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HP Inc Delivers Strong Results, Lifts Estimates on PC Demand
HP Inc posted better-than-projected quarterly revenue and increased its full-year profit estimate on Tuesday, aided by solid demand for its notebook and desktops...
2018-05-30 01:24:00 UTC+00
15610
Industry,
Share,
Business,
Forecast
BoC Governor Seen to Hold Rates at 1.25%
Governor Stephen Poloz heads into a rate decision on Wednesday where he's expected to once again refrain from raising borrowing costs, even as the economy shows signs of strength and is running up against capacity constraints...
2018-05-29 01:22:00 UTC+00
16435
Policy,
Forecast
Eurozone Price Growth Seen Picking Up in May
Figures this week are forecast to show euro-area consumer-price growth could have hit its quickest since early 2017 on the back of more expensive oil and a rebound in travel costs...
2018-05-29 01:08:00 UTC+00
16180
Eurozone,
Inflation,
Forecast
China Economy to Likely Grow at Around 6.7% in the 2nd Quarter - Official Think Tank
China's economy will likely grow at around 6.7 percent in the second quarter in 2018, the State Information Center (SIC) said in an article in the state-owned China Securities Journal...
2018-05-20 23:34:00 UTC+00
10855
GDP,
Forecast
BoE to Keep Rates Unchanged after Outlook Reversal
The Bank of England is expected to stand pat on rates this week, ending a significant u-turn in the outlook for the British central bank.In November, the BoE raised rates for the first time in over a decade, and in February it said it might need to raise rates again at a faster rate than initially estimated by the markets, given the nation's persistent productivity issues...
2018-05-06 22:45:00 UTC+00
15565
Policy,
World Economy,
Investments,
Forecast
Goldman, JPMorgan Expects Global Economic Rebound
The world economy showed signs of stabilizing after a recent moderation as manufacturing activity strengthened for the first time this year.A purchasing managers index for factories across more than 40 countries increased to 53...
2018-05-03 04:46:00 UTC+00
21760
World Economy,
Industry,
Industrial production,
Forecast
Fed Widely Expected to Stand Pat on Rates
The U.S. Federal Reserve is set to leave the interest rates unchanged this week at the end of the April policy meeting but will likely further stoke expectations that it will raise borrowing costs in June amid the rising inflation and low inflation...
2018-05-01 22:46:00 UTC+00
9760
Policy,
Investments,
Forecast
Australian Dollar to Drop Another 72 Cents in 2018 - Goldman
The Australian dollar is on track to fall another five percent in 2018 as the central bank stays on hold while the Federal Reserve keeps hiking interest rates, according to Goldman Sachs Asset Management...
2018-04-30 04:28:00 UTC+00
17530
Investments,
Forex,
Forecast
AT&T Reports Profit below Estimates on Pay-TV Business Slump
AT&T Inc. reported lower-than-estimate quarterly profit as the second biggest wireless carrier in the U.S. lost subscribers from its pay-TV business, causing its shares to tumble more than 3 percent in extended trading...
2018-04-26 05:10:00 UTC+00
12385
Investments,
Share,
Stocks, bonds,
Forecast
Visa Beats Quarterly Profit Estimates, Lifts Full-Year Earnings Projection
Visa Inc. surpassed Wall Street estimate for quarterly profit and lifted its full-year earnings estimate, as more customers use credit cards globally.Visa, like its smaller peers, gets majority of its revenue via transaction fees, which are earned every time a customer swipes their credit or debit card on the firm's network...
2018-04-26 04:11:00 UTC+00
17200
Industry,
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Share,
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China Economy Upbeat in 2018 Despite Trump Dispute
The Chinese economy is expected to have powered ahead in the first quarter. According to the median estimate of economists in a Bloomberg News survey, expansion maintained a 6...
2018-04-16 02:32:00 UTC+00
14260
Asia,
Forecast
Global Trade Growth Strong but at Risk if Dispute Escalates - WTO
World trade in goods is maintaining a strong recovery, but it still might falter if trade tensions escalated further, according to the annual forecast of the World Trade Organization...
2018-04-13 02:36:00 UTC+00
28675
World Economy,
Forecast
UK Economic Growth to Drop in the First Quarter - Forecasters
Economic expansion in the UK is seen to have fallen by half in the starting months of 2018, according to one of Britain's leading forecasting bodies, amid revived concerns for the health of the economy...
2018-04-12 02:23:00 UTC+00
19630
UK,
Forecast
BoE Hints Bigger and Earlier Interest Rate Hikes
The Bank of England hinted at the necessity of earlier and potentially bigger interest rate hikes than priorly estimated, girding the markets for higher borrowing costs...
2018-02-08 23:41:00 UTC+00
21070
Policy,
Eurozone,
Forex,
Forecast
Australia’s Central Bank Keeps Policy Unchanged
The Reserve Bank of Australia issued a positive outlook for the country's economy, maneuvering a stable rate path at its first meeting of 2018 even as global markets experience a downturn...
2018-02-06 07:20:00 UTC+00
18460
Policy,
World Economy,
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