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Recession

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  • *Asian growth outlook dims with feeble China, India recovery. BANGALORE, July 24- The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing property market, Reuters polls showed.

  • BRASILIA, July 18- The market is getting ahead of itself if it thinks Brazil's central bank could start cutting interest rates again to rescue a weakening economy, a member of the government's economic team told Reuters.

  • KIEV, July 18- The International Monetary Fund expects to decide within weeks on issuing the second tranche of a $17- billion bailout to Ukraine, whose economy is likely to contract by 6.5 percent this year, its Kiev mission chief said on Friday.

  • AIX-EN-PROVENCE, France, July 6- Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, hinting at a slight cut in the Fund's growth forecasts.

  • Private equity struggles to make Spanish bull case Monday, 30 Jun 2014 | 7:58 AM ET

    *Leveraged buyouts in Spain last year half of 2007 level. LONDON, June 30- In Spain, an uncertain economic outlook and high levels of company debt mean a trickle of private equity deals are unlikely to turn into a flood just yet. "The current hype is huge- everyone wants to get a deal," said Alex Wagenberg, managing director of Carlyle Europe Partners in Spain.

  • *May current account deficit $664 mln, vs April's $643 mln deficit. BANGKOK, June 30- Thailand's central bank signalled on Monday that Southeast Asia's second-largest economy would avoid recession this quarter and said manufacturing and consumption "started to show signs of recovery" in May.

  • *Coming up: U.S. Weekly jobless claims at 1230 GMT. SINGAPORE, June 26- Gold slipped on Thursday as stronger equities dented the metal's safe-haven appeal and investors largely shrugged off weak U.S. economic growth numbers in favour of more recent data.

  • Iconic brands that disappeared Wednesday, 25 Jun 2014 | 4:51 PM ET
    "Work Hard. Fly Right" was the motto of Continental Airlines. However, as of Saturday morning, all Continental flights fly the friendly skies as United Airlines flights instead, per the companies' 2010 merger agreement.Even the most iconic brand can plunge into extinction, and when it does, it can be years before the buying public realizes that it's gone. Many people are still not aware that they can no longer fill it to the rim with Brim, or that the streets are no longer paved with bargains at

    Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.

  • "Houston has had this incredible growth rate but the lack of skilled workers could slow us down," said Patrick Jankowski of the Greater Houston Partnership. The Houston economy grew 5.3 percent in 2012, trailing only San Francisco while outpacing the wider U.S. economy, according to the most recent data available from the Bureau of Economic Analysis.

  • WASHINGTON, June 18- The Federal Reserve on Wednesday slashed its forecast for U.S. economic growth this year but expressed confidence the recovery was largely on track and would allow it to begin raising interest rates in 2015..

  • OECD sees U.S. growth accelerating through 2015 Friday, 13 Jun 2014 | 9:30 AM ET

    WASHINGTON, June 13- The U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the Organization for Economic Cooperation and Development said on Friday.

  • *Saha Group expects sales up 5 pct in 2014. BANGKOK, June 3- Thailand's largest consumer product conglomerate Saha Group forecast on Tuesday 5 percent sales growth for this year, saying it expected the military government would soon implement economic reforms to restore confidence after a coup.

  • US entering a recession? That's what trader claims Tuesday, 20 May 2014 | 6:56 PM ET

    In a "way out there call," trader explains why he thinks the U.S. is entering a recession. But another pro disagrees.

  • ABN AMRO sees slightly lower 2014 loan impairments Friday, 16 May 2014 | 1:57 AM ET

    BRUSSELS, May 16- Dutch state-owned bank ABN AMRO reported a 30 percent rise in first-quarter underlying net profit on Friday and said loan impairments would take some time to fall to normal levels although should be slightly lower this year. ABN AMRO said loan impairments remained elevated, reflecting the weak state of the domestic economy.

  • WARSAW, May 14- The European Bank for Reconstruction and Development slashed its regional growth forecasts in half on Wednesday and warned of damage to the world economy if the crisis in Ukraine sends Russia into recession.

  • LONDON, May 14- European shares eased back from multi-year highs on Wednesday and the euro licked its wounds after slumping to a five-week low as the focus shifted to an economic outlook from the Bank of England for clues on when UK interest rates will rise.

  • WASHINGTON, May 7- Federal Reserve Chair Janet Yellen prepared the following remarks on the U.S. economic outlook for her testimony to the congressional Joint Economic Committee on Wednesday. Current Economic Situation and Outlook.

  • *To give outlook update for Russia on May 13. PARIS, May 7- Societe Generale, France's second-largest listed bank, has written down the acquisition value of Russian arm Rosbank by 525 million euros, blaming the economic uncertainty caused by Russia's soured relations with Ukraine.

  • MOSCOW, May 6- Russia's economy is likely to shrink again in the second quarter of 2014, a senior finance ministry official was quoted as saying on Tuesday, after contraction began in the first three months of the year.

  • Russia 'probably in recession': Pro     Thursday, 1 May 2014 | 4:20 AM ET

    Neil Shearing, chief emerging markets economist at Capital Economics, says Russia is probably in recession and that despite the IMF program, it will be very difficult to see economic stability in Ukraine.