Exclusive: IEA revising oil demand growth forecast down on slowing economy

TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing. VCG/VCG via Getty Images TSMC sees growth in the microchip industry slowing to 10%, it said in a post-earnings call. The dimmed out.....»»

AP Photo/Ng Han Guan  Bank of America on Thursday cut its 2020 global GDP growth forecast to 2.8%, the lowest reading since the financial crisis.  The lowered outlook is d.....»»

Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics......»»

California's growth is slowing, but the Go.....»»

REUTERS/Aly Song China's economy grew at 6% between July and September — the slowest growth rate since 1992. Much of this was down to slowing demand from abroad, as the trade war weighs on Chinese p.....»»

U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum......»»

U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum......»»

The International Energy Agency lowered its oil demand forecast, citing weaker prospects for the global economy. Its new forecast lowers 2019 demand growth by 100,000 barrels a day to 1.1 million barrels a day, and it.....»»

Oil prices rose 1% on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak manufacturing data in Western nations indicated slowing economic growth that could reduce fuel demand......»»

Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing on spending plans of businesses, sending the U.S. hotel operator's shares down as much as 2.8%......»»

Mitsubishi Motors Corp forecast on Thursday a 19 percent fall in operating profit this year as it reins in aggressive growth amid slowing global car demand and charts a new course after the ouster of former chairman Carlos Ghosn......»»

The Federal Reserve sent a stark message Wednesday: The economy is slowing......»»

With growth slowing and inflation soft, Federal Reserve officials now expect to raise its benchmark interest rates once over the next three years, according to a forecast and policy statement released Wednesday......»»

With growth slowing and inflation soft, Federal Reserve officials now expect to raise its benchmark interest rates once over the next three years, according to a forecast and policy statement released Wednesday......»»

Oil prices fell about 1 percent on Friday after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil......»»

Oil prices fell more than 2 percent on Friday and were set for a second straight week of declines after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil......»»

Oil prices fell about 3 percent on Friday and were set for a second straight week of declines after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil......»»

Oil prices fell about 3 percent on Friday and were set for a second straight week of declines after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil......»»

Leading German economic institutes have sharply reduced their latest forecast for this year's growth, citing trade worries, weakening demand from abroad and companies' difficulty finding workers with the right skills......»»

Shares in Asia fell on Thursday and U.S. stock futures dropped sharply after Apple Inc cut its revenue forecast due in part to weaker sales in China, adding to concerns about the slowing global economy......»»