German recession 'very unlikely' given brighter business sentiment, Ifo head says
Ifo President Clemens Fuest told CNBC that lower energy prices and the end of gas rationing fears were key drivers of optimism.
| Date: | Jan. 25, 2023 7:44 AM ET |
| Link: | Read more at CNBC |
| Source: | US Top News and Analysis - cnbc.com |
| Tag: | Germany |
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Dow Jones Newswires: German Ifo business sentiment hit seven-month high in January
Business optimism in Germany is returning amid easing concerns over an imminent recession, according to the Ifo business-climate index.
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business - Germany -
German finance minister says country will likely face a 'very mild' recession this year
German Finance Minister Christian Lindner said Tuesday that he believed the country would experience a mild recession in 2023.
Jan. 17, 2023 - US Top News and Analysis - Business -
Defence industry’s business model transformed by war, says German contractor
Boss of Hensoldt says booming demand means manufacturers can produce weapons and technology without pre-orders
Jan. 18, 2023 - World - World - Germany -
Defence industry’s business model transformed by war, says German contractor
Boss of Hensoldt says booming demand means manufacturers can produce weapons and technology without pre-orders
Jan. 18, 2023 - UK homepage - Business - Germany -
German investors turn positive as recession fears wane
ZEW indicator beats expectations as fiscal support and Covid-rule relaxation in China offset effect of war in Ukraine
Jan. 17, 2023 - World - World - Germany -
German investors turn positive as recession fears wane
ZEW indicator beats expectations as fiscal support and Covid-rule relaxation in China offset effect of war in Ukraine
Jan. 17, 2023 - UK homepage - Business - Germany -
Europe’s Economy Edges Higher, Heading Off Forecasts of Recession
The eurozone economy grew 0.1 percent late last year, a reflection of modestly rising optimism as energy prices have eased, but risks remain.
Jan. 31, 2023 - NYT > Top Stories - Top stories - Europe -
Why Lyft Is Headed for Its Own Recession
The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses.
Jan. 28, 2023 - WSJ.com: US Business - Business -
Head of Battered German Utility Uniper to Resign After Nationalization
The company’s CEO will exercise a special right of termination to leave the company, which was bailed out by the German government after being hit hard by Russia’s decision to throttle natural-gas export to Europe. Its COO will also leave.
Jan. 10, 2023 - WSJ.com: US Business - Business -
UK business confidence hits two-year low as recession fears mount
Purchasing managers’ index drops more than expected by economists as downturn takes hold
Jan. 24, 2023 - UK homepage - Business - United Kingdom -
UK business confidence hits two-year low as recession fears mount
Purchasing managers’ index weaker than expected by economists as downturn takes hold
Jan. 24, 2023 - World - World - United Kingdom -
6 Steps to Valuing Your Business During a Recession
It can be complex, but it is important to accurately assess its value in order to make informed decisions about its future.
Jan. 19, 2023 - Inc.com - Business -
Economists warn of global recession danger ahead of World Economic Forum at Davos – business live
Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the USHere is an evergreen line from the UK prime minister’s spokesperson this morning: there
Jan. 16, 2023 - The Guardian - World -
UK may avoid 2022 recession after growing 0.1% in November – business live
UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World CupUK economy grew by only 0.1% in NovemberThe UK may avoid a recession for now but it won’t feel like it for manyCapital
Jan. 13, 2023 - The Guardian - World - United Kingdom -
German foreign minister’s Kharkiv visit gives hope of tank supply
Annalena Baerbock promises Ukraine aid and arms but does not confirm release of Leopard 2 tanksRussia-Ukraine war – latest news updatesGermany’s foreign minister has visited the eastern Ukrainian city of Kharkiv, promising more weapons and
Jan. 10, 2023 - The Guardian - World - Germany -
Business leaders see profits rising despite recession fears: survey
Majorities of midsize business leaders expect their sales and profits to increase this year but also believe the U.S. could slip into recession, according to a survey conducted by JPMorgan Chase.
Jan. 5, 2023 - Just In | The Hill - Politics -
Penn's sports betting business posts head-turning fourth quarter profit
Penn's sportsbook profit came in spite of a $10 million bet "Mattress Mack" won on the Houston Astros winning the World Series.
3 hours ago - US Top News and Analysis - Business -
Academy unlikely to revoke Andrea Riseborough's best actress Oscar nomination, says expert
The Motion Picture Academy's Board of Governors is meeting today to discuss the campaigning for Andrea Riseborough's best actress nomination, for her performance in "To Leslie." Variety's senior awards editor Clayton Davis joined CBS News
Jan. 31, 2023 - Home - CBSNews.com - Top stories -
Jobs report to give further clues about where economy is headed
The Federal Reserve is going to raise interest rates again on Wednesday. But will it be another half-point hike or just a quarter-point increase? And what about the rest of the year?
Jan. 29, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Jeremy Hunt says significant tax cuts in Budget unlikely
The chancellor, who outlined a growth plan, says there will be little room for cuts in March.
Jan. 27, 2023 - BBC News - Home - Top stories - United Kingdom -
Key Republican says new gun legislation is unlikely despite California shootings
Republican Sen. John Cornyn said he doesn't expect to see new legislative action on gun violence despite the mass shootings in California.
Jan. 26, 2023 - NBC News Top Stories - Top stories - California -
Key Republican says new gun legislation is unlikely despite California shootings
Republican Sen. John Cornyn said he doesn't expect to see new legislative action on gun violence despite the mass shootings in California.
Jan. 26, 2023 - NBC News Politics - Politics - California -
UN head accuses fossil fuel firms of business models ‘inconsistent with human survival’
Criticism at Davos for big companies that, ‘like the tobacco industry’, ride roughshod over their own scienceThe head of the United Nations has accused the world’s biggest fossil fuel companies of refusing to abandon a business model at odds
Jan. 18, 2023 - The Guardian - World - United Nations -
CDC says it’s ‘very unlikely’ Pfizer booster carries stroke risk for seniors after launching review
The CDC said one of its monitoring systems detected a preliminary safety signal for stroke in people ages 65 and older who received the Pfizer omicron booster.
Jan. 13, 2023 - US Top News and Analysis - Business -
Microsoft gives businesses a GPT boost in Teams and Viva Sales
A week after announcing it would "extend" its partnership with OpenAI, Microsoft is already giving business productivity a GPT-powered boost.Read
6 hours ago - VentureBeat - Tech - Microsoft