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 …
outlook
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 …
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 …
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, …
European recovery set to stall, outlook cautious – Reuters poll
By Samuel Indyk LONDON (Reuters) – A recent recovery in European shares looks set to stall and not reclaim end-2021 levels for well over a …
Brazil 2022 trade surplus outlook dims, but record still in reach
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s trade surplus this year is likely to fall short of prior forecasts, according to private …
Straumann maintains modest 2022 outlook despite strong sales, shares slip
By Marie Mannes (Reuters) – Swiss dental implants maker Straumann maintained its moderate 2022 outlook on Tuesday despite strong first-half sales driven by high demand, …
Auto supplier Aptiv lowers outlook as China lockdowns, costs bite
(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly …
Voestalpine warns outlook depends on continued gas supplies
BERLIN – Austria’s Voestalpine warned on Thursday that it expected a significant cooling of the economy in the second half of its fiscal year and …
Beiersdorf posts 10.5% organic sales growth in H1, affirms outlook
BERLIN – Nivea owner Beiersdorf posted 10.5% organic sales growth in the first half of the year, it said on Thursday, affirming its guidance for …
Telecom Italia lifts profit outlook helped by cost cutting
MILAN – Telecom Italia (TIM) on Wednesday improved its core profit target for the year, helped by cost cutting and the contribution from the company’s …
Thai central bank likely to hike rate next month, ups GDP outlook – official
BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, an official said on Friday, as its …
HeidelbergCement lowers profit outlook on high energy costs
FRANKFURT – HeidelbergCement, the world’s No.2 cement maker, on Thursday posted a 4.3% drop in second-quarter core profit, citing challenges ahead because of an unprecedented …
Russian disposable incomes drop in Q2 as economic data paints gloomy outlook
MOSCOW – Real disposable incomes in Russia fell 0.8% in the second quarter of 2022, preliminary data showed on Wednesday, with rising prices and restrictions …
S. Korea central bank member affirms tightening outlook, notes downside risks
SEOUL – A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since …
S&P revises Italy’s outlook to stable from positive
(Reuters) – S&P Global Ratings said on Tuesday it had revised its outlook on its unsolicited BBB/A-2 ratings on Italy to stable from positive. The …
Mexican breadmaker Bimbo doubles Q2 net profit, raises outlook
By Kylie Madry and Noe Torres MEXICO CITY – Mexican breadmaker Grupo Bimbo on Thursday reported its second-quarter net profit doubled and the company raised …
Lockheed lowers 2022 revenue outlook on charges, F-35 headwinds
By Mike Stone WASHINGTON – U.S. weapons maker Lockheed Martin Corp lowered its 2022 revenue and earnings per share targets on Tuesday after F-35 fighter …
IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation
NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat …
Orion raises outlook after Merck deal on developing prostate cancer drug
(Reuters) -Finnish drug maker Orion on Wednesday raised its full year outlook after it signed a collaboration agreement with Merck aimed at developing a prostate …
Column: Extreme dollar a wake-up call for earnings outlook – Mike Dolan
By Mike Dolan LONDON – The U.S. dollar’s rampant surge may finally force corporate America to wake up to a brewing earnings recession. The investment …
Danske cuts profit outlook due to challenging financial market conditions
(Reuters) – Danske Bank on Sunday reduced its full-year net profit outlook, hurt by rapidly rising interest rates and unfavorable financial market conditions. Danske revised …
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities …
Fitch raises United States’ outlook to ‘stable’ from ‘negative’
(Reuters) – Global ratings agency Fitch on Friday raised United States’ outlook to “stable” from “negative” on improved near-term government debt dynamics, driven by a …
Goldman says commodities outlook strong, pullbacks a buying opportunity
(Reuters) – The fundamental outlook for commodity prices is strong with inventories of metals and energy continuing to fall from low levels, Goldman Sachs said, …
Big banks’ Q2 earnings to shed light on gloomy U.S. mortgage outlook
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 …
Taiwan June exports soar, outlook good ahead of peak season
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 …
Forecasters hold outlook for 2022 hurricane season steady -Colorado State
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 …
S&P revises state-owned Mexican oil firm Pemex’s outlook to stable
(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. …
Taiwan’s Foxconn raises full-year outlook on strong tech demand
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 …
Drop in demand weighs on German manufacturing, outlook darkens -PMI
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 …
Companies cut spending, jobs as outlook grows less certain
By Medha Singh (Reuters) – Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs …
France cuts growth outlook, but sticks to budget target – ministry
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 …
Inflation and recession dominate outlook, increase risk of accidents – PIMCO
By Davide Barbuscia NEW YORK – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and …
L’Oreal CEO remains confident on outlook for beauty industry
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 …
German tax take soars, but war clouds outlook
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 …
Finland’s Nokian Tyres lifts sales outlook despite Russia uncertainty
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 …
Fed officials jack up rates, inflation outlook
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year …
OECD slashes growth outlook, but sees limited stagflation risk
By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout …
Inflation, robust China growth key factors for Singapore outlook – survey
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 …
Goldman raises Brent price outlook on unresolved supply deficit
(Reuters) – Goldman Sachs increased its Brent oil price forecasts by $10 to $135 a barrel for the period between the second half of 2022 …
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated …
Euro zone May business growth robust but outlook darkens -PMI
LONDON – Euro zone business growth was robust in May but is at risk of a slowdown from soaring living costs, supply chain disruptions and …
New U.S. hurricane outlook sees five major storms
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 …
Analysis: China’s metals traders offload stockpiles as bleak demand outlook bites
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 …
With Market Size Valued at $6.3 Billion by 2026, it`s a Healthy Outlook for the Global Helical Submerged Arc Welded (HSAW) Pipes Market
Global competitiveness and key competitor percentage market shares Market presence across multiple geographies – Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our digital …
RBNZ chief economist says rate outlook could change with economic indicators
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, …
Dollar Tree raises annual sales outlook
(Reuters) – Dollar Tree Inc increased its sales forecast for the year on Thursday benefiting from more Americans turning to discount stores as record high …
Dividend payouts hit first quarter record, but outlook rocky
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 …
S&P raises South Africa’s outlook to ‘positive’ on trade terms, fiscal discipline
(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 …