WMO forecasts record hot global temperature within next five years
May 28 (UPI) -- Global warming is expected to send temperatures soaring at or near record levels over the next five years, according to a…
China posts 5.4% GDP growth in first quarter, beating forecasts | Business and Economy
Statistics agency says economy ‘off to a good start’ despite more ‘complex and severe’ external environment.China’s economy grew 5.4 percent in the January-March quarter, the…
Keir Starmer criticises watchdog’s benefits forecasts
Kate WhannelPolitical reporterPA MediaPrime Minister Sir Keir Starmer has criticised how the Office for Budget Responsibility watchdog has analysed the impact of his benefit changes.…
Fresh blow to Rachel Reeves after surplus in govt finances comes in more than £5bn below forecasts
RACHEL Reeves has suffered a new setback after a surplus in government finances came in more than £5billion below forecasts.It has left experts warning the…
Japan’s Economy Outperforms Forecasts, Keeping BOJ on Track
Breadcrumb Trail LinksPMN BusinessJapan’s economy outperformed forecasts as business spending and net trade helped fuel a third straight quarter of growth that will keep the…
Ford shares slide on weaker growth forecasts and losses for EV unit
Ford has been grappling with stubbornly high warranty expenses and sluggish cost-cutting efforts. In the July-September quarter, the company took $1billion (€960,000) in accounting charges…
Eurozone inflation tops forecasts, but euro tumbles on tariff fears
Eurozone inflation exceeded forecasts in January, reaching 2.5%, but the euro weakened as fears of US tariffs overshadowed expectations of a hawkish ECB response. European…
Met Office forecasts SNOW hitting UK this week in icy -4C plunge – as map reveals when & where flurries will hit – The Sun
THE Met Office has warned that snow could hit parts of the UK this week with an icy -4C plunge on the cards.While Storms Eowyn and Herminia…
Singapore economy grows 4%, beating forecasts | Business and Economy
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary…
Germany’s inflation misses forecasts in November: Bund yields fall
Germany's headline inflation rose to 2.2% in November, below forecasts, with a sharp 0.2% monthly drop signalling disinflation. Core inflation hit 3.0%, the highest since…
US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts | Financial Markets
The tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.US tech stocks have catapulted the Nasdaq…
Uruguay headed for run-off vote in presidential race, forecasts suggest | Elections News
Leftist history teacher and centre-right veterinarian set for run-off vote next month, according to pollsters.Polling stations in Uruguay have closed in a presidential election race…
Charting the Global Economy: US Inflation Exceeds Forecasts
Breadcrumb Trail LinksPMN BusinessUS inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for…
BBC Weather app forecasts hurricane force winds
The BBC Weather website and app are suffering a data fault issue, meteorologists have said, after forecasts showed hurricane force winds hitting the UK. Graphics…
Cummins forecasts bigger roles for Green, Marsh in Australia-India series | Cricket News
Pat Cummins expects his two powerful all-rounders to make a larger impact in the upcoming series between the two highest-ranked test-playing nations.Australia captain Pat Cummins…
Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressDamian J. TroisePublished Jul 11, 2024 • 2 minute read You can save this article by registering…
Fed Officials Dial Back Rate Forecasts, Signal Just One ’24 Cut
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Why economist forecasts of a U.S. recession were so wrong
Breadcrumb Trail LinksInvestorFinancial TimesThe factors that explain why a contraction has been a no-showAuthor of the article:Financial Times Edward YardeniPublished May 27, 2024 • 3…
Stubborn Inflation Poses Risk to Recently Upgraded US Forecasts for Economic Growth
Breadcrumb Trail LinksPMN BusinessSo far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and…
Brewing up demand: Heineken’s foaming beer sales beat analysts’ forecasts
The Dutch brewer sold more beer in Q1 compared with the same time last year, with sales of premium brands doing particularly well. ADVERTISEMENTHeineken, the…