US factory production rebounds from weather-induced slump
By Lucia Mutikani WASHINGTON (Reuters) -Production at U.S. factories increased more than expected in February amid a rise in temperatures, but data for the prior … Read more
slump
Thermo Fisher forecasts 2024 profit below estimates on biotech demand slump
(Reuters) -Medical equipment maker Thermo Fisher Scientific forecast annual profit and revenue below Wall Street estimates on Wednesday, signaling that a slump in demand for … Read more
Marketmind: BOJ takes center stage, China markets slump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The Bank of Japan’s policy decision – and perhaps more importantly, … Read more
Most cobalt producers loss-making after 2023 price slump – ERG
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Most cobalt producers are likely to be losing money on every ton of cobalt they … Read more
Porsche increases 2023 deliveries despite China slump
BERLIN (Reuters) – Luxury carmaker Porsche increased its deliveries by 3% in 2023, with 320,221 vehicles delivered worldwide, as growth in Europe and North America … Read more
CME’s lithium contract volumes thrive after price slump
By Polina Devitt and Siyi Liu LONDON/BEIJING (Reuters) – A surge in hedging activity by the lithium industry and traders after the recent price slump … Read more
Slump for UK builders eases in December on rate cut hopes – PMI
By William Schomberg LONDON (Reuters) – Britain’s construction sector showed signs in December that it might have seen the worst of a slump caused by … Read more
Toronto home sales slump to 23-year low in 2023
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area home sales fell last year to the lowest level in more than two decades despite an … Read more
Brazil’s record trade surplus tough to sustain after import slump
By Marcela Ayres BRASILIA (Reuters) – Brazil’s record 2023 trade surplus may be tough to repeat this year, private economists and government officials agree, as … Read more
X’s 2023 ad sales to slump to $2.5 billion – Bloomberg News
(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies … Read more
China’s exports slump seen slowing as pockets of demand emerge- Reuters poll
By Joe Cash BEIJING (Reuters) – Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in … Read more
Investors flock to US natural gas ETF despite price slump
By Suzanne McGee (Reuters) – Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the … Read more
Marketmind: VIX slump to put spring in Asia’s step
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets on Monday could kick off the last week of … Read more
Allianz retains full-year outlook despite 30% slump in Q3 profit
FRANKFURT (Reuters) – Germany’s Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the … Read more
China’s trade slump likely eased further in October: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to … Read more
Skanska misses profit view as property market slump bites
By Niklas Pollard STOCKHOLM (Reuters) – Swedish builder Skanska reported third-quarter earnings far below market expectations on Wednesday as weak property markets took a toll … Read more
Marketmind: Ominous signal – Wall St slides despite yield slump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look to round … Read more
Marketmind: A familiar pattern – stocks slump, yields spike
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Thursday are … Read more
China’s trade slump likely eased further in September, adds to stabilisation signs: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed … Read more
Samsung Q3 profit set to slump 80% as chip losses persist
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing … Read more
Foxconn expects strong holiday sales in Q4, Sept sales slump
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, predicted on Thursday … Read more
House-building slump brings biggest UK construction fall since 2020-PMI
By David Milliken LONDON (Reuters) – Britain’s construction industry saw the biggest slide in activity in more than three years last month, as higher interest … Read more
Slump in UK retail sales eases in September, CBI says
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the … Read more
Analysis-Tax slump in outperforming Brazilian economy scrambles reform plans
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Even as Brazil’s economic growth blew past expectations in the first half of this year, tax … Read more
Australian regulator warns pension funds over unlisted company valuations after Canva slump
By Lewis Jackson SYDNEY (Reuters) – Australian pension funds need to improve how they value private equity, the sector’s regulator said on Monday after a … Read more
China new home prices fall for fourth month, sales slump – survey
BEIJING (Reuters) – China’s new home prices fell for the fourth month in August, according to a private survey on Friday, as a property debt … Read more
