Business news for Mon, 24 Dec 2007 & with words energy+forecast. 2 news.

Market-research firm iSuppli said it cut its 2008 revenue growth forecast for the global semiconductor industry to 7.5% from 9.3%, on rising energy costs and expectations of a U.S. economic slowdown.

INVESTMENT group Babcock & Brown has raised its full-year earnings guidance after selling some wind energy assets.