World Bank cuts Sub-Saharan Africa growth forecast

Worsening shortages of notebook-use chips and components has prompted Taiwan's ODM Pegatron to revise downward its sequential shipment growth forecast for the second quarter to 5-10% from 25-30%......»»

The Bank of England kept interest rates at the record-low level of 0......»»

Investors should steer the course ahead through strong growth and unchartered central-bank territory, says BlackRock......»»

The vaccine against malaria has been shown to be 77% effective in providing protection against the mosquito-borne disease that kills 400,000 small children in sub-Saharan Africa every year......»»

Stimulus and essential workers helped the world avoid a recession that would've been "at least three times worse," the IMF's managing director said. IMF Managing Director Kristalina Georgieva speaks at a press conference in Washington D.C.....»»

The Organization of the Petroleum Exporting Countries on Thursday raised it.....»»

The Bank of England was more pessimistic about 2021 growth, but said the UK's speedy vaccine rollout will boost the economy further out. .....»»

The Organization of the Petroleum Exporting .....»»

Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers......»»

Bank of America on Thursday cut its 2020 forecast for Brazil's gross domestic product (GDP) to a 3.5% contraction from a 0.5% fall, it said in a report, citing the strong impact on consumption and investment stemming amid the coronavirus pandemic......»»

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.....»»

Nestle, the world's biggest food company, says it has made significant progress removing cocoa produced in protected forests in West Africa from its supply chain as pressure builds from consumers and governments for ethically sourced cocoa......»»

Evan Agostini/Invision/AP Deuts.....»»

Credit Suisse sharply lowered its forecast for Mexico's economic performance this year and now expects a 4.0% contraction, according to a note sent to the bank's clients on Tuesday, adding to a series of downgrades since the coronavirus spread......»»

Credit Suisse sharply lowered its forecast for Mexico's economic performance this year and now expects a 4.0% contraction, citing "significant downside risks," according to a note sent to the bank's clients on Tuesday......»»

Credit Suisse sharply lowered its forecast for Mexican economic growth this year and now expects a 4.0% contraction, citing "significant downside risks," according to a note sent to the bank's clients on Tuesday......»»

Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the coronavirus outbreak......»»

Before pump-at-will was announced, the world's top oil-forecasting agencies announced drastic cuts to demand growth.....»»

The Organization of the Petroleum Exporting .....»»

The Bank of England cut interest rates in its first emergency move since the financial crisis and announced measures to help keep credit flowing through the economy, warning that the coronavirus outbreak will damage growth......»»