According to a report by the US Federal Reserve, the economy in the USA has hardly grown at all recently. According to the economic report published on Wednesday (Beige Book), economic activity has remained largely stable. There has been slight growth in some districts, while activity in other districts has remained stable or even shrunk. The assessment is therefore somewhat more cautious than at the end of November. The entrepreneurs and experts surveyed only expected slight economic growth in the...
Status: 03.11.2022 08:15 a.m The DAX group Zalando has reduced its earnings forecast. The online fashion retailer is clearly feeling the reluctance of customers to buy in times of high inflation rates. Despite a jump in earnings in the third quarter, Europe's largest online fashion retailer Zalando is pessimistic about the future: "The consumer climate has reached a new low and inflation is still high," said CFO Sandra Dembeck in the morning when the quarterly figures were presented. Zalando is...
Status: 28.10.2022 09:57 am Because of the high inflation worldwide, the US online giant Amazon expects only a small increase in sales in the Christmas trade. The third quarter was not exactly great either. Stocks collapse. The world's largest online retailer, Amazon, is expecting surprisingly weak Christmas business in view of increased inflation and fears of a recession. For the current fourth quarter - usually the strongest in terms of sales - the group is forecasting revenues of only 140...
Business online retailer Amazon expects sluggish Christmas business – share collapses by 20 percent Status: 06:32 a.m | Reading time: 3 minutes Amazon only expects meager growth Source: AP/Ross D Franklin Amazon is not expecting any presents under the Christmas tree this year: The online retailer only expects sales of 140 to 148 billion dollars for the current fourth quarter. Analysts had hoped for more. That doesn't go down well with investors. Dhe world's largest online retailer, Amazon, expects surprisingly...
Status: 09/13/2022 1:42 p.m Financial market experts expect the economy to deteriorate significantly. This is shown by the current economic barometer from the Mannheim Center for European Economic Research ZEW. The economic situation will deteriorate significantly in the coming months. This is the assessment of the Mannheim Center for European Economic Research in its monthly survey of financial market experts. The analysts and institutional investors assess both the current situation and the development of the next six months more negatively...
Strangled by inflation, the French are pessimistic about their financial situation and the evolution of the standard of living. Household morale continued to decline in June for the sixth consecutive month, INSEE reported on Tuesday. The indicator which summarizes household confidence lost three points and fell to 82, well below the long-term average which is 100, and lost three points over one month, specifies the National Institute of Statistics.The balance of opinion of the French on their past financial situation...
According to a survey, the economic consequences of the Ukraine war are hitting German industry and the construction sector particularly hard. The mood there has deteriorated significantly. The German Economic Institute (IW) therefore sees industry and the construction industry on the verge of recession. In this case, production would no longer grow but shrink. Hopes for the German economy rest on the service industry, which expects better business than 2021 this year due to the end of the restrictions to...
Economy Industry and construction are pessimistic about the future According to a survey, the economic consequences of the Ukraine war are hitting German industry and the construction sector particularly hard. Photo: Soeren Stache/dpa-Zentralbild/dpa © dpa-infocom GmbH The Ukraine war burdens many companies in Germany. There are basically only rays of hope among the service providers. Is an employment and investment crisis looming? According to a survey, the economic consequences of the Ukraine war are hitting German industry and the construction...
Karl Nehammer does not return from Moscow with good news in his suitcases. The Austrian Chancellor, the first European leader to be received by Vladimir Putin since the start of the intervention in Ukraine, said Monday he was "pessimistic" about the "logic of war" of the Russian president."If you ask me now whether I'm optimistic or pessimistic, then I'm rather pessimistic," he said after his meeting. “We should have no illusions. President Putin has massively entered into a logic of...
