The recession caused by the COVID-19 pandemic in 2020 was the shortest ever recorded, lasting only two months. However, it’s important to acknowledge that even brief recessions can have a significant impact on people’s lives.
Last year, ransomware stole more than $1 billion in virtual space.
On Wednesday, February 7, Snap’s share price showed a 30% drop in morning trading.
New York Community Bancorp, which is a financial institution that is part of the structure of the American regional banking sector last Tuesday, February 6, faced a serious problem in the form of a credit rating downgrade to junk status, the decision on which was made by experts at Moody’s Investors Service.
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After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]
The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.
UBS Group AG has announced its intention to resume share buyback in the current year.
Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.
In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.
Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.
India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.
UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
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