By Sourasis Bose (Reuters) -Trulieve Cannabis Corp on Wednesday forecast sequentially lower first-quarter revenue after reporting quarterly results that missed market expectations, as demand for cannabis-related products dropped amid regulatory …
slowing
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MEXICO CITY (Reuters) – Mexico’s inflation likely slowed in February but still remained well above the official target, fueling expectations the central bank will raise its key rate again in …
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LISBON (Reuters) – Portugal’s economy grew 6.7% in 2022, its strongest pace in 35 years, fuelled by domestic demand and booming tourism, but inflation put the brakes on private consumption …
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SAN JOSE (Reuters) – Costa Rica’s economic growth will likely slow this year, according to a central bank forecast released on Tuesday that also estimates faster growth in 2024. The …
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Business News
Indonesia’s 2023 GDP growth seen slowing slightly from 2022’s 5.2%-5.3% -Finance Minister
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s economy likely grew within a range of 5.2% to 5.3% in 2022, and a slight deceleration is expected this year due to slowing global growth, its …
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MEXICO CITY (Reuters) – Mexico’s economy is slowing, Bank of Mexico deputy governor Jonathan Heath said on Friday after official data showed economic activity shrank in November and December. Economic …
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Business News
Dubai property price rises seen slowing further in 2023 – Betterhomes
by Reutersby ReutersBy Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that saw a more than …
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MUMBAI (Reuters) – India’s economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in the current year, the World Bank said in its latest …
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Business News
Fed’s Bostic: jobs data another sign economy is gradually slowing
by Reutersby ReutersBy Lindsay Dunsmuir (Reuters) – The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can step down to …
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Business News
Economic growth in Latin America, Caribbean seen slowing in 2023
by Reutersby ReutersSANTIAGO (Reuters) – The expansion of economies in Latin America and the Caribbean is seen cooling next year, the United Nations economic commission for the region (ECLAC) said on Thursday, …
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(Reuters) – Wells Fargo is expecting the global economy to grow at a slower pace in 2023, joining other big American banks that have tempered their estimates this year and …
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Business News
Slowing crypto startup funding may still surpass 2021 record – Pitchbook
by Reutersby ReutersBy Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital …
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BANGKOK(Reuters) – Thailand’s headline consumer price index (CPI) rose by a less-than-expected 5.55% in November from a year earlier, the slowest pace in seven months, helped by lower food prices, …
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Business News
Mexico’s inflation seen slowing pace in November, ahead of cbank decision
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation likely continued to slow in November, a Reuters poll showed Monday, opening the door for the Bank of Mexico to opt for a …
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Business News
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
by Reutersby ReutersBy Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters poll found, while bearish positions …
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Business News
Biden says inflation is slowing in ‘good news for the holiday season’
by Reutersby ReutersBy Trevor Hunnicutt BAY CITY, Mich. (Reuters) – U.S. President Joe Biden on Tuesday hailed easing prices for gasoline, clothes and appliances as “good news for the holiday season,” but …
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WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting inflation had either peaked or was close doing so. The …
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US and World News
Mexico’s inflation seen slowing a bit in first half of October – Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexican headline inflation is forecast to have slowed slightly in the first half of October, a Reuters poll showed on Friday, though it likely did not …
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US and World News
Fed’s Daly says it’s time to start talking about slowing rate hikes
by Reutersby ReutersBy Ann Saphir (Reuters) – The U.S. central bank should avoid putting the economy into an “unforced downturn” by raising interest rates too sharply, and it’s time to start talking …
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US and World News
IMF warns of slowing growth, rising market risks as finance officials meet
by Reutersby ReutersBy David Lawder and Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that colliding pressures from inflation, war-driven energy and food crises and sharply higher interest …
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WASHINGTON (Reuters) – U.S. business inventories increased in July, but the pace has slowed considerably from prior months, likely as cooling demand amid higher interest rates forces companies to be …
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JAKARTA (Reuters) – Indonesia’s exports were seen slowing in August as prices of some of its top commodities declined, but its trade surplus was expected to hold up at around …
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LIMA (Reuters) – Peru’s finance ministry on Thursday unveiled an economic package it says can help lift the economy at times of a global slowdown and falling copper prices, which …
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Financial News
Dell’s enterprise heft likely to shield blow from slowing PC sales
by Reutersby ReutersBy Eva Mathews (Reuters) – Dell Technologies’ focus on corporate clients is likely to shield the company from a slowdown in the personal computer market and help power upbeat quarterly …
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Financial News
Taiwan July export order growth seen slowing on cooling demand: Reuters poll
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s export orders likely grew for a third consecutive month in July, but at less than half the pace of the previous month as global demand cools, …