Divided Economic Outlook

Scottish smart meter customers face north-south energy divide

Technology differences mean meters in northern England and Scotland may not work properly, energy firm body admits.

What’s behind the global political divide between young men and women?

Trump’s victory in the US shone a light on the growing political polarisation between between young male and female voters happening all over the world. As the Democratic party licks its wounds ...

World - The Guardian - Yesterday

France shuns COP29 as divisions deepen at UN climate summit

Argentina also withdraws negotiator as Azerbaijan’s President Ilham Aliyev lashes out at Emmanuel Macron

World - Financial Times - 14 hours ago

LVMH shares down 7% after warning of ‘uncertain’ outlook

World’s largest luxury group hit by pullback in Chinese consumer spending

Business - Financial Times - October 16

Global electricity demand to double by 2050, IEA’s World Energy Outlook says

Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said

Business - MarketWatch - October 16

NOAA releases 2024-25 winter weather outlook: Here's what to expect

Depending on where you live in the U.S., this winter could bring a mix of snow and rain or unseasonably warm weather, according to climate experts.

Politics - The Hill - October 17

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...

Business - MarketWatch - October 22

Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss

The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.

Business - The Wall Street Journal - October 22

Munich Re Lifts Outlook Despite Third-Quarter Miss

Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.

Business - The Wall Street Journal - October 22

IMF warns on China's property market worsening as it cuts country's growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

Business - CNBC - October 23

Volvo Cars slashes outlook citing ‘increasingly volatile environment’

Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.

Business - MarketWatch - October 23

Mattel Lowers Sales Outlook After Barbie Sales Weigh

The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.

Business - The Wall Street Journal - October 23

Unilever reiterates 2024 outlook after third-quarter sales growth

Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.

Business - MarketWatch - October 24

WNBA outlook is promising after record-setting year — but challenges lie ahead

The WNBA outlook seems promising heading into the offseason following a banner season with record ratings, attendance and a first-time champion in New York

Sports - ABC News - October 24

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - October 25

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - October 28

NHS in England to receive £1.5bn next year to boost appointments

Fresh funding comes as part of wider package which will be set out by Reeves in Budget on Wednesday

Business - Financial Times - October 28

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

Business - MarketWatch - October 29

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.