Telecom Italia (TIM) (TLIT.MI), facing a takeover approach from U.S. fund KKR (KKR.N), has cut the 2021 earnings forecast for its domestic…
The luxury goods sector is set to move past the coronavirus crisis this year, fuelled by domestic spending in the…
Standard Chartered (STAN.L) forecast flat income for the full year amid "uneven" economic recovery from the pandemic, even as it turned in…
Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when…
Enterprise software firm Oracle Corp (ORCL.N) fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the…
Cleveland Federal Reserve Bank President Loretta Mester said on Monday that the U.S. economy is recovering strongly but she is…
Australia's economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for…
Cisco Systems Inc's (CSCO.O) first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain…
Asian shares slid on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of…