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Chinese companies' poor earnings, policy makers adapting to global economy, Ireland's position in life science industry, controversy in Spain's football federation
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Quick takeaways
- Chinese companies are expected to downgrade their outlooks for the second quarter, particularly in real estate and finance, but there are brighter spots in consumer and technology sectors.
- The annual economic symposium in Jackson Hole highlighted concerns about structural changes and challenges in the global economy, with a focus on inflation and labor market shifts.
Deep dives
Chinese companies face pessimistic outlook for earnings
Chinese companies are expected to downgrade their outlooks for the second quarter, especially in sectors heavily exposed to struggling real estate and finance. However, there have been brighter spots in the consumer and technology sectors.
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