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L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - 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 -
One of our stocks is holding back the Dow as the S&P 500 and Nasdaq bounce back
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 6 days ago -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - 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. - October 23 -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - 6 days ago -
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 - 6 days ago -
My fiscal rules will provide the stability on which growth depends
Britain faces a choice between investment or declineBusiness - Financial Times - 6 days ago -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - 6 days ago