In February, home prices in Britain rose 0.7 percent from January and 1.2 percent, year on year, marking their first increase since January 2023. The rise was the largest since July 2022.
Category: 5 March 2024
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JAPAN’S FACTORY PRODUCTION PLUNGES TO FOUR-YEAR LOW
In January, Japan’s factory output sank faster than at any time since May 2020 in the early days of the COVID War.
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EUROZONE INFLATION SLOWS TO 2.6 PERCENT IN FEBRUARY
Prices inflated by 2.6 percent in February across the 20-country Eurozone, slipping from January’s 2.8 percent and coming closer to the European Central Bank’s (ECB’s) 2-percent target.
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SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
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GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and...
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China's manufacturing industry produced less again in February, marking its fifth consecutive month of contraction.
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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.
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TOP TREND 2024: EV GO FU
After investing a decade and billions of dollars, Apple has ended its efforts to produce an electric vehicle (EV).
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TOP TREND 2024: BANKS GO BUST
Fears for the banking industry were aggravated on 1 March when New York Community Bancorp (NYCB) admitted that the bank’s executives had found “material weakness” in the way the company monitors and weighs risks in its loan portfolio.
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MACY’S WILL CLOSE 150 STORES IN OWNERSHIP FIGHT
Macy’s announced that revenues and profits in 2023’s last quarter were better than expected.