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UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - 8 hours ago -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Parts of UK forecast to see temperatures jump to 20C this week
Parts of the country could see a 10C bump in temperatures in the short period of fine weather.Top stories - BBC News - October 14 -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.Top stories - BBC News - October 22 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
A Trump victory would end ‘normal’ politics between UK and US
Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liabilityBusiness - Financial Times - October 23 -
Heathrow says resumed dividends ‘probable’ as it raises forecasts
Airport’s peak summer season boosted by passengers transiting to Paris for OlympicsBusiness - Financial Times - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - 6 days ago -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - 2 days ago -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - 20 hours ago -
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Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyBusiness - Financial Times - October 15 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.Business - The Wall Street Journal - October 15 -
U.S. unemployment rate to stay low in 2025, top forecaster says
U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.Business - MarketWatch - October 15 -
Meet the Election Denier Forecasting a Trump Win in the 2024 Election
Seth Keshel has become a darling among election deniers by factoring widespread voter fraud — the existence of which has been widely debunked — into his election predictions.Tech - The New York Times - October 15 -
Flying Into Storms Improves Forecasts, but It Is Rare in Asia’s Typhoon Alley
While observational flights have improved forecasts for many storms in the Americas, such flights have been far fewer for storms that have hit Asia.World - The New York Times - October 16 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east
Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...World - The Guardian - October 18 -
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
Trump has gained in 538's forecast, but the election is still a toss-up
538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.Top stories - ABC News - October 18 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
Thales Orders Beat Forecasts Amid Defense-Spending Surge
Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...Business - The Wall Street Journal - October 23 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - 6 days ago -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - 5 days ago -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - 6 days ago -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - 6 days ago -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - Financial Times - 6 days ago