Growth Forecast Boost

Goldman slashes European growth forecasts on Trump trouble

Elections have consequences

World - Financial Times - November 7

Brussels downgrades Eurozone growth forecast to 1.3%

Germany’s economic struggles weigh down on region as US continues to outpace Europe

Business - Financial Times - 6 days ago

Kuehne + Nagel Earnings Boosted by Volume Growth and Efficiencies

Kuehne + Nagel reported a forecast-beating rise in third-quarter profitability as efficiency measures and higher volumes helped boost the performance of its sea and air logistics businesses.

Business - The Wall Street Journal - October 23

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - October 30

Dropbox to cut 20% of workforce as it moves to boost growth

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...

Business - MarketWatch - October 30

Reeves in radical pension shake-up to boost growth

The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Universal Music Revenue Beats Forecasts Amid Subscriptions Boost

Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.

Business - The Wall Street Journal - October 31

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. - October 23

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - October 30

AI demand drives growth and higher spending at Amazon’s cloud business

Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter

Business - Financial Times - October 31

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Shopify’s stock heads for best day ever on upbeat holiday forecast

A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”

Business - MarketWatch - November 12

Mexico ups deficit forecast as economists warn of slowing growth

Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibility

World - Financial Times - 5 days ago

Delta expects higher profits thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - Yesterday

Temu Owner PDD Misses Forecasts as Revenue Growth Slows

The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.

Business - The Wall Street Journal - 53 minutes ago

Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF

Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...

World - The Guardian - October 31

How to Create Onboarding Processes That Boost Growth to Scale Efficiently

Onboarding multiple employees is a challenge, but the right systems and processes can make it seamless.

Business - Inc. - 4 days ago

Nestle to Step Up Spending in Push to Boost Sales Growth

The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough ...

Business - The Wall Street Journal - 2 days ago

U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission

The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday

World - ABC News - 6 days ago

US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live

Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...

World - The Guardian - October 30

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - October 30

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - October 30

Why EU defence and security policy will stay in the hands of capitals

Also in this newsletter: wading into France’s budget mess

World - Financial Times - October 30

Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

Airbus Revenue, Earnings Beat Forecasts

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Business - The Wall Street Journal - October 30