Thai July factory output falls more than forecast as exports slump
BANGKOK (Reuters) – Thailand’s factory output shrank slightly more than expected in July as sluggish global demand pinched exports, a ministry official said on Thursday. … Read more
J.P. Morgan warns of sharper-than-expected slump in China residential market
(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat government sales and investment data … Read more
Marketmind: Awaiting another China exports slump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Wall Street and world stocks … Read more
Carlyle reports lower than expected 26% slump in Q2 earnings
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm Carlyle Group Inc reported on Wednesday that its second quarter distributable earnings fell 26% year-on-year … Read more
Irish manufacturers resume hiring despite slump in activity -PMI
DUBLIN (Reuters) – A slump in Irish manufacturing activity deepened slightly again last month as output was at one of its lowest levels on record, … Read more
Bud Light maker to lay off hundreds of US corporate staff after sales slump – CNN
(Reuters) – Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, … Read more
Analysis-Dollar slump, overcrowding complicate popular FX carry trade
By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – A slide in the dollar and signs that volatility is returning to foreign exchange … Read more
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump
(Reuters) – Specialty glass maker Corning forecast third-quarter core sales below Wall Street estimates on Tuesday, as it grapples with the ongoing slump in the … Read more
Taiwan June exports slump the most in 14 years on weak China, US demand
By Roger Tung and Faith Hung TAIPEI (Reuters) -Taiwan’s exports fell more than expected in June, slumping the most in almost 14 years, as the … Read more
Navy, Marine Corps Shelling Out Thousands To New Enlistees Amid Unrelenting Recruitment Slump
Navy, Marine Corps Shelling Out Thousands To New Enlistees Amid Unrelenting Recruitment Slump Micaela Burrow on June 27, 2023 The Navy and Marine Corps are … Read more
No quick recovery for German economy after winter slump – DIW
BERLIN (Reuters) – There is no quick recovery in sight for the inflation-hit German economy following a winter recession, the DIW economic research institute said … Read more
Column-Lithium slump puts China’s spot price under the spotlight: Andy Home
By Andy Home LONDON (Reuters) – High-flying lithium has come crashing back to earth. A super-charged two-year rally, which saw Chinese spot lithium carbonate prices … Read more
Marketmind: Slump or recovery in China?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A barrage of Chinese economic data on Tuesday … Read more
China’s Oppo to shut down chip design unit as smartphone sales slump
SHANGHAI (Reuters) – Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone … Read more
JBS shares slump as Q1 shows global difficulties
By Ana Mano SAO PAULO (Reuters) – Shares in Brazilian food giant JBS SA fell more than 10% in early trade on Friday after the … Read more
SocGen beats estimates as bond trading offsets retail banking slump
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -French bank Societe Generale posted better than expected quarterly earnings on Friday after turmoil in bond and … Read more
US pending home sales slump unexpectedly in March
(Reuters) – Contracts to buy U.S. previously owned homes tumbled unexpectedly in March to snap a three-month rebound, raising a caution flag about what had … Read more
Feeling poorer: Property slump hurting Chinese consumers, clouds recovery
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Liu Baoxiang, who runs a mahjong parlour in a city on China’s rust belt, no … Read more
Tupperware rises a day after 50% slump on going concern warning
(Reuters) – Tupperware Brand Corp’s shares recouped some lost ground to climb nearly 7% on Tuesday, a day after losing half their value as the … Read more
Canada’s Scotiabank profit falls on capital market slump, provisions
(Reuters) – Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from … Read more
Paramount to raise streaming prices as ad slump knocks revenue
By Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS … Read more
Taiwan Jan exports down for 5th month, China shipments slump
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s exports fell for a fifth straight month in January due to a deteriorating global economy … Read more
Dell to lay off 5% of workforce amid PC slump
(Reuters) – Dell Technologies Inc said on Monday it would lay off about 5% of its workforce as it struggles with a slump in the … Read more
Steelmaker SSAB flags improving shipments in more stable market
By Niklas Pollard STOCKHOLM (Reuters) -Swedish steelmaker SSAB expects to increase shipments in a more stable market in the first quarter, it said on Friday … Read more