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Added on the 13/08/2015 16:47:37 - Copyright : Reuters EN
Banda Aceh, Feb 22 (EFE/EPA).- The Central Bank of Indonesia has cut down the economic growth outlook for 2021 to 4.3 percent to 5.3 percent following the weak gross domestic product (GDP) from the fourth quarter last year.Indonesia previously expected the 2021 economic growth to reach between 4.8 percent to 5.8 percent. (Camera: HOTLI SIMANJUNTAK).SHOT LIST: INDONESIAN TRADERS DISPLAY THEIR GOODS AT A TRADITIONAL MARKET IN BANDA ACEH, INDONESIA.
The eurozone's pandemic-induced recession is expected to be less severe than expected in 2020 at -7.3 percent, ECB chief Christine Lagarde says, but next year's rebound will be smaller than initially forecast. SOUNDBITE of Christine Lagarde
Nestle has become the latest company to be hit by the global slowdown affecting food manufacturers after posting its weakest underlying sales growth in more than a decade. As Hayley Platt reports, the Swiss food giant has cut its outlook for the year.
Royal Dutch Shell has cut its 2016 spending by another 10 percent after completing the $54 billion acquisition of BG Group, warning that low oil prices will continue to weigh. Hayley Platt reports.
BP says it could cut capital spending further after reporting an 80 percent drop in profits in the first quarter of the year, when oil prices touched a near 13-year low. As Hayley Platt reports, the British oil company is the first major to report on one of the weakest quarters.
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