In a surprise launch weeks ahead of schedule, Apple Inc. unveiled MacBooks powered by its new and faster M2 Pro and M2 Max chips on Tuesday. The use of Apple’s latest versions of the M2 chip, which debuted last year,… Read More ›
Entrepreneurship
Staff Are Losing Faith In The ECB’s Leadership Due To Concerns About Inflation And Pay
According to a survey conducted by trade union IPSO, European Central Bank employees are losing faith in the institution’s leadership as a result of the ECB’s failure to control inflation and a pay raise that lagged the rise in prices…. Read More ›
Netflix Is Expected To Have The Slowest Revenue Growth As Its Ad Plan Struggles To Gain Traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in a crowded U.S. market, putting pressure on the company to reduce content spending this year. The streaming pioneer… Read More ›
Gold Prices Expected To Surge To New Highs As Interest Rates Rises Slated To Stop
According to industry analysts, gold prices will rise to record highs above $2,000 per ounce this year, albeit with some turbulence, as the United States slows and eventually stops raising interest rates. Spot gold prices have risen above $1,900 per… Read More ›
Travelling During China’s Lunar New Year Provides A Catalyst Of Economic Recovery From The COVID Crisis
On Tuesday, urban workers crammed train stations across China’s largest cities as the country’s mass migration for Lunar New Year holidays kicked into high gear, an early sign of economic recovery as officials confirmed a historic drop due to COVID-19… Read More ›
UK Economy Grew Faster Than Expected In November
Official figures show that the UK economy unexpectedly expanded in November, aided by a boost from the World Cup. The economy grew by 0.1%, aided by demand for services in the technology sector and despite rising prices putting pressure on… Read More ›
More Than 40% Pay Cut For Apple Boss Tim Cook In 2023
This year, Apple CEO Tim Cook’s annual salary will be reduced by more than 40%. According to the technology giant, Mr Cook requested the cut in response to shareholder criticism. The compensation committee at Apple awarded him a total “target… Read More ›
Review Of The UK’s ‘Golden Visas’ Reveals The Risk Of Linkage To Illicit Money
According to the British government, a small number of people who obtained so-called “golden visas” for wealthy investors may have obtained their wealth through corruption or other illegal financial activity. In the days before the invasion of Ukraine, the government… Read More ›
JPMorgan Predicts 1% Growth In the Australian Economy From China’s Reopening
According to JPMorgan, the end of China’s zero-covid policy over the next two years could benefit Australia’s economy significantly. “China’s shift toward an earlier reopening raises the question of potential implications for the Australian economy,” JPMorgan’s chief investment strategist Tom… Read More ›
UK Recession Will Limit Food Retail Sales Growth In 2023, According To Nielsen IQ
Weak confidence in personal finances and a squeeze on disposable income will limit food retail sales growth to around 5% in 2023, trailing inflation and December’s growth rate, according to NielsenIQ data released on Tuesday. In November, the Bank of… Read More ›
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