10 h. ago ECB’s Rehn Says Disinflation on Track, Growth Outlook Weakening

The European Central Bank’s outlook is unclear because of US tariff policy, according to Governing Council member Olli Rehn.

Economics

10 h. ago ECB’s Rehn Favors a Rate Cut in June If Justified by Forecasts

The European Central Bank should cut its interest rate next month if its new forecasts confirm an outlook of disinflation and waning growth momentum, according to Governing Council member Olli Rehn.

Other

35 h. ago Takeda Announces FY2024 Full Year Results and FY2025 Outlook Reflecting Growth & Launch Products Momentum, Strong Cash Flow Generation and Late

Core Revenue Growth of 7.4% at Actual Exchange Rates (AER), + 2.8% at Constant Exchange Rate (CER) in FY2024 Core Operating Profit Growth of 4.9% at CER with Efficiency Program Driving Cost Savings Up to Six New Molecular Entities in Phase 3 Development in FY2025 with Three Phase 3 Data Readouts Recently Completed or Anticipated […]

Other

3 d. ago Philips delivers on Q1 results, with ongoing order intake growth

May 6, 2025 Q1 2025 Group performance Group sales EUR 4.1 billion, reflecting a 2% decline in comparable sales growth mainly due to China; slightly ahead of company outlook due to Personal Health growth and royalty phasing Comparable order intake increased 2% despite China decline Income from operations increased to EUR 154 million Adjusted EBITA […]

Other

8 d. ago IMF Cuts Growth Outlook for Gulf Oil Producers After Price Slump

The International Monetary Fund downgraded its growth forecasts for oil exporting countries in the Middle East and North Africa, including Saudi Arabia and Iraq, citing escalating global trade tensions and lower energy prices.

Economics

1 week ago ECB’s Vujcic Says Current Tariffs Not Worst Scenario for Europe

European Central Bank Governing Council member Boris Vujcic said the current configuration of US tariffs isn’t the most detrimental for euro-zone growth — striking a more upbeat tone on the outlook than some of his colleagues.

Economics

2 w. ago Tesla Signals Caution, Says It Will Revisit 2025 Growth Outlook

Tesla Inc. backed away from an earlier view for 2025 sales growth and pledged to revisit its outlook next quarter, a sign that tariffs, an aging vehicle lineup and the backlash against Chief Executive Officer Elon Musk are having an impact on the electric-vehicle maker.

Other

4 w. ago Mexican Central Bank Says US Trade Tariffs Can Undercut Economic Growth Outlook

Mexico central bank members see odds of a weaker economy this year due in part to US tariff uncertainty, an outlook that incorporates greater chances of recession but can help tame inflation.

Economics