U.S. companies will earn more than European companies
U.S. companies will outperform their European peers in the upcoming earnings season JPMorgan strategists predict that U.S. companies will significantly outpace their European peers in profit growth this earnings season. For detailed insights, you can visit the original source here. Lower expectations for S&P 500 companies played a crucial role as analysts slashed their forecasts despite strong U.S. economic growth. Also read: Economic impact of US TikTok ban European expectations bring challenges In contrast, European companies face "much stronger" expectations, strategist Mislav Matejka said. This situation could cause difficulties for European companies, especially given the differences in the momentum of activity across regions. The situation creates additional risks for European stocks, especially after one of the most challenging years for the region's stock market performance relative to the United States. There are differences in performance indicators Last year, the Stoxx 600 lagged the S&P 500 by more than 17 percentage points, its second-worst relative performance since 1998. Factors such as…
The economic impact of the U.S. ban on TikTok
The impending U.S. ban on TikTok could cost the U.S. economy billions of dollars and disrupt a vital platform for millions of U.S. businesses and social media entrepreneurs. According to a report from Yahoo Finance, the app's disappearance won't have a major impact on the overall U.S. economy, but could hurt the booming sub-economy built around it. Also read: China considers selling TikTok's US operations to Elon Musk Data from the IndexBox platform shows that TikTok has approximately 170 million U.S. users, its influence spans various industries, and will contribute more than $24 billion to the U.S. economy by 2023. Although TikTok reportedly generates more than $20 billion in annual revenue, this figure remains difficult to verify. The app's impact is evident in individual cases, such as Ella Livingston's Cocoa Asante in Chattanooga, Tenn., which risks losing $25,000 in monthly sales and potentially forcing part-time workers to be laid off. In addition, TikTok's digital store's gross merchandise value in the…
World Bank warns of proposed global economic impact
The World Bank has issued a warning report on the impact of proposed U.S. tariffs, suggesting global economic growth could be hampered if countries retaliate with tariffs of their own. According to Reuters, the imposition of a comprehensive 10% tariff may further reduce global economic growth in 2025 by 0.3 percentage points from the expected 2.7%. In addition, potential retaliation could reduce the U.S. economic growth forecast for 2025 by 0.9%, or 2.3%. Also read: World Bank warns it could take more than a century to end poverty in half the world The World Bank's Global Economic Prospects report highlights that the global economic outlook is essentially stagnant, with growth rates of 2.7% in 2025 and 2026, the same as in 2024. Additionally, IndexBox data shows a significant increase in global trade restrictions, now five times greater between 2010 and 2019. Combined with the fact that foreign direct investment in developing economies has halved since the early 2000s, it paints…
As the global economy rises, developing economies face sluggish growth
Long-term growth prospects weaken for first time this century The latest World Bank report shows that developing economies, which contribute 60% to global growth, are facing the weakest long-term growth forecast since 2000. global economic outlook Report. Although the global economy is expected to stabilize, with growth expected to be 2.7% in 2025 and 2026, developing countries are still making slow progress in narrowing the income gap with advanced economies. Also read: World Bank warns it could take more than a century to end poverty in half the world In the next two years, developing economies are expected to maintain growth of around 4%. However, this pace is below pre-pandemic levels and insufficient to alleviate poverty or achieve broader development goals. Main findings The report provides a comprehensive review of the performance of developing economies in the first quarter of the 21st century. It highlights three important trends: 1. Decline in growth rate: Growth in these economies fell from 5.9%…
U.S. inflation shows signs of cooling, but caution remains
Although the Federal Reserve remains cautious on cutting interest rates, underlying U.S. inflation appears to be cooling slightly at the end of 2024. According to a recent report from Bloomberg, the Consumer Price Index (CPI) excluding food and energy is expected to rise 0.2% in December, after rising 0.3% in the previous four months. Core CPI, a more accurate measure of underlying inflation, is expected to rise 3.3% year over year, unchanged from the past three months. Also read: CMA CGM defers peak season surcharge on shipments to US Although inflationary pressures appear to be stalling, the job market continues to perform strongly. Government data showed more than 250,000 jobs were added in December, beating expectations, while the unemployment rate unexpectedly fell. A strong job market coupled with resilient consumer demand has not dampened long-term inflation expectations, with a University of Michigan survey highlighting that 22% of respondents plan to buy big-ticket items now to avoid future price increases, a…
