Barclays Capital said in its Global Outlook report released Thursday that the U.S. will not fall into recession this year.
Thus the lowering of its global growth outlook didn't sting all that much.
The World Bank has cut its 2013 global growth outlook, blaming a slower-than-expected recovery in developed nations.
Morgan Stanley said Thursday that it had reduced its outlook on global economic growth, with specific regard to the slower-than-expected recoveries in the U.S. and the euro zone.
United Parcel Service (UPS) announced that quarterly results missed forecasts, and it also cuts its 2012 outlook due to global uncertainty.
The magazine publishers are right, but the newspaper publishers are not, according to a PricewaterhouseCoopers, which just released its annual global entertainment and media outlook.
On Tuesday, the IMF released the latest iteration of its World Economic Outlook, in which it downgraded its projections for global growth to 3.3% this year and 3.6% in 2013 (from 3.5% and 3.9% respectively in July).
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It took Intel, for example, until last month to inform shareholders that its fourth-quarter results will not match its earlier outlook, due to a global shortage of hard disk drives related to the flooding.
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Fitch Ratings agency is anything but optimistic about the Eurozone debt crisis in its latest bi-annual global Sovereign Review and Outlook report.
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FedEx, one of those companies considered to provide an x-ray of global markets, posted first quarter earnings before the bell on Thursday, spooking the world as it cut its full-year outlook and said the global economy would grow slower than expected.
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Moreover, Mr. Chambers clearly stated that notwithstanding the uncertainty in the global economic outlook, he is optimistic that Cisco will deliver because of its positioning and winnings in the global markets.
The Dow component, seen as a bellwether for global economic growth, cut its full-year outlook.
But the prime minister stressed that Russia has a global outlook and will continue dialogue with its European friends and partners.
During a trip last week to Chongqing, businesspeople from different fields told me its economy is basically healthy, though uncertainty hangs over the leadership jobs at some state-owned companies, the global business outlook and efforts by China to restructure its own economy.
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British Airways' chief executive, Rod Eddington, has said that the combination of SARS, the war in Iraq and a weak economic outlook mean that the global airline industry is facing its toughest crisis in living memory.
Its main exports remain metals and energy commodities, so as the global growth outlook stagnates at best, a drop in exports could put a damper on the economy.
Fellow Dow Jones industrial average component 3M also slashed its outlook for the year, while United Parcel Service blamed slower global trade for its earnings whiff.
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Standard Chartered said it sees a rosier economic outlook in many of its Asian markets this year, after a global economic slowdown put the brakes on profit growth last year.
All will be sharing expertise that has been honed by the truly global outlook of IESE, which currently runs programs on four continents, and its desire to make a positive impact on society.
With the benefit of the viewpoints exchanged at the G20 session, what now is your outlook for the global economy, and maybe with just an eye toward its impact on the APEC economies?
The outlook for global growth also got a boost after the European Central bank cuts its benchmark interest rate a quarter of a percentage point to 0.5 percent.
For example, the Conference Board in the November 2012 Global Outlook (see chart below) forecasted an annualized growth rate of 2.3% in its base case for the years 2013-208 and a further reduced annualized growth rate projection of 2.0% in its base case for the years 2019-2025, representing a distribution of roughly 18% of overall World output.
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In its latest World Economic Outlook, the IMF identifies four reasons: China's exchange rate, its terms of trade, global spending and China's own investment expenditure.
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