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…
India’s central bank set to raise rates; outlook on growth, inflation in focus
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to stay above…
Japan business mood up, global slowdown weighs on outlook – Reuters Poll
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 hit a three-year high, a Reuters monthly…
Norway companies see weaker outlook, central bank survey shows
OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. “Looking ahead, contacts expect lower activity owing to…
Brazil industrial output rises in October but near-term outlook remains cloudy
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 after two consecutive monthly declines though still…
Hong Kong retail sales rise in October, outlook challenging
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 of consumption vouchers,but the government warned of…
Euro zone credit growth remains brisk despite gloomy outlook
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 and a looming recession, European Central Bank…
Analysis-Investors left scratching heads as ECB bosses spar on outlook
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, leaving investors scratching their heads over the…
UK factory orders weaken, outlook darkens: CBI survey
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the coming months, a survey showed on Thursday. The Confederation of British Industry’s…
JPMorgan expects to keep growing in Latin America with improved outlook
By Tatiana Bautzer SAO PAULO (Reuters) – JPMorgan Chase & Co will keep growing in Latin America over the next few years as it expects the region’s geopolitical outlook to improve, said…
Caterer Elior soars as sales beat, new outlook reassure investors
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 third straight annual loss, sending its shares…
Credit outlook darkens for non-financial companies, Moody’s says
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 agency Moody’s said on Monday, as financing…
Taiwan Oct export orders down more than expected; outlook tough
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 the government warning that China’s insistence on…
S&P affirms positive outlook on South Africa
(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 the implementation of some structural reforms could…
Moody’s changes Renault’s outlook to “stable” from “negative”
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 of improved profitability from its strategic plan.…
BoE’s Bailey: ‘very tight’ labour market key to rates outlook
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 rate increases were likely. “It is still…
U.S. retailers knocked as Target warns on gloomy sales outlook
(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 and announced plans to save up to…
Spain’s GDP growth likely to top government outlook of 4.4%, finance minister says
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 the 4.4% rate predicted in the government’s…
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation
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 sky-high inflation even as it strives to…
Thai monetary policy will consider economic outlook, inflation – central bank
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 flows remain normal despite a weakening in…
Dental implants maker Straumann raises 2022 sales outlook
(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 tooth replacement and orthodontic solutions, expects its…
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
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 quarter of downturn, advance government data showed…
Barclays sees rosy outlook for Mexican peso in 2023
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 well-financed public accounts, appropriate actions taken by…
Daimler Truck raises FY outlook on stronger than expected Q3
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 in unit sales, higher prices and strong…
Euro zone credit growth rises again, despite gloomy outlook
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 interest rates and a looming recession, European…
Moody’s cuts UK outlook to ‘negative’ over political turmoil
(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. Moody’s maintained its sovereign rating for the…
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