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News
- Indian factory output growth slows sharply
Growth in India's industrial production slowed sharply to 1.8 percent year-on-year in December, data showed Friday, reflecting the impact of a string of aggressive interest rate hikes and weak global conditions. - Australian central bank cuts growth forecasts
Australia's central bank Friday trimmed its growth and inflation forecasts for the year to June and signalled it has leeway to cut interest rates amid uncertainty over Europe's debt crisis. - Michelin sets high growth targets after solid 2011
French tyre maker Michelin set ambitious growth targets for the years ahead after posting Friday a 39-percent increase in next profit in 2011 to 1.46 billion euros ($1.93 billion) - December factory growth dismal
The lower industrial output growth in the month was on expected lines as the eight core industries had registered a muted growth of 3.1 per cent in December, mainly because of the slackening output of crude oil, steel and natural gas. The core sector grew 6.3 per cent in December 2010. The eight industries together contribute 37.9 per cent to the overall IIP. - Industrial output growth slows sharply in December
By Rajesh Kumar Singh NEW DELHI (Reuters) - Indian industrial production growth slowed sharply in December as capital investment remained weak, adding to pressure on the RBI to start cutting interest rates ... - General Growth Properties Reports Fourth Quarter Results
CHICAGO, Feb. 8, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP - News) (“GGP” or the “Company”) today reported financial and operational results for the three months ended December 31, 2011.Results ... - IEA cuts 2012 oil demand growth forecast yet again
LONDON (Reuters) - Global oil demand will grow by less than 1 percent in 2012, the International Energy Agency (IEA) said on Friday, cutting its oil growth demand forecast for a sixth consecutive month due to a weak global economy. The agency, which provides energy advice to the world's most industrialised nations, cut its global oil demand growth forecast for this year by 250,000 barrels per ... - World beer market 2011 growth picks up to 2.7 percent: report
LONDON (Reuters) - Growth in the world beer market picked up to reach 2.7 percent in 2011 as growth continued to strengthen driven by emerging markets, and is predicted to grow at 2.5 percent this year, industry research group Plato Logic said on Wednesday. The researcher upgraded its 2011 figure from its 2.5 percent volume growth estimate made back in September 2011 as the recovery in the ... - What's Fueling BE Aerospace's Growth?
BE Aerospace (Nasdaq: BEAV - News), supplier of aircraft interiors, consistently posted high growth numbers all through 2011. Its bottom line in the first three quarters of 2011 grew by 49%, 47%, and 59%, respectively. In its latest quarter, BE Aerospace's income rose by a staggering 84% compared to last year. - RBA Says Slower Growth and Inflation Boost Rate-Cut Scope
The Reserve Bank of Australia lowered its forecasts for growth and inflation this year, enabling policy makers to reduce the benchmark interest rate should the economy weaken significantly.
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