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GROWTH FORECAST
India's growth gets further votes of confidence as Moody's raises FY27 forecast to 7% from 6.5%Moody's Ratings has raised India's economic growth forecast for 2026-27 to 7% from 6.5%. This adjustment reflects the nation's strong consu...
CoreWeave stock today: Why CRWV shares jumped over 16% before market open after earnings beat and what analysts expect nextCoreWeave stock surged more than 16% in premarket trading after the company reported 168% revenue growth and raised its 2026 forecast. The ...
Sterling drops against firmer dollar as markets price in a hawkish FedThe pound fell against the dollar following strong US inflation data and comments from Federal Reserve officials. Despite recent hawkish ex...
Moody’s raises India FY27 growth forecast to 7% as economy weathers Iran war energy shockMoody’s Ratings has raised India’s FY27 growth forecast to 7% from 6.5%, citing resilient domestic consumption, improving investment and th...
Morgan Stanley, Nomura sharply differ on AI chip outlook for SK hynix, SamsungGlobal investment banks Morgan Stanley and Nomura have sharply differing views on the sustainability of the artificial intelligence (AI)-dr...
Chipmaker Infineon forecasts strong 2027 growth on data-centre demandThe German chipmaker reported fourth-quarter revenue of €4.706 billion ($5.28 billion) and a segment result of €1.119 billion, yielding a s...
Charting the global economy: Job growth in US tops all forecastsUS employment rose significantly last month, with the jobless rate declining to 4.1%, indicating robust economic activity. Labor productivi...
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflationIn a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next yea...
Uber's profit forecast disappoints as driver shortages, Middle East conflict hurtThe company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the compa...
Coca-Cola HBC raises 2026 revenue growth forecast on strong demandCoca-Cola HBC has upgraded its annual organic revenue growth outlook, driven by successful pricing strategies and heightened consumer deman...
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start upCanva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve proj...
AMD forecasts quarterly revenue above estimates as data-center growth acceleratesThe company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running mod...
S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earningsS&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earn...
Ferrari nudges up full-year forecasts after beating consensus in Q3Ferrari has revised its earnings outlook for 2026 due to impressive third-quarter performance that exceeded expectations. The company noted...
Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
IMF flags Super El Niño risks to India’s growth, says impact yet to materialiseAccording to the IMF, India continues to act as a significant growth engine within the global economy. Despite looming threats posed by wea...