Author Archives: Syndicated Content
IMF lifts US growth forecast but marks down China; sees lackluster global economy
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but cut them for China, Japan and the euro ...
Oct 22, 2024
Shift to electric vehicles will have far-reaching impact, IMF says
(Reuters) - The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international trade and employment, the International Monetary Fund said on Tuesd...
Oct 22, 2024
IMF cuts forecasts for German economy this year and next
By Maria Martinez BERLIN (Reuters) - The German economy is expected to stagnate this year, the International Monetary Fund said on Tuesday, cutting its forecast for Europe's biggest economy, while gro...
Oct 22, 2024
IMF raises Latin American growth forecast for 2024
WASHINGTON (Reuters) - GDP in Latin America and the Caribbean is set to grow 2.1% this year, three-tenths of a percentage point more than projected in July, the International Monetary Fund said on Tue...
Oct 22, 2024
IMF cuts Japan's growth forecast, projects rebound in 2025
By Leika Kihara TOKYO (Reuters) - The International Monetary Fund (IMF) on Tuesday cut this year's economic growth forecast for Japan, but projected a rebound in 2025 on the view rising real wages wil...
Oct 22, 2024
Explainer-What we know about the data breach at Intesa Sanpaolo?
By Valentina Za MILAN (Reuters) - Prosecutors in the southern Italian city of Bari are investigating an alleged data breach at the country's biggest bank Intesa Sanpaolo, in which Prime Minister Giorg...
Oct 22, 2024
Argentina's beleaguered economy set to rebound in 2025: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) - Argentina's beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven recovery with ...
Oct 22, 2024
Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand
(Reuters) - Industrial paintmaker Sherwin-Williams missed Wall Street estimates for third-quarter profit on Tuesday, hurt by lower sales in its segments that cater to the housing, automotive and aeros...
Oct 22, 2024
Exclusive-Carlyle drops out of bidding process for Thyssenkrupp marine unit
By Christoph Steitz FRANKFURT (Reuters) -Carlyle has dropped out of an ongoing bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday. "We c...
Oct 22, 2024
Philip Morris raises annual profit forecast on strong demand for nicotine pouches
(Reuters) - Philip Morris International raised its annual profit forecast after beating third-quarter estimates on Tuesday, betting on higher prices and resilient demand for its heated tobacco product...
Oct 22, 2024
