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Added on the 02/11/2015 16:02:15 - Copyright : Reuters EN
German industrial group Siemens has raised its full-year earnings forecast for the second time this year after large energy projects helped to take its third-quarter results above expectations and sent its shares to a 12-month high. Hayley Platt reports
The International Monetary Fund slightly raises its forecast for 2023 US economic growth. "The US economy has proven resilient, consumer demand has held up particularly well, initially boosted by a drawdown of pent up savings, and more recently by solid growth in real disposable income. This is good news," says IMF chief Kristalina Georgieva. SOUNDBITE
Irish low-cost carrier Ryanair returned to profit in July thanks to a strong summer holiday season, but expects a "difficult" winter, boss Michael O'Leary tells AFP. SOUNDBITE
ECB lifts 2018 eurozone growth forecast from 2.3% to 2.4%: Draghi. SOUNDBITE
Volkswagen has raised its guidance for group revenue this year and is targeting slightly higher profitability after posting higher autos sales in the third quarter. As Hayley platt reports, Europe's largest automaker expects group revenue to match last year's 213 billion euros after predicting in July that revenue would fall by as much as 5 percent this year.