In the third quarter, the Eurozone’s economy grew 0.2 percent above the second quarter, setting an annual pace 1.4 percent as exports to the U.S. surged after U.S. tariff rates were reduced in a final trade agreement.
Tag: Global Economy
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THREE DANGERS LURK FOR INVESTMENT MARKETS, WSWS WARNS
Three issues pose a growing danger to stock markets where valuations have been inflated by euphoria and lax oversight, the World Socialist Web Site (WSWS) warned in a 12 November analysis.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Big Tech announced widespread layoffs this week. Verizon will lay off 15,000 to cut costs, Synopsys chip design company will lay off 2,800 people and Intel will lay off 669 people in Oregon by year-end.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
As AI continues to take over human jobs, IBM announced a restructuring to focus on software development, cloud services and AI, which could result in 2,700 to 5,000 layoffs.
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SPOTLIGHT: BIGS GETTING BIGGER
Between 26 and 31 October, three deals totaling $81.4 billion in value made the headlines.
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SPOTLIGHT: CHINA’S AUTO INDUSTRY PUTS THE PEDAL TO THE METAL
China will gradually take over Europe’s auto industry, rehabilitating factories and saving jobs that the continent’s own makers cannot, Carlos Tavares says in a new memoir.
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SPOTLIGHT: CHINA’S SEARCH FOR ECONOMIC GROWTH
In its meeting in late October, China’s ruling committee redoubled its call for extraordinary measures to advance the country’s self-sufficiency in advanced technologies, particularly in advanced computing and artificial intelligence.
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SPOTLIGHT: GRADING THE TRUMP-XI SUMMIT
Donald Trump praised his trade agreement with China, reached last week, but U.S. analysts and businesses say crucial issues have yet to be settled, The Wall Street Journal reported.