German Growth Forecast Downgraded
According to Bloomberg, Economy Minister Robert Habeck has issued a warning, stating that the German government will lower its previous estimate of 1.3% economic growth in 2024 to 0.2%. Next…
Unemployment Hits Two-Year High In Australia
According to a report released Thursday from the Australian Bureau of Statistics (ABS), the country’s jobless rate reached 4.1% in January, the highest level seen since early 2022. This statistic…
As Australian Nickel Producers Struggle The Government Offers Relief
A day after nickel was designated as a “critical mineral” by the Australian government, which allowed producers to access billions of dollars in low-interest government loans, Western Australia said on…
Trump Hit With $354.9 Million Penalty In New York Loan Valuation Case
Donald Trump suffered another legal blow in a civil dispute that threatens his real estate empire on Friday when a New York judge determined that he must pay $354.9 million…
AstraZeneca’s Tagrisso-Chemotherapy Combo Approved For Advanced Lung Cancer
The FDA has approved a treatment protocol for a particular type of lung cancer that combines chemotherapy and AstraZeneca’s popular cancer medicine Tagrisso, according to an announcement by the firm…
In Argentina, Inflation Surges Past 250%
Even as inflation decreased marginally in monthly terms, annual inflation in Argentina hit a three-decade high of 254% in January, according to official figures released Wednesday. Newly seated President Javier…
Britain Enters A Technical Recession According To Latest ONS Figures
According to data released on Thursday by official sources, the British economy entered a recession in the latter quarter of 2023. The data, from the Office for National Statistics (ONS),…
Nike To Eliminate 2% Of Its Total Workforce As Demand Lags
On Thursday, Nike announced that it planned to eliminate roughly 1,600 jobs, or about 2% of its entire workforce. The sportswear giant is looking to reduce expenses after reporting lower-than-expected…
Lucid To Cut EV Prices As Market Sags
In an effort to stimulate demand in a slowing market, electric car manufacturer Lucid Group reduced the price of its flagship Air luxury sedans by 1% to 10% on Thursday.…
Nvidia Enthusiasm Spreads To Other Stocks
Investor interest in Nvidia (NVDA) is growing rapidly. And that enthusiasm is spreading to other stocks the chipmaker owns. The massive chipmaker had holdings in the stocks of SoundHound AI…
