Goldman Sachs cuts 2023 euro zone growth forecast following weaker economic data
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led…
2023
Ron DeSantis involved in car accident but is uninjured, spokesperson says
(Reuters) -Florida Governor Ron DeSantis, who is running for the 2024 Republican presidential nomination, was involved in a car accident…
Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys,…
Binance, CEO plan to seek dismissal of CFTC complaint
(Reuters) -Binance and its CEO, Changpeng Zhao, are planning to seek the dismissal of a regulator’s complaint, accusing it of…
No happy dance on the agenda as Fed ponders resilient US economy
By Howard Schneider WASHINGTON (Reuters) – With the Federal Reserve steaming toward another interest rate hike this week, policymakers face…
PACCAR beats quarterly estimates on strong demand for trucks
(Reuters) – PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and…
IMF increasingly worried about ‘material’ impact of climate change on economies
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund on Tuesday called for better coordinated efforts to address the…
Dover misses second-quarter estimates as system upgrade disrupts operations
(Reuters) – Dover Corp on Tuesday forecast annual profit largely below Wall Street expectations and missed second-quarter estimates, as manufacturing…
IMF sticks with forecast for limited UK growth in 2023
By David Milliken LONDON (Reuters) – The International Monetary Fund confirmed its latest forecast for British economic growth this year,…
“Last hope”: Eager Germans are prepared to pay for weight-loss drug
By Ludwig Burger and Maggie Fick FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 year-old Jessica…