GDP: Fitch Raised India’s GDP Forecast to 6.3% for 2023-24

GDP: The rating agency said on Thursday, “The Indian economy is broadly strong. In the first quarter (January-March) of 2023, it grew at an annual rate of 6.1 percent. Vehicle…

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Fitch Cuts Global Growth Forecast to 3.5% This Year

Fitch this Monday cut the forecast for world GDP growth this year to 3.5%, and in the case of the euro zone the agency revised downwards the estimate to 3%…

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Spotify Forecast Sends Stock Plummeting

Music provider disappoints analysts with bad numbers in new customer business. In Tokyo, meanwhile, Sony reports problems with the PlayStation console. The music streaming market leader Spotify has missed expectations…

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Britain Cuts its Economic Growth Forecast to 4% in 2021

British Treasury Secretary Rishi Sunak announced today, Wednesday, that the UK’s GDP growth in 2021 will reach 4 percent and 7.3 percent in 2022. The situation in Britain with the…

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Hellofresh Exceeds Expectations And Increases the Forecast

The cooking box supplier Hellofresh is swimming on a wave of success in the Corona period. In the second quarter, the company increased its sales by 123 percent to 972.1…

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Microsoft Quarterly Revenues Beat Forecast

Microsoft released fourth quarter earnings that beat analysts ‘forecasts on Wednesday, with revenues missing from experts’ forecasts. The group also released earnings per share, which touched $ 1.46 with revenues…

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Credit Suisse Lowers Forecast

Centrica yesterday appointed a new financial director, halved the size of the board of directors and postponed the restructuring of 2020E and 2021E mainly to the second half of 2020E….

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