forecast

The World Bank has raised its expectations for Saudi Arabia’s economic growth to 5.9 percent in 2025 from 4.2 percent predicted earlier in January. In its latest report the bank, however, revised its 2024 forecast for the Kingdom’s gross…
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US crude production will rise to record highs in 2024 and 2025, but will grow less than it did last year, the U.S. Energy Information Administration said on Tuesday. In its Short-Term Energy Outlook, EIA projected US crude production…
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Netflix Inc. said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter. It plans to…
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Gold prices eased on Thursday as a rebound in US Treasury yields tempered bullion’s safe-haven demand stemming from the Ukraine crisis and its potential impact on the global economy. Spot gold was down 0.4 percent at $1,950.61 per ounce,…
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Nissan Motor Co reported on Tuesday a second quarter operating profit of 62.8 billion yen compared with a loss of 4.8 billion yen a year earlier as sales rebounded from a pandemic slump. That result for the three months to Sept. 30 was…
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