Swiss gov’t expects economic slowdown in 2023 but no recession
ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, …
slowdown
Japan’s Q4 tankan factory mood set to weaken on inflation, global slowdown: Reuters Poll
By Kantaro Komiya TOKYO (Reuters) – Japanese manufacturers’ sentiment likely weakened in the last quarter of 2022 on sustained cost pressures and a bleaker global …
Polish central bank says data suggests further slowdown
WARSAW (Reuters) – Polish macroeconomic data suggests there will be a further slowdown in gross domestic product growth, the Polish central bank said on Wednesday …
Mexico peso seen resilient through economic slowdown in 2023: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – The Mexican peso will weaken only modestly in 2023 through a gathering economic slowdown as confidence in the …
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 …
IMF’s Georgieva flags inflation, China slowdown as risks to Asia
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as …
Hong Kong sees IPO slowdown reversing; eyes international issuers
By Sumeet Chatterjee HONG KONG (Reuters) – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is …
BofA CEO sees two-year housing slowdown as U.S. rates rise
By Lananh Nguyen and Niket Nishant (Reuters) – Bank of America Corp chief executive officer Brian Moynihan said activity in the U.S. housing market will …
Canadian province of Ontario cuts deficit forecast, braces for slowdown
By Fergal Smith TORONTO (Reuters) -Ontario on Monday projected a smaller budget deficit for the current fiscal year as robust economic growth boosted tax revenues …
BP workers at Rotterdam refinery begin work slowdown – union
AMSTERDAM (Reuters) – Workers at BP’s refinery in Rotterdam began a “work-to-rule” action after an ultimatum expired at noon with no new pay agreement in …
EU exec revises up 2022 euro zone growth forecast, sees bigger slowdown in 2023
BRUSSELS (Reuters) – The euro zone economy will grow more than previously expected in 2022, the European Commission forecast on Friday, and decelerate more than …
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest sign that central banks remain …
AbbVie misses sales estimates as Botox, Juvederm face slowdown jitters
(Reuters) -AbbVie Inc on Friday missed Wall Street estimates for quarterly sales, hurt by weaker-than-expected revenue from its popular facial filler Juvederm and blockbuster anti-wrinkle …
China auto market faces slowdown as inventory builds – CMBI
SHANGHAI (Reuters) – Automakers in China delivered a record number of cars to dealers in the first nine months of the year even as retail …
Intel plans to cut thousands of jobs hit by PC slowdown – Bloomberg News
(Reuters) -Chipmaker Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal …
Portugal’s draft budget targets lower deficit despite steep slowdown
By Sergio Goncalves LISBON (Reuters) -Portugal unveiled its draft 2023 budget on Monday, projecting a steep slowdown in economic growth with high energy and food …
Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, …
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 …
Banks in the euro zone will have to raise provisions to cope with economic slowdown
MADRID (Reuters) – Banks in the euro zone will have to raise provisions to cope with the consequences of the economic slowdown due to the …
Euro zone slowdown not enough to control inflation, ECB’s de Guindos says
FRANKFURT (Reuters) – The euro zone’s economic slowdown – or possibly recession – will not be enough to control inflation, and the European Central Bank …
Tracking China’s slowdown
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Another day, another surge in U.S. bonds yields, and another sell-off …
French central bank sees slowdown next year, risk of recession
PARIS (Reuters) – The French economy will slow sharply next year in the face of Europe’s energy crisis, with a risk of a “limited and …
Ferragamo sales beat forecasts in H1 despite slowdown in China
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a slight slowdown in the …
CMA CGM expects shipping slowdown after another strong quarter
PARIS (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM <CMACG.UL> said on Friday as it reported another …
ECB’s Lane sees euro area slowdown, does not rule out technical recession
MADRID (Reuters) – The euro zone’s economy is likely to experience an economic slowdown, European Central Bank’s chief economist Philip Lane said on Tuesday, adding …
Global equity funds see large outflows on slowdown worries
(Reuters) – Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns that rate hikes …
Canadian companies stick to hiring plans even as slowdown looms
By Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, …
Analysts slash platinum and palladium forecasts amid global slowdown: Reuters poll
By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic …
Amazon, Apple raise hopes as investors brace for slowdown
By Eva Mathews (Reuters) – Apple and Amazon added about $175 billion to their combined market value on Friday after upbeat results boosted investor confidence …
Euro zone Q2 growth accelerates, defies expectations of slowdown
BRUSSELS – Euro zone economic growth accelerated quarter-on-quarter in the second quarter, preliminary data showed on Friday, defying expectations of a slowdown, thanks to a …
N.Korea’s economy shrinks for two straight years but pace of slowdown eases -S.Korea central bank
By Soo-hyang Choi SEOUL – North Korea’s economy shrank in 2021 for a second straight year after suffering its biggest contraction in more than two …
Slowdown and cooling prices could ease rate hike pressure on BoE – PMI
By William Schomberg LONDON -Britain’s businesses grew at their slowest pace in 17 months in July and inflation pressures eased, according to an industry survey …
‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession
‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession Max Keating on July 15, 2022 Companies of all sizes are pointing to …
China GDP data to show sharp slowdown in Q2, tepid recovery in June
By Kevin Yao BEIJING – China is expected to report a sharp slowdown in economic growth in the second quarter after widespread COVID lockdowns jolted …
IMF says China needs more fiscal, monetary support to fight COVID slowdown
By David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an …
Global equity funds see a second weekly outflow on slowdown worries
(Reuters) – Global equity funds faced a second straight week of outflows in the week to July 6, as investors remained concerned about a global …
Investors turn net sellers of U.S. equity funds on slowdown worries
(Reuters) – U.S. investors turned net sellers of equity funds in the week ended June 29, as they fretted over the impact of hefty rate …
Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices
By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to …
Shopify unveils new tools, Twitter tie-up to beat e-commerce slowdown
By Nivedita Balu (Reuters) – Shopify Inc has launched new tools to help its merchants sell to other businesses and on Twitter, as the Canadian …
U.S. stock market has not priced in economic slowdown yet – Bridgewater co-CIO
By Carolina Mandl NEW YORK – Bridgewater’s Karen Karniol-Tambour, co-chief investment officer for sustainability, said on Thursday that the U.S. stock market has not yet …
Asian stock valuations dip to 26-month low on slowdown worries
(Reuters) – Asian equities’ valuations dropped to a more than two-year low at the end of May, as regional shares were hit by concerns over …
Russia’s inflation slowdown cannot yet be seen as sustainable – cenbank
(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends …
Portugal’s quarterly growth accelerates, contrasts with EU slowdown
(Reuters) – The pace of Portugal’s economic growth doubled to 11.9% in the first quarter from a year earlier and accelerated from the preceding quarter, …
Peak interest rates may be lower than expected as growth slowdown looms
By Sujata Rao and Saikat Chatterjee LONDON – Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money …
Hong Kong new listings volume sinks to 9-year low on China slowdown
By Scott Murdoch HONG KONG – Hong Kong’s new listings volume plunged 90% to a nine-year low this year, data showed, as China’s sharp economic …
China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says
BONN, Germany -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering …
Russian economy minister sees further slowdown in inflation
(Reuters) – Russia’s economy has shown resilience to Western sanctions, Economy Minister Maxim Reshetnikov said on Wednesday, expressing confidence that inflation in Russia will slow …
Global equity funds see massive outflows on slowdown fears
(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening …
Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll
By Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, …
U.S. solar industry warns of slowdown due to supply chain disruptions, tariff uncertainty
(Reuters) – The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat …