Recent Posts - page 2
-
Despite Relaxing COVID Regulations, China’s Industrial Profits Fell Again In May
Profits for China’s industrial enterprises fell at a slower rate in May, following a dramatic drop in April, as activity in major manufacturing centres rebounded, while COVID-19 limitations continued to weigh on factory output and squeeze factory margins. Profits decreased… Read More ›
-
Falling Price Of Copper Is Another Warning Of An Impending Recession
Some investors view copper prices as a leading indicator of the world economy. If you are one of them, you have reason to be concerned. What’s going on: On Thursday, copper prices fell to a 16-month low as traders unloaded… Read More ›
-
Another ‘Algorithmic’ Stablecoin Has Gone Below The $1 Mark, But Experts Claim It Is Not ‘Terra 2.0’
A contentious stablecoin issued shortly before the demise of a similar cryptocurrency named terraUSD is battling to keep its peg to the US dollar. USDD, a “algorithmic” stablecoin that is supposed to always be worth $1, fell to as low… Read More ›
-
McDonald’s Streamlines Franchise Policies In Order To Attract More Diverse Candidates
McDonald’s is changing how franchises are awarded in order to attract more diverse candidates, the latest adjustment in how the burger chain’s management controls its franchisees. Beginning in 2023, the fast-food behemoth will consider each potential new operator on an… Read More ›
-
Another Significant Hack Has Resulted In The Theft Of $100 Million In Cryptocurrency
In the latest major crime in the world of decentralised finance, hackers took $100 million in cryptocurrencies from Horizon, a so-called blockchain bridge. The details of the attack are still sketchy, but Harmony, the creators behind Horizon, claimed Wednesday morning… Read More ›
-
Germany Close To Imposing Gas Rationing
Following a decline in Russian supply, Germany has moved one step closer to gas rationing. According to Germany’s economy ministry, the government has activated the “alert” level of its emergency gas plan to deal with shortages. It is the latest… Read More ›
-
Putin Claims That Russia Is Redirecting Trade To China And India
As the West strives to cut economic connections, Russian President Vladimir Putin said Wednesday that Russia is rerouting commerce to “trusted international partners” such as Brazil, India, China, and South Africa. “We are actively engaged in reorienting our trade flows… Read More ›
-
Health Officials In UK Find Polio Virus Sewage Samples Of London, Government Declares National Incident Sewage Samples
The United Kingdom’s health authorities have stated that they are examining a rare polio virus detection in sewage samples in London, which might jeopardise the country’s polio-free status for the first time in nearly two decades. Between February and May,… Read More ›
-
Toyota Recalls Its First Mass-Produced Evs Less Than Two Months After Its Launch
Toyota Motor Corp announced on Thursday that it would recall 2,700 of its first mass-produced electric cars (EVs) due to a risk of wheels coming free. The world’s largest manufacturer by sales notified Japan’s transportation ministry of the recall of… Read More ›
-
UK Inflation Now At Hits 40-Year High And Highest Among G7 Countries
Food price increases boosted British consumer price inflation to a 40-year high of 9.1 per cent last month, the highest rate among the Group of Seven countries and highlighting the severity of the country’s cost-of-living crisis. The reading increased from… Read More ›
Featured Categories
Strategy ›
-
IMF-Sri Lanka Bailout Discussions Come To An End Without A Settlement
June 30, 2022
-
China Has Just Had The Best Month For Its Economy Since February
June 30, 2022
-
UK Economy Confronts A Combined Threat Of Inflation And Recession
June 29, 2022
Entrepreneurship ›
-
Despite An Increase In Industry Activity, Economic Mood In The Eurozone Is Declining
June 29, 2022
-
FCC Commissioner In The United States Seeks Apple And Google Remove TikTok From Their App Stores
June 29, 2022
-
Three Arrows Capital, A Cryptocurrency Hedge Firm, Has Gone Bankrupt Due To The Market Crisis
June 29, 2022