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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

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

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

ECB Cuts Growth Forecasts as It Ends Bond-Buying Program

The European Central Bank cut its economic growth forecasts Thursday, highlighting the risks confronting Europe’s economy even as it ended its massive four-year stimulus program......»»

Category: topSource: wsjDec 14th, 2018

Rioting in France Cuts Growth Forecast

The French economy will grow more slowly than originally projected in the last quarter of the year due to the violent protests, adding to pressure on President Emmanuel Macron to deliver a strong response in a highly anticipated address to the nation......»»

Category: europeSource: wsjDec 11th, 2018

Nanya cuts bit shipment growth forecast for 4Q18 to negative

DRAM maker Nanya Technology expects to post an around 15% sequential decrease in bit shipments for the fourth quarter, a downward revision from its previous estimate of flat growth......»»

Category: topSource: digitimesDec 6th, 2018

Fed Tracking World Growth Worries, Powell Says

“You still see solid growth, but you see growing signs of a bit of a slowdown,” Jerome Powell, chairman of the central bank, said at a Dallas event. “And it is concerning.”.....»»

Category: smallbizSource: wsjNov 15th, 2018

Yelp Shares Plummet as Company Cuts Revenue Forecast

Shares tumbled more than 28% in post-market trading Thursday after Yelp cut its revenue forecast on slower-than-expected growth in the number of merchants advertising on its platform......»»

Category: smallbizSource: wsjNov 9th, 2018

BOJ keeps policy steady, cuts inflation forecast

The central bank maintained its short-term interest rate target at minus 0.1 percent......»»

Category: topSource: foxnewsOct 31st, 2018

Facebook user growth slows but earnings beat forecast

Facebook exceeded Wall Street's earnings targets but user growth continues to slow amid challenging times for the world's leading social network. Conway G. Gittens reports......»»

Category: videoSource: reutersOct 30th, 2018

Amazon projects holiday season sales below Wall Street targets

Amazon.com on Thursday forecast holiday season sales that disappointed Wall Street, attributing what would be its lowest growth in years more to accounting issues than to any slowdown in business for the world's largest online retailer......»»

Category: topSource: moneycentralOct 25th, 2018

Amazon predicts weaker holiday sales; shares drop 8% after hours

Amazon.com on Thursday forecast holiday season sales that disappointed Wall Street, attributing what would be its lowest growth in years more to accounting issues than to any slowdown in business for the world's largest online retailer......»»

Category: topSource: moneycentralOct 25th, 2018

Amazon"s holiday season sales outlook misses views; shares sink

Amazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth that would be the slowest in years, sending shares of the world's largest online retailer down 8 percent in after-hours trade......»»

Category: topSource: reutersOct 25th, 2018

World stocks wobble as Wall St. cuts losses; oil off after U.S. data

A gauge of stocks across the world pared losses on Wednesday as a rally in bank shares helped buoy Wall Street, but the outlook on earnings soured after a warning on the European auto sector and a revenue miss from IBM......»»

Category: topSource: reutersOct 17th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats on lower costs, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue......»»

Category: topSource: reutersOct 15th, 2018

Bank of America profit rises 35% on tax cuts, loan growth

Net income applicable to common shareholders rose to $6.7 billion, or 66 cents per share, in the third quarter ended Sept. 30 from $4.96 billion, or 46 cents per share, a year earlier......»»

Category: topSource: foxnewsOct 15th, 2018