkening the outlook for Europe’s largest economy, a survey showed on Friday. S&P Global’s final…
By Medha Singh (Reuters) – Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs while others are shelving projects…
PARIS – France’s government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation measures thanks to stronger than…
By Davide Barbuscia NEW YORK – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial…
DUBLIN – L’Oreal chief executive Nicolas Hieronimus said he remained confident about the outlook for the beauty industry with consumers continuing to want to indulge despite the global economy becoming…
BERLIN – Germany’s estimated tax take over the first five months of the year was 15.1% higher than last year, thanks partly to a strong recovery from the pandemic and…
COPENHAGEN – Finland’s Nokian Tyres on Friday nudged up its sales guidance despite an uncertain operating environment related to Russia, home to its largest production plant. The company, which used…
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year and next, and signaled they…
By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD…
SINGAPORE – Inflation is the biggest downside risk for Singapore’s economy this year but recovery in China and a broader global travel resumption will support the city-state’s growth, a central…
(Reuters) – Goldman Sachs increased its Brent oil price forecasts by $10 to $135 a barrel for the period between the second half of 2022 and the first half of…
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM,…
LONDON – Euro zone business growth was robust in May but is at risk of a slowdown from soaring living costs, supply chain disruptions and uncertainty surrounding Russia’s invasion of…
By Erwin Seba HOUSTON – Forecasters on Thursday amped up their outlook for the U.S. Atlantic hurricane season, saying warm sea temperatures and the absence of a moderating wind shear…
By Min Zhang and Gavin Maguire BEIJING/SINGAPORE – China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the…
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By Lucy Craymer WELLINGTON – The Reserve Bank of New Zealand’s chief economist said its outlook for strongly rising interest rates this year could change, depending on economic indicators. “This…
(Reuters) – Dollar Tree Inc increased its sales forecast for the year on Thursday benefiting from more Americans turning to discount stores as record high inflation depletes their spending power.…
By Lucy Raitano LONDON – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to a closely-watched global report, though…
(Reuters) – Ratings agency S&P revised https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/2842888 South Africa’s outlook to “positive” on Friday, saying it reflects favourable terms of trade and a path toward contained fiscal expenditure for the…