World Bank Cuts Global Growth Forecast; Lufthansa Leads European Stocks Lower

Now watching

Next video starts in : 7 Play

World Bank Cuts Global Growth Forecast; Lufthansa Leads European Stocks Lower

World Bank Cuts Global Growth Forecast; Lufthansa Leads European Stocks Lower
Replay video
Up next

President Kanye West Channels Harry Truman, Beats Donald Trump on New Yorker Cover

Unlock your personal NFL Now stream by signing in to NFL.com

World Bank Cuts Global Growth Forecast; Lufthansa Leads European Stocks Lower

by TheStreet.com Videos 2:15 mins

World Bank Cuts Global Growth Forecast; Lufthansa Leads European Stocks Lower

by TheStreet.com Videos 2:15 mins

European stocks all declined Wednesday amid a raft of disappointing corporate news, and after the World Bank cuts its global growth forecast, while Asian stocks were mixed. German shares were led lower by Deutsche Lufthansa AG, after the country's flag carrier cut its operating forecast for 2014 and 2015, blaming a weaker than expected development in passenger as well as freight activities, as well as negative impacts from strikes and a devaluation in Venezuela's currency. In Paris, shares in Airbus Group NV fell after it announced that Dubai's Emirates airline cancelled its entire 2009 order of wide-body aircraft, due to be delivered in 2019. The order cancellation also weighed on Rolls-Royce Holdings plc in London. Bucking the bad-news trend among European corporates, shares in Spanish fashion retailer Inditex SA got a boost from a better-than-expected first-quarter profit.

Must Watch

Must Watch

  1. 1:27

    President Kanye West Channels Harry Truman, Beats Donald Trump on New Yorker Cover

  2. 3:23

    Taraji P. Henson, Pusha T, Grimes & More Share Their Best Advice, Turn Offs & Guilty Pleasures in Alexander Wang

  3. 2:07

    Caitlyn Jenner Makes First Talk Show Appearance on 'Ellen'

  4. 5:22

    Family of the Year - Make You Mine

  5. 10:30

    Yahoo News Live: Clerk Gets Jail, Couples Get Licenses

  6. 3:24

    Searching for Swamp Monsters Outside New Orleans

Live Nation

  1. Ben Rector - Ben Rector: Live! From Danielle’s House

  2. 0:30

    Creamfields - Afrojack 'Never Break Your Heart' #YahooLive

  3. 0:23

    Creamfields - Duke Dumont Live at Creamfields #YahooLive

  4. 0:29

    Creamfields - Fatboy Slim Wants Your Body #YahooLive

  5. 0:41

    Creamfields - Tiesto and Don Diablo Shoot 'Chemicals' Music Video #YahooLive

  6. 1:59

    Creamfields - Lee Foss Interview

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless