Latest in Slashes Growth Forecast
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Maersk chief expects no ‘massive impact’ from tariffs and forecasts trade growth
Vincent Clerc makes prediction as shipping group reports rise in operating profit to $6.5bn for 2024Financial Times - 16h -
World’s biggest offshore wind developer Ørsted slashes investment by 25%
Danish company attempts to recover from botched US expansion and restore struggling share priceFinancial Times - 1d -
Why Purpose and Values Are the Key to Growth
Five leadership lessons about incorporating these into your business approach.Inc. - 2d -
Nintendo posts profit miss as it slashes Switch forecast again ahead of console's successor
Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company's near eight-year-old Switch console.CNBC - 2d -
Goldman slashes investment minimum for new alumni fund
1869 scheme will invest in Wall Street bank’s private market vehiclesFinancial Times - 2d -
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 5d -
Growth – and damn the consequences?
Plus, will Britain approve a youth mobility scheme with the EU?Financial Times - 6d -
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Labour is facing two ways on growth
The UK government is starting to change the narrative but needs a joined-up approachFinancial Times - Jan. 29 -
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.CNBC - Jan. 29 -
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Competition or growth? It’s better to have both
Political interference fuels uncertainty for businesses in need of a stable competition policyFinancial Times - Jan. 26 -
Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast
Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.CNBC - Jan. 24 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
The UK begins to shift the narrative on growth
Also in this week’s newsletter: why exports are the drivers of economic expansionFinancial Times - Jan. 23 -
Travel 2025: The Forecast on Pricing is Mixed
Domestic airfares are on the rise, economy hotels are holding steady and cruise lines are favoring booking incentives over price cuts.The New York Times - Jan. 22 -
CEOs need a mindset shift on growth
Corporate leaders must embrace risk more for the long-term good of their companiesFinancial Times - Jan. 22 -
Trump’s RTO Plans Could Slash Federal Employee Head Count
The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.Inc. - Jan. 20 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Extreme cold weather forecast for U.S.
Major football events in the U.S. will carry on in frigid temperatures that are expected nationwide. CBS News Bay Area meteorologist Jessica Burch has the latest weather forecast.CBS News - Jan. 17 -
IMF upgrades UK growth forecast and takes swipe at Trump plans
UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy. • Business live – latest updates . The International Monetary Fund has upgraded ...The Guardian - Jan. 17 -
Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - Jan. 16 -
California fires weather forecast: Winds begin to relax, but forecast to return
The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.ABC News - Jan. 16 -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - Jan. 16 -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - Jan. 16 -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - Jan. 13 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
California fires weather forecast: High winds could cause explosive fire growth
Higher humidity and lighter winds are forecast late in the week and into the weekend.ABC News - Jan. 13 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
Dangerous wind gusts forecasted as LA wildfires rage on
NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.NBC News - Jan. 12 -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - Jan. 10 -
The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
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‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8
