In an update to the IMF's World Economic Outlook, Maurice Obstfeld described Brexit as introducing a «spanner in the works»
for global growth as well as a cause for growing «downside risks» for EU growth in 2017, whilst the OECD Interim Economic Outlook in September 2016 argued that UK growth could be reduced by up to 1 % next year due to the negative impact of the vote.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our
growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences
for business aircraft, including the effect of
global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of
global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price
for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate
for our additional capital needs or
for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions
for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The CEO reminded the international community of one very basic lesson: in today's
global market, effective communication functions
as the starting point
for successful business
growth.
The teaser
for the panel on energy markets that I am speaking on at the Milken Institute
Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production
growth displacing Russia
as the world's largest oil producer.
As Camilla Sutton, currency strategist with Scotiabank, has pointed out though, it's still important
for Canada to keep a watchful eye on the Fed's next steps due to our reliance on both the American economy, and
global growth in general.
«China's strong and sustained
growth over the past several years has served
as a linchpin
for global trade, benefiting exporters of commodities and capital goods,» the fund said in a report.
For an Italian company whose stock trades at a discount because of the European upheaval, but which is actually poised for global as well as American growth, see Fiat Chrysler (fcau) in Fortune's Investor's Guide story, «The 21 Best Stocks to Buy for 2017 — Before Trump Becomes President.&raq
For an Italian company whose stock trades at a discount because of the European upheaval, but which is actually poised
for global as well as American growth, see Fiat Chrysler (fcau) in Fortune's Investor's Guide story, «The 21 Best Stocks to Buy for 2017 — Before Trump Becomes President.&raq
for global as well
as American
growth, see Fiat Chrysler (fcau) in Fortune's Investor's Guide story, «The 21 Best Stocks to Buy
for 2017 — Before Trump Becomes President.&raq
for 2017 — Before Trump Becomes President.»
«We're pleased with our improved performance in the quarter
as it demonstrates the earnings power of our diversified franchise and shows what is possible with modest improvements in the environment and client activity, and we believe there is room
for additional revenue and earnings
growth,
as we further diversify our
global franchise across a broader client base with an expanded suite of products and services.»
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities
for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions,
global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Comment: «Air cargo traffic remains a watch item
for us
as the gradual market recovery continues amid modest overall
global economic
growth rates,» said Dennis A. Muilenburg.
As China's
growth show signs of cooling and the Communist Party prepares
for its all - important 19th Congress, a cadre of reformers led by CBRC chairman Guo Shuqing is warning that these swashbuckling
global buyers aren't national champions but lightning rods
for financial risk.
The usual proxies
for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower
as investors bail out of any kind of trade predicated on
growth in China and the rest of the emerging world, which accounts
for 85 % of the world's population.
Emerging markets also account
for over 50 % of world GDP, and have been responsible
for the lion's share of
global growth ever since the 2008 financial crisis, but capital has flooded out of them
as the Federal Reserve has tightened its monetary policy and the limits of China's economic model have become apparent.
«
For these companies, maintaining a presence in key
growth markets abroad is a priority, and so they are adapting to trends such
as rising labor and shipping costs in China, rather than shying away from opportunities in
global markets,» says Esch.
Media Duopoly:
For Sarandos and Hastings, strong original programming is the key to global growth, as buzzworthy tv series and movies draw in more subscribers.Photograph by Art Streiber for Fort
For Sarandos and Hastings, strong original programming is the key to
global growth,
as buzzworthy tv series and movies draw in more subscribers.Photograph by Art Streiber
for Fort
for Fortune
Media Duopoly:
For Sarandos and Hastings, strong original programming is the key to
global growth,
as buzzworthy tv series and movies draw in more subscribers.
For the past seven years,
growth has serially disappointed - sometimes spectacularly,
as in the depths of the
global financial and euro crises; more often than not grindingly
as past debts weigh on activity
The challenge
for Uber's new CEO will be to remake its leadership and its culture
as a
global growth company, following the lead of Apple, Google, Amazon, and Facebook.
The deals have been spurred by quickening
global growth and robust business confidence,
as well
as tax cuts passed in the US last year that have added to the firepower
for marquee acquisitions.»
and a generally crummy outlook
for global growth — it's
as if the collective weight of all that negative news finally became too much.
Global Brand Building Officer Marc Pritchard has pushed
for a faster shift toward programmatic digital buying in recent months, said people familiar with the matter, which comes
as P&G has been under investor pressure to get more from its ad budget amid slower
growth.
Read our latest report to find out the likely outcome of this dispute, the
global appetite
for new free - trade deals,
as well
as our forecast
for global trade
growth.
As we gradually put the crisis behind us, we are inevitably confronted with how much the
global landscape has changed and what this means
for future
growth.
Ongoing structural reforms in emerging markets generally, and specifically in China, appear to be making good progress, which we see
as a big plus
for global growth.
As I discussed earlier, prospects
for global growth have weakened, and this will have an impact on the domestic economy.
