recession


Autumn Statement 23: 'Last Roll Of The Dice' For Government Pre-election

Markets - Published date: .

Today’s (22 November) Autumn Statement was dubbed a last-ditch attempt for the government to bolster its political p... Read more

German Recession: Holidays Must Stay Affordable For Average Earners, Says Travel Chief

Expat - Published date: .

German travel sales have bounced back after the pandemic but with fewer holidaymakers enjoying them. Read more

UK Recession 'can Still Be Avoided' As GDP Grows 0.2% In Q2

Markets - Published date: .

The UK economy grew by 0.2% in the second quarter of 2023, according to unrevised data from the Office for National St... Read more

EToro: Recession Becomes Top Concern For UK Retail Investors

Markets - Published date: .

The prospect of a recession in the UK has spooked retail investors, who cited it as their biggest concern, according t... Read more

Peterson Institute: UK Economy To Decline In 2023 And 2024 As US And Eurozone Grow

Markets - Published date: .

The UK economy is set to shrink both this year and in 2024, while the US and euro area will see subdued growth, accord... Read more

Infosys Projects Weak Sales Outlook, Shares Dive

World - Published date: .

The company forecast annual revenue growth to range between 4% and 7%, falling short of the average analyst estimate of ... Read more

Indian Firms Must Focus On Skilling Workforce, Flexibility. HR Survey

Banking - Published date: .

50% organisations don't have clarity on skills their employees will need in future, it says Read more

Ready Homes Likely To Hit 6-year High In 2023, Says Anarock Report

Banking - Published date: .

2023 likely to witness most ready-to-move homes in 6 yrs Read more

FMCG Cos Expect Fewer Price Hikes, Robust Growth In 2023 Despite Headwinds

Banking - Published date: .

Industry strong enough to withstand another Covid hot for at least two quarters; global recession to have little impact;... Read more

Amid Global Recession Fears, IT Firms May Go Slow On Hiring In 2023: Report

Banking - Published date: .

The hiring rate for the IT sector is likely to grow by only 10 per cent in 2023, almost half of the 15-20 per cent rise ... Read more

Mindtree Reports 27.5% Jump In Net Profit For Sep Qtr

World - Published date: .

The company registered 44% growth in its order book on a TCV basis to $518 million during the quarter Read more

IT Companies To Hire 20% Less People In Next Financial Year: Report

Banking - Published date: .

Despite strong indicators in the software market, Indian tech companies have been facing high attrition and narrowing ma... Read more

86% Of Global CEOs See Recession Within 12 Months, Finds KPMG Survey

Banking - Published date: .

46% of corporate leaders considering job cuts over the next six months Read more

UK Economy Unexpectedly Shrinks In March As Recession Risks Loom

Hedge Fund - Published date: .

The BoE has raised interest rates four times since December, and is likely to increase them further this year to tame in... Read more

UK To Enter Recession This Year, Think-tank NIESR Forecasts

Hedge Fund - Published date: .

NIESR cut its UK growth forecast for 2022 to 3.5% from 4.8%, and downgraded its 2023 forecast to 0.8% from 1.3% Read more

Japan Exits Recession As GDP Grows 5.0% In Q3

Hedge Fund - Published date: .

The positive figures come after three quarters of contraction in the world's third-largest economy. Read more

UK Retailer M&S Axes 7,000 Jobs On Coronavirus Fallout

Breaking - Published date: .

The job cuts, to be carried out over the next three months, include losses from its central support centre, in regional ... Read more

Australia Extends Stimulus Spending As 'COVID Recession' Looms

Hedge Fund - Published date: .

Between February and May, two million Australians had already lost their jobs or saw hours significantly cut. Read more

Angry EU Leaders Battle To Save Deadlocked Virus Recovery Summit

Hedge Fund - Published date: .

The marathon talks chaired by EU Council President Charles Michel failed to yield agreement over the size, rules for a 7... Read more

EU Leaders Launch Talks On Huge Virus Recovery Plan

Hedge Fund - Published date: .

Europe faces its biggest recession in the bloc's 63-year history, and states are under pressure to look beyond their own... Read more