Global economic growth is expected to remain stable
The United Nations predicts that global economic growth will remain at 2.8% in 2025, maintaining the growth rate set in 2024. According to Reuters, this trend is affected by the economic slowdown in the world's major economies, the United States and China. The World Economic Situation and Prospects report outlines how modest recoveries in the European Union, Japan and the United Kingdom, as well as strong performance in India and Indonesia, are expected to provide supporting momentum. Also read: Global economy stabilizes but faces slow growth and ongoing challenges Despite these positive indicators, the report noted that global growth expectations remain below the pre-pandemic decade average of 3.2%. The slowdown is due to structural challenges such as weak investment, slow productivity growth, high debt levels and demographic pressures. Affected by a cooling labor market and reduced consumer spending, U.S. economic growth is expected to slow to 1.9% in 2025 from 2.8% last year. At the same time, China's economic growth…
Falling U.S. factory orders reflect economic slowdown
New orders for U.S. manufactured goods fell in November, the latest government data showed, consistent with a broader economic slowdown observed at the end of the year. According to a report from Yahoo Finance, factory orders fell 0.4% after rising 0.5% in October. The decline in factory orders highlights ongoing challenges facing the manufacturing industry. Also read: Post-Christmas rejection surge in U.S. truckload market The manufacturing sector, which accounts for 10.3% of the U.S. economy, continues to deal with the impact of the Federal Reserve's sharp tightening of monetary policy over the past two years. Aggressive strategies aimed at controlling inflation had a significant impact on production levels. IndexBox data further showed that broader economic pressures affected business spending, as evidenced by a 0.9% decline in orders for non-defense capital goods. Despite these challenges, there are optimistic signs of recovery. The Institute for Supply Management recently reported that its purchasing managers' index rose to a nine-month high, pointing to a…
Lithium suppliers negotiate tougher terms on price
Lithium buyers and sellers are having important annual supply discussions through 2025 as demand dynamics in the battery industry change. Producers are aiming for better terms after a challenging year for this important battery component. More details on the ongoing negotiations can be found here. Also read: Arkansas could be the future of U.S. lithium production While lithium prices are on track to fall for a second consecutive year, the steep decline seen previously appears to have reached its lowest point. IndexBox data shows that China's lithium carbonate exports in 2023 will be US$518.3 million, and imports will significantly exceed exports, reaching US$6.3 billion. The ongoing negotiations, involving major customers in the cathode, battery and electric vehicle industries, aim to limit discounts previously offered to battery supply chain customers. This strategic focus is intended to be consistent with modest improvements in market conditions over the coming year. Current deals are being discussed at discounts of 0 to 2% to the…
Focus on how Lithuania can be a great way to be diverse
When exploring new avenues for business growth or product portfolio expansion, it’s important to ensure you have the right partnerships in place. For entrepreneurs and investors in the United States, this is easier said than done, as there are many different networking avenues to choose from when looking to expand your international presence. However, although each region overseas has its own advantages and disadvantages business expansionCountries such as Lithuania have shown considerable advantages in establishing transatlantic partnerships. Its strategic location, strong government funding programs and culture of innovation make it the perfect location to watch. Here are some reasons why considering a partnership with Lithuania is a great move for established businesses and potential investors. Access to a highly skilled workforce Lithuania's booming economy and technological environment make it home to a variety of skilled professionals, many of whom show a keen interest in STEM (Science, Technology, Engineering and Mathematics) studies. This has resulted in a highly qualified workforce composed…
U.S. core capital goods orders surge in November
New orders for key U.S. manufacturing capital goods rose significantly in November, driven by strong demand for machinery and signaling a strong economy at the end of the year. Shipments of these items also increased for the second consecutive month, following encouraging consumer spending data last week, according to a Commerce Department report. Also read: U.S. shipping container imports to drop to $999 million in 2023 The economy's resilience prompted the Federal Reserve to adjust its expectations for an interest rate cut in 2025. Core capital goods orders, excluding defense and aircraft, climbed 0.7% after a slight 0.1% decline in October, beating Reuters economists' forecasts for a 0.1% rise. Meanwhile, shipments of these goods increased 0.5% after rising 0.4% the previous month, underscoring continued business investment trends. While machinery orders surged 1.0%, industries such as computers and electronics saw opposite declines. Specifically, transportation equipment orders fell 2.9%, mainly affected by a 7.0% decline in commercial aircraft orders, with Boeing's orders…
