By Sarah Morland and Marion Giraldo (Reuters) – Grupo SURA, Colombia’s largest investment company, on Tuesday cut its 2023 net profit forecast to between 2,400 …
FRANKFURT (Reuters) – German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a better-than-expected 18% rise in second-quarter …
By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented …
TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23% …
By Pritam Biswas and Laura Matthews (Reuters) – Intercontinental Exchange on Thursday reported second-quarter profit above Wall Street estimates as higher trading volumes at the …
(Reuters) – Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons demand. Net bookings totaled $2.9 …
HONG KONG (Reuters) – Hong Kong’s June retail sales rose 19.6% from a year earlier in the seventh consecutive month of growth thanks to a …
(Reuters) – Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of …
By Ludwig Burger (Reuters) -French drugmaker Sanofi on Friday increased its guidance for full-year earnings, citing strong sales of anti-inflammatory treatment Dupixent and closely-watched new …
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Euro bulls are set for an anxious summer ahead as doubts creep in over how far …
By Ashitha Shivaprasad (Reuters) – Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would need a catalyst for another …
By Michal Aleksandrowicz (Reuters) – Forvia’s shares fell as much as 8% in early trading on Thursday, after a slight hike to the car parts …
(Reuters) – Auto parts distributor LKQ Corp lowered its full-year profit and sales guidance on Thursday, as falling commodity prices drag down growth prospects. LKQ, …
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp’s second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also …
By Safiyah Riddle (Reuters) – Optimism about the near-term business outlook among manufacturers in the U.S. Mid-Atlantic region hit a nearly two-year high in July, …
By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday …
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out an outlook that was more …
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on …
By Maiya Keidan TORONTO (Reuters) – Canadian mergers and acquisitions (M&A) volumes picked up in the second quarter driven primarily by some large proposed transactions, …
By Rishav Chatterjee (Reuters) -Shares of Bubs Australia pared most of their early losses on Thursday after opening about 9% lower, as the embattled baby …
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said …
By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate …
(Reuters) – U.S. equity funds attracted inflows during the week ending June 28, buoyed by positive growth expectations as robust economic indicators eased concerns about …
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening of …
BANGKOK (Reuters) – Thailand’s economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped by private consumption growth and …
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence. …
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the …
By Michael S. Derby NEW YORK (Reuters) – The New York Fed’s in-house economic forecasting model is predicting a notably brighter economic future for the …
By Jason Hovet PRAGUE (Reuters) – The Czech National Bank is likely to opt against hiking interest rates further but chances of a rate cut …
(Reuters) – Manufacturers in the U.S. Northeast grew more optimistic about the near-term business outlook this month even as current conditions remained mixed across the …
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts …
Biden Labor Department Announces Massive Revision To Wage Data, Revealing Much Worse Outlook Jason Cohen on June 1, 2023 The Bureau of Labor Statistics (BLS) …
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored the fragile health of the …
(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company is on track to hit …
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he was sticking to a forecast of 1% economic growth this year despite …
By Kopano Gumbi and Rachel Savage JOHANNESBURG (Reuters) – The outlook for Africa’s debt sustainability remains “cloudy” as low growth and high inflation challenge the …
TAIPEI (Reuters) -Taiwan’s economy will probably grow more slowly in 2023 than previously forecast, the government’s statistics office said on Friday, as weakening global demand …
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as …
By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI (Reuters) – Investors are looking beyond the U.S. technology sector’s bounceback this year for longer-term returns, as …
NEW YORK (Reuters) – New York Fed president John Williams declined on Friday to connect the current monetary policy outlook to new work of his …
By Eva Mathews (Reuters) -Experian Plc’s annual revenue growth forecast on Wednesday signalled a challenging economic backdrop, especially in North America, where the failure of …
BERLIN (Reuters) – Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in first-quarter revenue and profit that …
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the …
(Reuters) – U.S. truck engine maker Cummins Inc on Tuesday raised its full-year 2023 revenue forecast, on the back of strong demand for parts across …
TOKYO (Reuters) – Sony Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual profit outlook fell …
(Reuters) – Fitch cut France’s sovereign credit rating on Friday by one notch to ‘AA-‘, saying a potential political deadlock and social unrest posed risks …
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a …
(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly results beat on strength in …
LONDON (Reuters) – British retail sales inched higher in April, although most shop chains do not foresee a lasting improvement, an industry survey showed on …
By Karl Plume and Sourasis Bose CHICAGO (Reuters) -Archer-Daniels-Midland Co beat Wall Street expectations on Tuesday with a record first-quarter profit but its shares fell …