These companies have included Sun Microsystems
as they invented Open Systems and Client Server architectures; through to running
global sales and marketing
for a high
growth private cloud start - up founded by the CTO of Goldman Sachs;
as well
as driving Digital Marketing platform sales in Microsoft.
Thus, until the advent of the
global financial crisis, mainstream authors paid little attention to the fact that wage
growth had lagged behind the sum of productivity
growth and inflation, in most countries and
for several decades, and that
as a result wage shares had fallen.
The interest rate on the U.S. government's 10 - year Treasury fell below 2 percent on Tuesday morning
for the first time since mid-October,
as fears over
global growth led a flight to safety.
As for demand,
global economic
growth is running at roughly half of where it was a decade ago.
As the year progressed, the consensus abandoned talk of «secular stagnation»
for a new catchphrase: «
global synchronous
growth.»
Jean assesses the potential
for more fiscal support in key economies,
as well
as the impact on
global growth and asset prices.
Under CEO Irene Rosenfeld, Mondelez has been looking
for new
growth opportunities after the
global snacking industry failed to grow
as rapidly
as the company anticipated.
Forecasters are generally revising down
global growth estimates
for 2011 and 2012, mainly
as a result of weaker outcomes
for the major countries.
NEW YORK (Reuters)- U.S. stocks closed higher on Monday
as investors prepared
for an expected Federal Reserve rate hike later in the week, while stocks rose around the world on continued solid
global economic
growth indicators.
As CNBC notes, Roubini predicted in May that four elements — stalling
growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran — would come together in to create a storm
for the
global economy in 2013.
TIL, which typically uses its own resources or that of its deep - pocket parent BCCL to fund
growth initiatives, had kicked off the uncharacteristic move of raising substantial external capital
for MagicBricks Realty Services Ltd early last year when the digital real estate business in India saw the emergence of a host of new players backed by
global investors such as SoftBank, News Corp and Tiger G
global investors such
as SoftBank, News Corp and Tiger
GlobalGlobal.
«I see the
Global Opportunity Report
as a bold and very needed initiative, with the right attitude and scope to change the way we perceive sustainable development from being an added cost to being an opportunity
for growth,» says Thierry Malleret.
While there are some signs of recognition such
as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call
for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP
growth is likely to be the primary macroeconomic policy challenge
for the next decade.
On January 12, the president - elect announced that Powell would get a White House job
as senior counselor
for economic initiatives, saying she would focus on «entrepreneurship, small business
growth, and the
global economic empowerment of women.»
My best guess is that Beijing will drive an orderly rebalancing of the Chinese economy, even
as it drives
growth rates down to levels that most analysts would find unexpectedly low, and this will be net positive
for the
global economy.
Verizon hopes to leverage these assets, capitalizing on mobile
growth,
as the
global mobile advertising market, according to eMarketer, will reach more than $ 100 billion in 2016, accounting
for more than 50 % of all digital ad expenditure.
JOLT (www.joltco.ca), a new technology accelerator
for high -
growth web and mobile startups in Canada, announced today that it is now a member of the
Global Accelerator Network (GAN), an alliance championed by TechStars and originally created
as part of the White House's Startup America Initiative.
The demand
for overseas goods continues to drive cross-border e-commerce in China and,
as a result, further
growth for Tmall
Global.
Compare that to 11 percent
growth for the S&P 500 Index, and
as low
as negative 23 and negative 32 percent
for global and North American precious metal miners.
In my view, our role
as business leaders in uncertain times such
as these is to remain positive, focus on what we do well, closely monitor
global trends, investigate new opportunities
for growth, diversify our economy, and learn from the experts — which is exactly where The Vancouver Board of Trade comes in.
Toronto, April 30, 2012 — JOLT (www.joltco.ca), a new technology accelerator
for high -
growth web and mobile startups in Canada, announced today that it is now a member of the
Global Accelerator Network (GAN), an alliance championed by TechStars and originally created
as part of the White House's Startup America Initiative.
Following a January rally, the
global commodities complex underwent declines in February before partially recovering in March;
for the first quarter
as a whole, the benchmark Thomson Reuters CoreCommodity CRB Index (CRB) gained 0.8 % on a price - only basis.1 Among the 19 component commodities tracked by the CRB, advancers had a slight edge over decliners, buoyed by
growth in
global economies and weakness in the trade - weighted US dollar, which retreated 2.1 %, according to the Federal Reserve's (Fed's) US Dollar Index.1 Aside from robust gains
for a host of agricultural products, oil and gold were also among the commodity winners.
Commodities were nonetheless facing some complex challenges, including a risk of expanding US / China trade sanctions that could limit
global trade and
growth,
as well
as a softening of select economic data that may have implied demand
growth could be somewhat disappointing
for commodities and limit further price gains.
These predictions proved overly optimistic
as oil prices, Chinese
growth and
global monetary policies weighed on stocks and the S&P only returned 1.4 %
for the year.
A deal with China to potentially open their economy is very bullish
for oil demand expectations
as well
as global economic
growth.