US Economy Adds 151,000 Jobs
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
Finance & Economics - page 7
Stocks Drop Amid Trade-War Jitters
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.
European Inflation Cools
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%.
Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan
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 Launches $1.8 Billion Fund
Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.
Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
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.
Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Highly Fragile Countries Depend on Remittances the Most
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
China’s Tech Stocks Demonstrate Growth
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.
SuperSwiss.com Sets a New Standard in Finance
Genève – SuperSwiss.com operates within the financial sector. It is setting a new standard in finance by elevating what users expect from a financial platform. With a focus on simplicity, security, and efficiency, the platform simplifies financial processes, ensuring that individuals and businesses can manage their finances with ease. Clear navigation, transparent policies, and responsive […]
Alibaba Demonstrates Growth
Alibaba Group Holding Ltd. has published information about its earnings for the fourth quarter of 2024, according to which the revenue of this Chinese Internet pioneer for the mentioned period demonstrated growth at an upward dynamic pace, which is the fastest in more than a year, and this is another signal in favor of the […]
Japan’s GDP Beats Forecasts
The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.
Xi Jinping Urges Entrepreneurs to Show Their Talents
On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.
US Retail Sales Demonstrate Decline
In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.
Donald Trump to Impose Reciprocal Tariffs as Soon as April
President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.
UK Escapes Recession Threat
At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.
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