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 ›
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 ›
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 ›
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 ›
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 ›
Customers of the cryptocurrency-focused US bank Silvergate have withdrawn more than $8 billion in crypto-linked deposits. In the final three months of 2022, roughly two-thirds of the bank’s customers withdrew their deposits. To cover the costs and remain liquid, the… Read More ›
Most people associate electric vehicles with automobiles. Global sales of electric vehicles have increased dramatically, with brands ranging from Tesla and Rivian in the United States to Nio and XPeng in China. The International Energy Agency reported that two million… Read More ›
With the global fast food chain McDonald’s refocusing its priorities to accelerate restaurant expansion, the brand is contemplating cutting down jobs to reorganize the company, according to CEO Chris Kempczinski. The fast-food corporation stated that the job cuts are not… Read More ›
Inflation in the eurozone fell for the second month in a row in December, but analysts do not expect the European Central Bank to change its tone. According to preliminary Eurostat data released Friday, headline inflation, which includes food and… Read More ›
The UK government announced a collaboration with the German firm BioNTech on Friday to test potential vaccines for cancer and other diseases, as campaigners warned that any breakthrough must be affordable and accessible. Patients with cancer in England will have… Read More ›
manageria.biz 