global-economic-recovery
Top StoriesGlobal Unemployment to Slightly Fall in 2024, UN Labour Body Says
Top StoriesOil Prices Steady as OPEC Retains Demand Forecasts
Top StoriesArcelorMittal Cuts Steel Demand Forecast, Beats Profit Expectations
Top StoriesGlobal Miner Anglo American’s First-Half Production Surges 42%
Stocks Squeal as Borrowing Costs Return to Banking Crisis Highs
Date: July 6, 2023
Stocks squeal as borrowing costs return to banking crisis highs By Marc Jones LONDON (Reuters) – World stocks fell for a third straight day on Thursday, as strong U.S. jobs data bolstered bets on another U.S. interest rate hike this month and tit-for-tat trade salvoes between China and the United States also dampened sentiment. Traders...
Logistics Firm Dsv Eyes Recovery in Global Trade Volumes
Date: April 27, 2023
Logistics firm DSV eyes recovery in global trade volumes COPENHAGEN (Reuters) – Denmark’s DSV, the world’s third-largest freight forwarder, on Thursday reported a first-quarter adjusted operating profit above expectations and predicted global trade volumes would recover in the coming quarters. The logistics group has benefited from high freight rates in the wake of the pandemic...
French Airport Group Adp Q1 Revenue Beats Forecasts as Global Air Traffic Recovers
Date: April 27, 2023
French airport group ADP Q1 revenue beats forecasts as global air traffic recovers By Federica Mileo (Reuters) -French airport group ADP on Wednesday beat estimates for its first-quarter revenue, as it benfited from a global recovery in air travel despite strike-related disruptions in France. ADP, operator of the French capital’s Orly and Roissy Charles de...
At China’s Largest Trade Fair, Exporters Worry About World Economy
Date: April 17, 2023
At China’s largest trade fair, exporters worry about world economy By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response. The subdued mood at the Canton...
Oil Gains After Iea Sees Demand Rising to Record High
Date: April 14, 2023
Oil gains after IEA sees demand rising to record high By Ron Bousso LONDON (Reuters) -Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency (IEA) also warned that...
Global Equity Funds Receive Inflows for First Time in 10 Weeks
Date: October 28, 2022
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the economic slowdown. According to Refinitiv Lipper data, investors bought a net $7.8 billion worth of global equity funds in the week, after ditching them in...