Deputy Administrator Ilya Espino of the Panama Canal told Reuters that the canal does not anticipate the need for more vessel passage limits until at least April, when its authority would assess water levels at the conclusion of the dry… Read More ›
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Wall Street Slams Microsoft And Alphabet Despite Their Earnings Beats And Record-High Stock Prices
The outcomes were satisfactory yet insufficient. Wall Street responded in this way on Tuesday to Alphabet and Microsoft’s quarterly earnings. Despite the fact that both companies’ revenue and earnings beat projections, the stocks fell during prolonged trading. The equities were… Read More ›
Rate Reduction By The Fed Won’t Begin Until May, Traders Now Predict
Traders have bet that the Federal Reserve won’t begin easing policy until May, following a week in which better-than-expected economic data and central banker comments eroded investor confidence in the prospect of an early start to interest rate decreases. The president… Read More ›
Close To $2 Billion In Volume Attracted By Spot Bitcoin ETFs In Three Days Of Being Launched
Strong investor interest has been seen in a recent batch of U.S. bitcoin exchange-traded funds (ETFs), but it’s uncertain if the inflows will continue at this rate in the coming weeks. In the first three days of trading, investors poured… Read More ›
Why Does China’s Ageing Population Raise Questions About Its Pension System?
The country’s ageing population poses a serious danger to the long-term development prospects of the economy by undermining Beijing’s policy objectives for the next ten years, which include increasing domestic consumption and containing spiralling debt. China’s population of over 60s… Read More ›
CEO Of Volvo Cars Predicts “Tremendous Growth” In EV Sales
Volvo Cars, which opens a new tab in Davos on Wednesday, defies more pessimistic predictions from competitors by maintaining confidence in “tremendous growth” in the electric vehicle sector, CEO Jim Rowan told the Reuters Global Markets Forum. The automaker stated… Read More ›
Coffee Roasters Feel Cost Pinch Because Of Attacks In The Red Sea
European coffee roasters have seen a sharp increase in expenses as a result of Houthi rebel attacks on ships in the Red Sea, although merchants and industry analysts say it is doubtful that these costs will be passed on to… Read More ›
Wall Street Banks Acknowledge Impending Risks While Expressing Optimism
When the CEOs of the largest investment banking firms revealed their fourth-quarter earnings on Tuesday, they gave a positive assessment of the state of the U.S. economy and deal pipeline, but they also cautioned about potential threats to the emerging… Read More ›
China’s Population Declines For A Second Year, Raising Questions About Long-Term Growth
In 2023, China’s population declined for a second year in a row due to a record low birth rate and a wave of COVID-19 deaths that coincided with the lifting of strict lockdowns. These factors will have a significant long-term… Read More ›
Boston Consulting Group Report Predicts Bank Valuations Might Increase By $7 Trillion In Five Years
According to a report from the Boston Consulting Group, if global banks take significant action to encourage growth and increase productivity, they might increase their valuations by a total of $7 trillion over the course of the next five years…. Read More ›
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