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Germany’s BASF has revised its forecast for 2018 profits downwards. It now expects earnings before interest and tax before special items (EBIT) to fall by 15–20% compared to last year’s €7.6 billion. Read more

Ongoing trade tensions between the US and China are likely to hit global growth in 2018 and 2019 – this is according to the latest world economic outlook from the International Monetary Fund, published twice yearly. Read more

The first three quarters of of 2018 have seen Polish property developer ROBYG Group hand over 1350 contracted units, which is in line with its target. In 2018, the company plans to win contracts in the order of of 2700–3000 units. Read more

From a UK perspective, it’s been easy to assume Brexit is the biggest worry around. The dithering, obfuscation and interminable delays have become a permanent fact of daily life, and with little prospect of an end to the uncertainty for business. Read more

India’s largest multinational flexible packaging materials and solution company Uflex Limited has declared its earnings for the quarter ending 30 June 2018. Read more

Figures from the Federal Statistics Office show that Germany’s factory orders have seen the biggest drop since early 2017. Read more

Rolls-Royce is to cut 4,600 jobs over the next two years in the UK as part of a restructuring programme. This comes after the jet engine maker recorded a loss of £4.6bn in 2017. It is expected that the majority of cuts will affect middle management a Read more

There was plenty of positive news – and some notes of caution – from the European Commission’s Spring 2018 Economic Forecast, announced yesterday. Read more

Europe’s plants – led by Germany – to create their own monetary fund to replace the International Monetary Fund in times of crisis now appear to have been put on hold. Read more

There is just one year to go until the UK is due to split from the European Union and at first glance the economy doesn’t seem to have imploded as some predicted. Read more

Germany’s financial hub Frankfurt is reckoning on 8000 new banking jobs as a result of the Brexit exodus from the city of London. Read more

The euro fell back from a five-week high on Tuesday, as concerns about weak inflation and a slowdown in company borrowing raised questions about the momentum of the euro zone’s economic expansion. Read more

For the fifth consecutive year, Sepro Group (La Roche sur Yon, France), a major global producer of robots for plastic injection moulding machines, has set new records for robot sales. Read more

The euro zone economy is enjoying robust growth and may even outperform expectations in the near term, the European Central Bank said in a regular economic bulletin on Thursday. Read more

As Donald Trump’s ‘America First’ trade agenda turns from steel imports to Asian technology and intellectual property, a global trade war is now seen as the most serious risk for global investors, according to a recent survey. Read more

Euro zone creditors are expected to disburse new loans to Greece this month and are working on debt relief measures, the head of the bloc’s finance ministers said on Monday, steps that should help underpin its economic recovery. Read more

The clock is ticking for John Cryan to complete the next step in Deutsche Bank AG’s turnaround. Read more

Stocks in Europe extended a rally in global equities following a muted session in Asia due to holiday closures. Treasury benchmark yields halted their surge at around 2.9 percent as the dollar fell to a three-year low against major peers. Read more

Asian stock markets fell sharply on Tuesday, building on the heavy selling in the U.S. a day earlier. Read more

Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Read more

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