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Huawei first-quarter revenue growth slows sharply amid U.S. ban, virus headwinds

Huawei Technologies' revenue growth slowed sharply in the first quarter but the world's top telecoms equipment supplier labeled the performance as "resilient" in light of pressure from the United States and the impact of the COVID-19 pandemic......»»

Category: topSource: reutersApr 21st, 2020

Stocks under pressure after biggest quarterly drop since 2008

Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002......»»

Category: topSource: reutersMar 31st, 2020

Global PMI: business slows - best days over?

Euro zone economic growth slowed much more sharply than expected this month, which along with weaker inflation suggests a stiffer policy challenge for the European Central Bank ahead. As David Pollard reports, data from Japan also disappointed......»»

Category: videoSource: reutersMay 23rd, 2018

In hugely disappointing report, job growth slows sharply and unemployment rises

Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations. Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations......»»

Category: topSource: latimesMay 7th, 2021

Oil prices drop sharply as rising coronavirus cases prompt questions about demand recovery

Oil prices slid as rising COVID-19 case counts in Brazil, India and Europe hurt the demand outlook for the commodity. Shannon Stapleton/Reuters Brent and US oil.....»»

Category: smallbizSource: nytApr 5th, 2021

China March exports slump slows to 6.6% year-on-year, imports down 0.9%

The global coronavirus health crisis looks set to keep trade under pressure over coming months.....»»

Category: topSource: foxnewsApr 14th, 2020

Bank of America forecasts a deep recession in Europe with the economy shrinking almost 8% this year

Reuters Bank of America sharply cut its 2020 growth forecast for Europe from 1% expansion to a 7.6% contraction. More fiscal support is "urgently needed" to avoid bigger damage, the bank said in a note on Thursday. The Eur.....»»

Category: topSource: businessinsiderApr 2nd, 2020

The one word that defined Davos, investing in India"s hyper-growth, and fading recession fears

Reuters / Denis Balibouse Dear Readers, I spent last week attending the World Economic Forum in Davos, Switzerland. Across more than 15 separate conversations with top investors, e.....»»

Category: topSource: businessinsiderJan 29th, 2020

Economy slows, Fed hits brakes, and uncertainty clouds Washington’s next steps

Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»

Category: topSource: washpostOct 30th, 2019

U.S. economy slows marginally in the third quarter

U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, which could further allay financial market fears of a recession......»»

Category: topSource: reutersOct 30th, 2019

Japan"s September exports slip for 10th month, builds pressure on BOJ to ease next week

Japan's exports contracted for a 10th straight month in September, raising speculation the central bank could ease monetary policy as soon as next week to counter heightening overseas risks and a slowdown in demand......»»

Category: topSource: reutersOct 20th, 2019

US stocks are whipsawing after US service-sector growth slows to 3-year low

John Gress/Reuters US stocks whipsawed on Thursday after US service-sector growth slumped to a three-year low in September. The Institute for Supply Management's in.....»»

Category: topSource: businessinsiderOct 3rd, 2019

US service-sector growth slows to weakest pace in 3 years as Trump"s trade war continues to weigh

REUTERS/Kevin Lamarque US service.....»»

Category: topSource: businessinsiderOct 3rd, 2019

U.S. business investment downturn could pressure slowing economy

U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession......»»

Category: topSource: reutersSep 26th, 2019

Economic Report: India’s GDP slows to six-year low

India on Friday reported the slowest economic growth in six years during the June-ending quarter......»»

Category: topSource: marketwatchAug 30th, 2019

Exclusive: China curbs gold imports as trade war heats up

China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows......»»

Category: topSource: reutersAug 14th, 2019

Bond Report: Bond yields plunge as rate cuts underline global growth worries, currency-war fears

U.S. Treasury prices rally, sending yields sharply lower Wednesday, after central banks in New Zealand, India and Thailand deliver rate cuts, underlining worries about global economic growth prospects and sparking demand for haven assets......»»

Category: topSource: marketwatchAug 7th, 2019

Eurozone retail sales jump in June

Retail sales in the eurozone rose sharply in June, an indication that household spending has continued to support growth as exports cool......»»

Category: topSource: marketwatchAug 2nd, 2019

U.S. economy slows in second quarter; weak business investment a red flag

U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health......»»

Category: topSource: reutersJul 26th, 2019

U.S. economy slows in second quarter ; weak business investment a red flag

U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health......»»

Category: topSource: reutersJul 26th, 2019