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15 July
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ECB’s decision on the interest rate should be “orderly and predictable”
The European Central Bank is expected to decide on the interest rate in September. Measures to stabilize the economic environment must be "orderly and predictable", French ECB head Francois Villeroy de Galhau stated on Wednesday.
2 September 2022
Boeing prepares for growing demand due to increasing productivity of Indian airline operators
Boeing waits for more orders to be submitted by airlines from India. The airlines have started their capacity expansion to meet the growing demand in the Indian aviation segment, which is now considered to be the fastest-developing aviation market in the world.
2 September 2022
High inflation has an adverse effect on the UK productivity
Rising inflation in the UK could threaten businesses in making long-term decisions that are necessary for increased productivity, Bank of England representative Katherine Mann said in a podcast.
2 September 2022
Dollar is soaring because of Fed’s decisive actions backed by new data
The US dollar has reached a record level in the last 20 years as a result of the new data release, which indicates the resilience of the economy. Such conditions provide the Fed with wider possibilities of aggressive actions towards the rate increasing and inflation curbing.
2 September 2022
Walmart plans to buy out rest of S.Africa's Massmart
U.S. retail giant Walmart has reached an agreement with South African retailer Massmart to acquire the remaining 47% stake in the company it does not already own. According to the representatives of Massmart, its majority owner Walmart has made a 6.4 billion rand ($377.6 million) offer for the stake
2 September 2022
Economists revised down Singapore growth forecasts and raised inflation forecasts
According to a central bank survey, released on Thursday, economists have pulled back GDP growth estimates and have raised their inflation forecasts for Singapore. A global economic slowdown is considered the biggest threat to one of the largest trading centers in the world.
1 September 2022
Amazon offers seller storage service to address supply chain issues
Amazon Inc. is planning to introduce a new storage service for wholesalers. This tool will facilitate goods distribution, solving the problem of the supply chain, the company reports. According to the online retailer, the service will be released in 2023.
1 September 2022
Gold continues its decline while dollar strengthens in anticipation of nonfarm payroll data release
Gold prices keep falling, while the US dollar is increasing as investors and traders anticipate the upcoming release of nonfarm payroll data.
1 September 2022
Coca-Cola shares are attractive for long-term investments
An analyst at Atlantic Equities is bullish on Coca-Cola's share price that is expected to hit $72. The company's shares have performed well this year in absolute and relative terms. Thus, Coca-Cola posted a steady increase in sales as consumer behavior bounced back, while restrictions of the pandemic were lifted.
1 September 2022
Stock indices may hit new lows this year, warns Michael Wilson
As stated by Mike Wilson, chief US equity strategist at Morgan Stanley, investors should prepare for more market turmoil as U.S. stock indexes have yet to bottom out this year. Wilson made a statement, reporting that stock indexes are the last to fall.
1 September 2022
