President of the United States Donald Trump on Tuesday, March 11, announced that he would raise tariffs on steel and aluminum imported from Canada to 50% in response to the decision of the province of Ontario to increase taxes on electricity sent to the US.
As Women’s History Month progresses in the U.S., the same cannot be said about the gender pay gap, which hasn’t been shrinking much in the last few years.
On Monday, March 10, the stock indexes of the United States showed a significant drop.
JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.
The media reported that perhaps as early as next week, the digital physiotherapy startup Hinge Health will file for an initial public offering (IPO) of shares.
Federal Reserve chairman Jerome Powell acknowledged the growing uncertainty in the context of the prospects for the subsequent dynamic of the United States economic system but at the same time, he noted that currently there is no need for officials to rush to adjust monetary policy.
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.
Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.
The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.
Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.
Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
Shares of Chinese technology companies listed in Hong Kong on Friday, February 21, showed their best weekly winning streak since 2020, as earnings surpassing preliminary expectations and optimism about the artificial intelligence sector gained global investors who made financial injections into the relevant area.
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