Mastercard forecasts weaker revenue growth on economic slowdown fears

[ad_1] [1/2]A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing Rights Oct 26 (Reuters) – Mastercard (MA.N) on…

Sweden’s SSAB Q3 profit beats forecasts despite slowdown

[ad_1] Adds details on EBIT in paragraph 2 STOCKHOLM, Oct 25 (Reuters) – Swedish steelmaker SSAB SSABa.ST reported a smaller than expected drop in third-quarter operating profit on Wednesday, citing…

Hermès outshines luxury rivals amid sector slowdown

[ad_1] French company surprises as global economic uncertainty drags down luxury fashion segment. ADVERTISEMENT Hermès has reported third-quarter sales of €3.37 billion, up by 15.6%, surpassing analysts’ expectations. The announcement…

Gucci sales decline amid luxury slowdown | Retail News Italy

[ad_1] Image Courtresy : https://robbreport.com Gucci sales fell as Kering SA’s biggest brand grapples with the twin challenges of a luxury goods slowdown and internal tumult. Gucci’s third-quarter comparable revenue…

How China slowdown will hit African markets

[ad_1] Global Markets How China slowdown will hit African markets Monday October 23 2023 An exterior of the International Monetary Fund (IMF) headquarters in Washington, DC. FILE PHOTO | AFP…

Amex: corporate spending slowdown need not jangle nerves

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The era of revenge spending is coming to a…

Nokia axes up to 14,000 jobs in telecoms slowdown

[ad_1] Finnish company Nokia is letting go of at least 10% of its staff, following disappointing third quarter results. The telecoms sector is experiencing decreased activity globally, resulting in thousands…

Economic slowdown depressing demand for loans in Italy – ABI – English

[ad_1] (ANSA) – ROME, OCT 14 – The economic slowdown, combined with the effects of the European Central Bank’s interest-rate hikes, is depressing demand for loans, Italian banking association ABI…

Inflation rose just 3.7% in September, continuing a gradual consumer price slowdown

[ad_1] Inflation rose 3.7% in September, compared to one year ago, extending a gradual slowdown in consumer prices. On a month-over-month basis, inflation rose just 0.4%. The Bureau of Labor…

UK vacancies fall but jobs market slowdown may be ending-REC

[ad_1] View of Canary Wharf business district at dusk in London, Britain March 9, 2021. REUTERS/Peter Cziborra/ File Photo Acquire Licensing Rights LONDON, Oct 11 (Reuters) – British employers cut…