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Posted 11/11/2022

EU Cuts Growth Projection for 2023, Expects Inflation in Eurozone to Reach 6.1% Next Year

The European Commission on Friday cut the GDP growth forecast for 2023 and expects...

Posted 11/11/2022

UK on the Verge of Recession as 3Q Economy Contracts 0.2%

The United Kingdom is on the verge of entering recession after data showed a...

Posted 11/11/2022

Dollar Falls to 2-Month Low as Bets on 50bps Rate Hike Surge

The dollar stayed near two-month lows on Friday after dropping sharply on slower-than-expected U.S....

Posted 11/11/2022

Oil Prices Inch Upwards on Softer U.S. Inflation Data

Friday saw a little increase in oil prices as concerns about a U.S. recession...

Posted 10/11/2022

Airbus Expects Growing Demands for Aircraft in Asia as Region Begins to Open

Top executive at Airbus on Thursday expects Asia-Pacific airlines' need for widebody aircraft to...

Posted 10/11/2022

Bitcoin Plunges to 2-Year Low after Binance Backing Down on FTX Rescue

Bitcoin's price plunged to its lowest level in two years after the announcement of...

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