FedEx warns of worsening economy and pulls forecast; shares drop 16% - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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FedEx warns of worsening economy and pulls forecast; shares drop 16%

The World Bank earlier on Thursday said the world's three largest economies - the United States, China, and the euro area - have been slowing sharply, and even a "moderate hit to the global economy over the next year could tip it into recession."

from Stocks-Markets-Economic Times
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