Swiss KOF cuts 2012, 2013 growth view, cites weak global economy

ZURICH (Reuters) - Switzerland's KOF economic institute cut its growth forecasts for 2012 and 2013 on Friday, citing a spillover from the global economic slowdown, but still sees the pace of growth accelerating over the course of next year.

Slowdown worsens as China cools, Europe sinks

LONDON/SINGAPORE: Some of the world's major economies are faltering or shrinking, with Chinese factory output barely growing and powerful European manufacturing countries falling deeper into malaise, surveys showed on Friday.