Factory orders in Germany surpassed economists’ expectations, increasing by 4.8 percent in domestic orders and 4.2 percent in international orders in February. Germany’s Federal Statistical Office...
JPMorgan CEO Jamie Dimon, in his letter to bank shareholders, said that the banking crisis that started in the USA and spread to Europe has not...
US e-commerce giant Amazon has announced that it will lay off 9,000 more of its employees in the coming weeks. Amazon Chief Executive (CEO) Andy Jassy...
The bankruptcy of Silicon Valley Bank took a toll on banking stocks last week, including the nation’s biggest banks like Goldman Sachs and Bank of America....
The Eurozone General Investor Confidence Index fell to minus 11.1 points in March, from minus 8 points in February. Eurozone investor confidence index fell below expectations...
High interest rates also worsen the situation, as inflation remains a threat, according to the Center for Economics and Business Studies’ forecasts. Therefore, next year the...