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World Bank cuts Sub-Saharan Africa growth forecast

The World Bank has dropped its 2018 economic growth forecast for Sub-Saharan Africa, partly blaming sluggish growth in some of the region's bigger economies. Sam Holder reports......»»

Category: videoSource: reutersOct 11th, 2018

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slower than it previously forecast but faster than last year thanks to rising commodity prices. Pascale Davies reports......»»

Category: videoSource: reutersApr 22nd, 2018

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slow.....»»

Category: topSource: usatodayApr 22nd, 2018

Oil up nearly 3 percent on Saudi and OPEC cuts

OPEC cut its forecast for 2019 world oil demand on Tuesday, citing slowing economies and expectations of faster supply growth from rivals......»»

Category: topSource: foxnewsFeb 12th, 2019

IMF cuts world growth forecast on tariff wars, emerging market strains

The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows. David Pollard reports......»»

Category: videoSource: reutersOct 9th, 2018

WTO Cuts Trade Growth Forecast Citing Heightened Tensions

World trade will slow more sharply than previously expected this year and next, as global tariffs rise, the World Trade Organization said......»»

Category: topSource: wsjSep 27th, 2018

Southwest cuts growth forecast on government shutdown pain

Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S. government shutdown......»»

Category: topSource: reutersFeb 20th, 2019

BoE"s Carney sees "delicate equilibrium" as world economy slows

Global economic growth is likely to stabilise at a new, slower pace, although China, trade wars and rising protectionism threaten the "delicate equilibrium", Bank of England Governor Mark Carney said in a speech on Tuesday. David Pollard reports......»»

Category: videoSource: reutersFeb 13th, 2019

British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off

British Pound: USD/GBP (GBP=X) BoE cuts growth forecasts but Sterling re-traces the sell-off A tough week for trying to value Sterling looking forward with a mildly dovish Bank of England Report having only a short-term negative effect on GBP, wh.....»»

Category: topSource: livetradingnewsFeb 11th, 2019

UBS bets on investment banking, wealth tie-up in bid for growth

UBS, the world's biggest wealth manager, has appointed corporate banking veteran Christian Rosset to lead a new wealth management team tasked with strengthening corporate offerings for entrepreneur clients, the bank told employees this week......»»

Category: topSource: reutersJan 31st, 2019

NewsWatch: Only China can save earnings for Wall Street (and the world): Bank of America

Our call of the day comes at the end of a short, and not sweet, week for stocks as growth worries and shutdown woes linger. China is the only thing that can save a global earnings recession, says Bank of America......»»

Category: topSource: marketwatchJan 25th, 2019

Need to Know: Only China can save earnings for Wall Street (and the world): Bank of America

Our call of the day comes at the end of a short, and not sweet, week for stocks as growth worries and shutdown woes linger. China is the only thing that can save a global earnings recession, says Bank of America......»»

Category: topSource: marketwatchJan 25th, 2019

BOJ cuts inflation view, keeps stimulus as risks to economy heighten

The Bank of Japan cut its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand, further pushing back policymakers' years-long efforts to foster durable growth......»»

Category: topSource: reutersJan 23rd, 2019

IMF cuts global growth outlook, cites trade war and weak Europe

The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy......»»

Category: topSource: reutersJan 21st, 2019

Goldman Sachs Says Markets Indicate a 50% Chance of a Recession

But the bank doesn't believe what it's seeing. Confidence in continued economic growth has been waning. A huge majority of chief financial officers around the world say a recession will happen by the end of 2020.....»»

Category: europeSource: fortuneJan 11th, 2019

Global Growth to Lose Momentum This Year, World Bank Says

The World Bank cut its forecasts for global growth in 2019 and 2020, citing a worsening set of factors from trade tensions to financial-market instability to currency challenges in a number of emerging markets......»»

Category: topSource: wsjJan 9th, 2019

Analyst Names Top Legalized Marijuana Stocks for 2019

The world of legalized marijuana and cannabis sales is expected to keep growing, and a new 2019 forecast projects even stronger growth......»»

Category: blogSource: 247wallstJan 8th, 2019

Chinese triad offers a tonic to battered markets

World stock markets rallied on Friday after China's central bank moved to support its slowing economy, Chinese services data pointed to positive growth, and Beijing announced a new round of trade talks with Washington......»»

Category: topSource: reutersJan 4th, 2019

China cuts banks" reserve ratios by 100 bps as economy slows

China's central bank said on Friday it was cutting the ratio of cash that banks must hold as reserves by 100 basis points (bps), as it looks to reduce the risk of a sharper slowdown in the world's second-biggest economy......»»

Category: topSource: reutersJan 4th, 2019

SEMI cuts fab equipment spending growth forecast for 2019 to negative

Total fab equipment spending in 2019 is projected to drop 8%, a sharp reversal from the previously forecast increase of 7% as fab investment growth has been revised downward for 2018 to 10% from the 14% predicted in August, according to SEMI......»»

Category: topSource: digitimesDec 18th, 2018

Chart Of The Week: Sub-Saharan Africa"s Growth - A Tale Of Different Experiences

Chart Of The Week: Sub-Saharan Africa"s Growth - A Tale Of Different Experiences.....»»

Category: topSource: seekingalphaDec 14th, 2018