U.S. and Chinese tariffs weigh on copper prices
As 2025 approaches, copper prices are expected to face significant challenges as additional U.S. trade tariffs imposed by the Trump administration and uncertainty about the Chinese economy severely impact consumption and price expectations. Citigroup said it expects copper prices to average US$8,750 per ton in 2025, down significantly from its previous forecast of US$10,250 per ton. Analysts pointed to restrictive monetary conditions in advanced economies and reduced policy support for electric vehicles as factors that have delayed the recovery of global manufacturing activity until after 2025. Also read: The best copper import markets in the world The London Metal Exchange reported that copper in Shanghai was trading at $9,100.50 a ton, down 20% from a record high in May, due to lower demand from China and a stronger dollar. Despite the potential for fiscal stimulus from Asia's largest economy, President-elect Donald Trump's intention to impose a 60% tariff on imports from China and impose additional tariffs on goods from other…
Descartes’ research shows that nearly 90% of consumers
ATLANTA, Ga. and LONDON, UK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG) has released the results of its 2024 Home Delivery Sustainability Report: Environmentally Conscious Consumer Pressure Survey, which examined online consumers’ perceptions of their retailers’ sustainability practices surrounding their delivery operations. The third annual study shows that 57% of respondents are somewhat/very interested in sustainable home delivery services, however, 89% believe their willingness to pay more for sustainable delivery is limited by the current economic climate. Influence. Additionally, 34% said financial pressures significantly/dramatically affected this motivation. Also read: Descartes' annual e-commerce study reveals online buying growth, but 67% of consumers face delivery issues However, the promising news for the environment and retailers is that 99% of consumers surveyed are/willing to do more to reduce their environmental footprint, with a sizeable number (38%) saying they regularly/ Always make your purchasing decision based on: The environmental impact of a product or company. Providing and educating…
Smart travel: the positive impact of the exhibition industry on business
Listen to audio This week, we explore the impact of the MICE industry on global business travel, Wynn Resorts’ plans to expand its first casino in the UAE, the benefits and economic power of local tourism, Variety Cruises’ new European Itineraries - There's also the chance to score heavily discounted last-minute flights to Dublin, London and Paris. U.S. and China drive business travel recovery A new report from the World Travel and Tourism Council (WTTC) predicts that business travel spending will reach a new high of $1.5 trillion by the end of 2024. The United States and China are the major players, with business travel markets in both countries growing 13.4% and 13.1% respectively from pre-pandemic levels. Read more: Today’s best practices for visas and international travel Business travel has always been a significant economic driver, thanks in large part to the power of in-person meetings and events. "Business travel is not only back, it's exceeding expectations," said WTTC President…
Efficient transport fuels global growth
Great Britain Sports Cars (GBS) continues its global expansion thanks to a strong logistics partnership with Davies Turner. This partnership recently resulted in the successful shipment of two of GBS's famous Zero vehicles from the UK to the US. The Zero is a modern version of the iconic Lotus Seven/Caterham, shipped in kit form and carefully packaged in bespoke crates to ensure it arrives in perfect condition for final assembly. Since the partnership began in 2021, Davies Turner has been responsible for GBS’s FCL and LCL shipments, primarily to North America. With multiple shipments per year, the logistics provider ensures that GBS' handcrafted sports cars, whether complete or in kit form, are delivered quickly and safely. Derek Shepley, sales director at Davies Turner, praised the partnership: "GBS's dedication to craftsmanship and innovation is inspiring. We are proud to support its expansion into North America and beyond, providing bespoke logistics solutions that comply with local regulations." GBS director Richard Hall highlighted…
Supply Chain Finance: Unlocking Liquidity for Global Trade
