Tag: Economy
Aston Martin widens half-year loss to £217m
British luxury carmaker Aston Martin widened its first-half pre-tax loss to £216.7m from £142.2m in the same period last year. The company has stopped...
Trump says Taiwan should pay for its own defense, TSMC shares...
Taiwan should pay for the United States' defence because it gives it nothing, US Republican presidential candidate Donald Trump said. Reuters reports. Shares of...
US stocks closed mixed after Fed chief’s speech, dollar rose
Stocks in the United States closed mixed today. Markets watched a speech by US Federal Reserve (Fed) chief Jerome Powell and the Nasdaq and...
EC wants to remove small parcel exemption from customs duties, it...
The European Commission (EC) plans to impose tariffs on cheap goods from Chinese e-shops such as Temu, Shein or AliExpress. It wants to achieve...
There were 22.8 million dollar millionaires last year, the most since...
The number of dollar millionaires increased 5.1 percent last year to 22.8 million. According to a study by the World Wealth Report consultancy Capgemini,...
Walmart’s profit and sales beat estimates
US retailer Walmart increased net profit to $5.1bn in the first quarter of its fiscal year from $1.67bn in the same period last year,...
US firms Amazon, Microsoft and Pfizer to make major investments in...
US internet company Amazon plans to invest over 1.2 billion euros in France and create more than 3,000 jobs. The French president's office said...
German economy could strengthen slightly in the quarter, Bundesbank says
The German economy could show moderate growth in the first quarter. It was unexpectedly helped by industry and construction. But signs of a significant...
US stocks weaken, big US banks report mixed results
US stocks weakened today. Major US banks earlier reported mixed results. The market mood was further determined by US inflation and geopolitical tensions. All...
Inflation in Russia has already peaked, central bank governor says
Inflation in Russia has already peaked, but its decline is not yet sufficient for the Russian central bank to start cutting interest rates. Reuters...
