Genetic Testing Company 23andMe Files for Bankruptcy
Gene testing company 23andMe announced last Sunday, March 23, that it had filed for Chapter 11 bankruptcy protection.
Gene testing company 23andMe announced last Sunday, March 23, that it had filed for Chapter 11 bankruptcy protection.
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
Economists cited by the media argue that the latest rise in Chinese government bond yields should not be characterized as a sign of reflation, as ongoing deflationary pressures are expected to be a contributing factor to interest rates remaining low.
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
The Federal Reserve on Wednesday, March 19, decided to leave interest rates unchanged, although at the same time underlined that the cost of borrowing is likely to be lowered later in the current year.
Countries affected by both climate change-induced hazards and military conflicts that cause humanitarian crises have joined their efforts to urge global leaders to accelerate targeted climate financing.
In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.
Hong Kong, [March 27] — Get ready for the most exciting fintech and Web3.0 event of the year! Wiki Finance Expo Hong Kong 2025 is returning on March 27, 2025, to The Sky 100 Hong Kong Observation Deck at the International Commerce Center (ICC). This highly anticipated summit is set to be the largest and […]
The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.
The United Kingdom’s economic system showed an unexpected decline in January.
On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.
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