Goldman Sachs says it’s too early for “recession obsession.”
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Goldman says recession risks are growing, but it’s too early to worry. Here’s why
World
European stocks set for muted open; UK economy grows more than expected
Carlsberg’s second-quarter sales miss expectations on soft volumes Brent Lewin| Bloomberg | Getty Images Danish brewer Carlsberg on Thursday reported slightly weaker-than-expected second-quarter sales on weaker volumes, but nevertheless raised its 2025 guidance towards the upper end. The world’s third-largest brewer posted revenues of 25.7 billion Danish kroner ($4 billion) in the three months to […]
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UK economy grows by better-than-expected 0.3% in second quarter
Thousands of sunbathers enjoy the hot, sunny weather on Brighton Beach in East Sussex. An amber heat-health alert is active nationwide, with temperatures expected to reach 34°C, during the UK’s fourth heatwave of the year. Sopa Images | Lightrocket | Getty Images The U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according […]
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Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take
Job cuts and muted earnings in India’s IT sector have left some investors wondering if they should steer clear of such stocks. Tata Consultancy Services, one of the country’s biggest private sector employers, announced last month that more than 12,000 staff in mostly middle and senior management roles would be cut. That accounts for around […]
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