Barclays lowers forecast for UK growth
Britain’s GDP growth is expected to fall to 0.5 percent according to a new forecast from Barclays, which is lower than previous expectations. Statistics show that growth was 0.2 percent in August.
Great Britain’s GDP growth this year is expected to be 0.5 percent, compared with the previous forecast of 0.6 percent. This is evident from a new forecast from Barclays. During the morning, statistics came out which showed that growth was 0.2 percent at a monthly rate in August, in line with expectations.
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Barclays lowers forecast for UK growth
Streamify signs partnership agreement
Software platform Streamify and digital content management company Bynder have entered into a partnership to simplify content management and create new business opportunities for both parties. Bynder has over 1.7 million users.
Fiskars: Weak Q3 – lowers guidance – Nordea
Fiskars, the Finnish consumer goods company, has revised its guidance for 2023, citing challenging market conditions and lower-than-expected demand. The company now expects adjusted EBIT of EUR 100-120m, down from the previous estimate of EUR 120-130m. The Q3 results also fell short of expectations, with net sales declining 18% and adjusted EBIT at approximately EUR 17m. Analysts anticipate that consensus estimates will be adjusted to align with the new guidance.
The FDA currently says no to biosimilars of Johnson & Johnson drugs
The US FDA has rejected Alvotech and Teva’s application for approval of their biosimilar to Johnson & Johnson’s psoriasis drug Stelara due to deficiencies at Alvotech’s facility in Reykjavik.
Consumer prices in Ireland rose at an annual rate in September
Consumer prices in Ireland increased by 6.4 percent year-on-year in September, according to the CPI. This is an increase compared to the previous year.
Consumer prices (CPI) in Ireland +6.4 percent year-on-year in September
Consumer prices in Ireland increased by 6.4 percent year-on-year in September, indicating an ongoing inflationary trend in the country.
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