China fuel demand outlook brightens as road, air traffic jump after COVID curbs ease
By Muyu Xu SINGAPORE (Reuters) – Road and air traffic in China, the world’s second-biggest oil consumer, has rebounded sharply after a significant easing in …
By Muyu Xu SINGAPORE (Reuters) – Road and air traffic in China, the world’s second-biggest oil consumer, has rebounded sharply after a significant easing in …
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region …
(Reuters) – Global ratings agency S&P Global cut Peru’s outlook to negative from stable, citing risks to the sovereign’s credit worthiness from a political standstill …
(Reuters) – Air New Zealand Ltd on Thursday increased its earnings forecast for the first half of fiscal 2023, helped by strong travel demand across …
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on …
By Tetsushi Kajimoto TOKYO (Reuters) – Sentiment of big Japanese manufacturers rose for the first time in four months in December, and the service-sector mood …
OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. “Looking …
SAO PAULO (Reuters) – Industrial production in Brazil rose 0.3% in October from September, government statistics agency IBGE said on Friday, returning to positive territory …
HONG KONG (Reuters) – Hong Kong’s retail sales rose in October helped by improved tourism from eased pandemic restrictions and disbursement of a new batch …
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in over a decade, despite rising interest rates …
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, …
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the coming months, a survey showed …
By Tatiana Bautzer SAO PAULO (Reuters) – JPMorgan Chase & Co will keep growing in Latin America over the next few years as it expects …
By Federica Mileo and Diana Mandia (Reuters) -French caterer Elior beat sales expectations on Wednesday and forecast a quick return to profitable growth after a …
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and Africa is negative, credit rating …
TAIPEI (Reuters) – Taiwan’s export orders contracted more severely than expected in October on weak consumer demand hit by inflation and interest rate hikes, with …
(Reuters) – S&P Global Ratings on Friday maintained its positive outlook on South Africa, as the agency expects that a net external creditor position and …
PARIS (Reuters) – Moody’s Investors Service said on Friday it changed the outlook on French carmaker Renault’s ratings to stable from negative to reflect prospects …
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that Britain’s very tight labour market was a key reason why further interest …
(Reuters) – Shares in U.S. retailers slid in premarket trade on Wednesday after Target Corp warned of a gloomy outlook for crucial holiday quarter sales …
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Monday said “everything points out” that the country’s gross domestic product in 2022 will grow above …
SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down …
BANGKOK (Reuters) – Thailand’s central bank said on Thursday its policy will take into account the country’s economic growth, inflation rate, and financial stability. “Capital …
(Reuters) – Swiss dental implants maker Straumann on Wednesday raised its 2022 organic sales growth outlook, citing post-pandemic recovery momentum. The company, which specialises in …
HONG KONG (Reuters) – Hong Kong’s economy shrank faster in the third quarter, contracting 4.5% from the same period a year earlier, the third straight …
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 …
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 …
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 …
(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. …
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, …
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 …
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 …
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 …
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 …
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%, …
BERLIN (Reuters) – A clouded economic outlook means it is impossible for Henkel to plan for the coming weeks with certainty at the moment, the …
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 …
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 …
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 …
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 Marcelo Teixeira NEW YORK (Reuters) – Hurricane Ian is likely to have worsened what was already expected to be the smallest U.S. orange crop …
LONDON (Reuters) – British clothing retailer Next cut its guidance for the full year, saying August trading was below expectations and cost of living pressures …
By Lewis Krauskopf NEW YORK (Reuters) – Soaring interest rates are providing investors with attractive alternatives to stocks, complicating the picture for equities in an …
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit below 5% of national output despite a darkening economic outlook triggered by the …
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 …
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 …
By Enrico Dela Cruz MANILA (Reuters) – The Asian Development Bank (ADB) on Wednesday cut its growth forecasts for developing Asia for 2022 and 2023 …
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 …
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 …
(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. …