Interim update

Grammar usage guide and real-world examples

The thinktank cut its forecast for global economic growth to 2.9% in 2015 and 3.3% in 2016, down from 3.0%and3.6%6%, respectively, pencilled in at an interim update in September.

Nick Serff, market analyst at City Index, said: "A late sell off on Wall Street, along with a negative interim update from Chevron after the bell last night, weighed on European sentiment.

Growth in the Group of 7 industrialized economies, excluding Japan, should rise to an annualized rate of about 3 percent by the middle of this year, up from around 2 percent at the end of 2010, the Organization for Economic Cooperation and Development said in an interim update of its annual economic report.

This year, even venture capitalists are joining in: 2000 has been so exciting that Technology Crossover Ventures (TCV), a leading fund responsible in part for such successes as Ariba, ONYX Software, Copper Mountain and RealNetworks, has sent its investors an unexpected "interim update" on the goings-on.

Chevron, which releases its second-quarter interim update on Thursday, saw shares drop $1.44, or 2.3%, to $62.70, as oil fell $1.12 to settle at $62.93 a barrel.

In a Jan . 11interim update the company noted that downstream results for the fourth quarter would be “sharply lower,” owing to a drastic fall in refining revenues.

The apparent downgrading of the annual human rights report, the decision to halve the number of interim updates, and the lack of meaningful human rights evaluation have all been justified on cost-saving grounds.

In business, lengthy conversations with my clients usually include market developments and portfolio performance details, while interim updates discuss more volatile market conditions.

Interim updates may be completed to accommodate small changes outside of the regular renewal process.

Ahead of IG's interim trading update on 9 December, we would buy into any weakness following today's news.

The company said in its interim earnings update that its oil production fell in the first two months of the quarter and that it had received a lower price for the oil it sold.