Britain’s jobs market will have recovered by January, new forecasts suggest, but positive overall figures mask the “bloodbath” in some sectors. The number of available jobs is a third lower than the level at the start of the year, according to jobs board Adzuna. This is an improvement from April when it […]
forecasts
Singapore forecasts GDP contraction of 4% to 7% for 2020
SINGAPORE — Singapore on Tuesday downgraded its growth projection for this year to a range of -7% to -4%, from the previous -4% to -1%, suggesting prolonged economic damage from the coronavirus pandemic despite the phased business resumption starting next week. The city-state the same day reported a 0.7% decline […]
Toyota forecasts 80% decline in annual operating income
TOKYO — Toyota Motor expects an 80% drop in operating income this year as disruption caused by the coronavirus pandemic plagues the Japanese car giant, hitting both demand and production. Toyota expects operating income of 500 billion yen ($4.6 billion) for the fiscal year that ends in March 2021, the company said at […]