In today’s interconnected global economy, the importance of efficient supply chain management cannot be overstated. As companies expand their operations across borders, they face numerous challenges, including volatile demand, rising operating costs, and complex payment processes. In recent years, supply chain finance (SCF) has become a solution that has received much attention. This financial approach not only helps companies optimize working capital, but also unlocks liquidity for global trade, making transactions smoother and fostering stronger supplier relationships. See also: Supply Chain Finance: Uncertainty in Global Supply Chains to Continue Understanding Supply Chain Finance Supply chain finance refers to a set of financial solutions that enhance the flow of funds within a supply chain. By leveraging the creditworthiness of buyers and optimizing payment terms, supply chain finance allows suppliers to receive payment for their goods or services in advance. This is often achieved through various mechanisms such as reverse factoring, inventory financing, and dynamic discounting. 1. Reverse decomposition: In this arrangement,…
Best import market for non-corrugated boxes
In today’s global economy, the paper packaging industry plays a vital role in ensuring that goods are transported safely and efficiently. Non-corrugated paperboard is one of the most common types of packaging used for a variety of products, from food to electronics. In this article, we’ll take a closer look at the world’s best non-corrugated paperboard import markets, based on data from the IndexBox market intelligence platform. Also read: Why corrugated-free boxes are the future of stylish and sustainable packaging 1. United States – $1 billion The United States is the world’s largest non-corrugated box import market, with imports valued at $1 billion in 2023. The strong retail and e-commerce industries in the United States drive the demand for non-corrugated boxes used to package and ship a variety of products. 2. France – $970.5 million France follows the United States with imports of $970.5 million in 2023. The country’s diversified manufacturing industry relies heavily on non-corrugated boxes to package goods…
Explore the global market:
While inflation is falling, interest rates continue to weigh on households and businesses. That being said, there are still “bright spots” in sector performance, a glimmer of light at the end of the tunnel for tightening consumer spending. Opportunities are emerging across multiple sectors in Europe, the Americas and Asia Pacific. See also: Navigating the global market: The role of strategy and documentation for companies doing business around the world Information and communications technology leads global innovation The global information and communications technology industry (ICT) has rapidly become a leader in economic growth. With countries and companies now placing a high priority on connectivity and innovation, the industry is poised for continued growth and technological breakthroughs, and this momentum is not slowing down anytime soon. Semiconductor sales are expected to grow by double digits next year, and artificial intelligence (AI) has now touched every aspect of the industry and is largely driving its rapid expansion. In the United States, strong…
“Tariffs are on the table regardless of U.S. importers
In an era of rapidly changing global trade conditions and increasing geopolitical uncertainty, U.S. importers and businesses face complex decisions about their manufacturing strategies. Ongoing trade tensions between the United States and China, coupled with the likelihood of tariffs regardless of the election outcome, have prompted many companies to reevaluate their reliance on Chinese manufacturing. However, the decision to onshore, nearshore, or reshore operations is not an easy one, as evidenced by Foxconn’s decision to invest $137.5 million in China by July 2024. Foxconn will establish a new headquarters in Zhengzhou, China. Also read: Top 25 container ports in the United States To navigate this challenging environment, companies must conduct a comprehensive analysis that spans multiple functions. The first step in this analysis is a thorough cost assessment. Labor costs, In the past, this has often been the main driver for offshoring, but it must be examined carefully. Companies need to compare not only current wage rates, but also long-term…
Escaping the ‘middle-income trap’: World Bank
A recent World Bank study shows that more than 100 countries, including China, India, Brazil and South Africa, face major challenges in achieving high-income status in the coming decades. The World Development Report 2024: The Middle-Income Trap provides the first comprehensive roadmap to help these countries overcome the "middle-income trap." See also: World Bank Group releases data to boost investment in emerging markets The report shows that over the past 50 years, countries’ GDP per capita has generally remained around 10% of that of the United States, or about $8,000 today. This figure falls into the “middle-income” range defined by the World Bank. Since 1990, only 34 middle-income economies have transitioned to high-income countries, many of which benefited from EU integration or newly discovered oil reserves. By the end of 2023, 108 countries will be classified as middle-income countries, with a GDP per capita between $1,136 and $13,845. These countries account for 75% of the world’s population, two-thirds of the…
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