Mergers and acquisitions have totaled $1.3 trillion worldwide so far this year, 23 percent above last year’s mark over the same period, according to data from the London Stock Exchange Group analyzed by the Financial Times.
Category: 4 June 2024
SPOTLIGHT: CHINA’S ECONOMIC MALAISE
China’s economy will grow by 5 percent this year, the International Monetary Fund (IMF) has forecast, raising its outlook from 4.6 percent. It also upgraded its 2025 expectation from 4.1 percent to 4.5.
TOP TREND 2024: EV GO FU
One of our Top Trends for 2024 is EV GO FU. The reason being is that in the U.S., the cost of EVs is too high and their efficiency is below expectation. In China, EVs are a big hit and Europe is also moving deeper into the market segment.
OPEC+ EXTENDS OIL PRODUCTION CUTS THROUGH 2025
Meeting on 2 June, the Organization of Petroleum Exporting Countries and its allied nations (OPEC+) voted to continue existing production cuts.
EUROZONE INFLATION RISES IN MAY
The core inflation rate across the 20 countries sharing the euro currency rose to 2.9 percent last month, compared to 2.7 percent in the first four months of this year.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
SPECIAL REPORT: THE AMERICAN REAL ESTATE BLUES
Hundreds of thousands of American homeowners find they owe far more on their homes than the homes are worth. More than a million others face a huge leap in interest rates on their adjustable-rate mortgages.
CONSUMER BLUES: KOHL’S REPORTS WEAKER SALES
The Kohl’s department store chain reported sales fell 4.4 percent in its most recent quarter, a decline 10 times worse than analysts had forecast.
HOME PRICES ROSE 6.5 PERCENT IN MARCH, YEAR ON YEAR
U.S. mortgage interest rates slipped lower in March, boosting demand for the relatively small number of homes for sale.