Business

The global economy will grow slightly less rapidly this year than previously thought, mainly due to less strong growth of the US economy. That is what the Organization for Economic Co-operation and Development (OECD) says in a report.…
Read More...

More than 60 crypto exchanges in South Korea must inform their customers on Friday that trading on the platforms will be wholly or partially suspended. That is a week before a new regulation enters into force. In order to continue…
Read More...

American consumers bought more in August than a month earlier, the US Department of Commerce reports. Economists had actually expected a decrease, partly due to the outbreak of the Delta variant of the coronavirus. Demand for new cars…
Read More...

The stock markets in New York have started the Friday session positively after several days of losses. The news that President Joe Biden called his Chinese counterpart Xi Jinping sparked optimism. It was the first conversation between the…
Read More...

The European Central Bank (ECB) has left key interest rates as expected at a level of 0 to 0.25 percent. Banks continue to pay 0.5 percent interest on the money they store at the ECB. However, the bond buying program is being scaled back…
Read More...

Stocks in New York started Tuesday with losses in the first session after a long weekend. Investors are concerned about the slowdown in the economic recovery due to the floating Delta variant of the coronavirus. Even the fact that…
Read More...

Employment in the United States grew much weaker than expected in August. According to the US Department of Labor figures, employment increased by 235,000 in the world's largest economy. On average, economists had expected an increase of…
Read More...

China wants to set up a new stock exchange in Beijing. According to Chinese President Xi Jinping, the exchange will be given the task of mainly serving small and medium-sized companies. According to Xi, it is important to support…
Read More...

Stock exchanges in New York started trading with modest gains on Friday. Investors on Wall Street are especially keen on Federal Reserve Chairman Jerome Powell's speech later today in honour of the Jackson Hole meeting of central bankers.…
Read More...

Apple CEO Tim Cook can expect a bonus of around $750 million this week. He will receive that amount of 638 million euros in Apple shares. It is the tenth and final instalment of a compensation package that Cook agreed to when he…
Read More...