Rain to Make Way for Warm Days, Cold End of Week: New Jersey Five Day Weather Outlook
The current weather is shaping up to be a wet and somewhat chilly start to the week, with temperatures and precipitation following a pattern typical for this time of year. Today’s forecast…
Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
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 growth across…
New York Times Poll Shows Bleak Outlook For Democrats Less Than A Month Before Election Day
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 overtaken Democrats…
Taiwan Sept exports drop for first time in two years, outlook poor
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 as chip…
Wall Street cranks up Exxon’s outlook on booming natgas prices
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 gain from…
WTO warns ‘darkened’ trade outlook could deteriorate further
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 warned of…
Thai business group revises 2022 GDP growth outlook to 3.0-3.5%
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 the vital…
Henkel chief executive says clouded economic outlook makes planning tough
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 and consumer…
Foxconn shares rise after offering cautiously optimistic Q4 outlook
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 outlook. Foxconn,…
Chemical maker Sika sets higher sales goal for 2023, hikes 2022 outlook
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 a chunk…
Apple supplier Foxconn ‘cautiously optimistic’ about Q4 outlook
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 manufacturers, the…
French airport group ADP confirms 2022 and 2023 travel outlook for Paris
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 were unable…
Hurricane Ian to worsen bleak outlook for U.S. orange juice industry
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 blasted through…
Britain’s Next cuts guidance on macro outlook
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 the coming…
Analysis-Goodbye, TINA: higher yields muddy outlook for struggling U.S. stocks
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 could easily…
Italy sees 2023 deficit below 5% of GDP despite slashing growth outlook, sources say
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 to the…
World Bank cuts 2022 East Asia growth outlook, cites China slowdown
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, the World…
UK manufacturers gloomy about near-term outlook – CBI
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 of British…
Rate hikes, Ukraine war, China woes dim Asia growth outlook – ADB
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 central bank…
Apple helps Taiwan export orders resume growth in August, outlook mixed
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 continued headwinds.…
Hong Kong’s June-August unemployment eases to 4.1%, outlook improving
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 COVID situation…
Raytheon trims full-year free cash flow outlook
(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 it lowered…
France cuts 2023 growth outlook to 1%, but sees deficit target intact
PARIS (Reuters) – The French government is lowering the country’s 2023 economic growth outlook, but sees no need to revise its budget deficit target as a result, Finance Minister Bruno Le Maire…
Goldman Sachs steepens U.S. rates outlook
SINGAPORE (Reuters) – Goldman Sachs expects a steeper path for U.S. rate rises and a 75 basis point hike this month, as Federal Reserve officials have been sounding hawkish recently, the investment…
Taiwan exports up in Aug; war in Ukraine, inflation cloud outlook
TAIPEI (Reuters) – Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the government said the outlook was…
Japan’s Q2 GDP likely revised up on robust capex, outlook murky: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, but growth prospects in the current quarter…
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