Meta drops its personnel by 11,000, sinks more money into the metaverse
Meta’s mass employment layoffs make it one of the biggest layoffs this year along with tech ...
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Binance plans to buy competitor FTX in crypto bailout as the market deteriorates
The deal between the Chief Executive Officer of Binance Changpeng Zhao and Sam Bankman-Fried, CEO of ...
Softbank hastens the pace of its share buybacks, ignites speculations of buyouts
Softbank bought shares worth around 132.3-billion-yen shares during the earlier half of October, thus advancing the ...
Nvidia Corp offers new sophisticated A800 Chip for China to meet the U.S Export Control Requirements
Nvidia and Advanced Micro Devices Inc. informed in the month of August that the firm’s advanced ...
Turkish inflation hits 85.51%, making it the highest in 24 years.
Turkish inflation rose since 2021 as the value of the Lira went down after the central ...
Bank of England prepares for the biggest rate hike in 33 years
The Bank of England intends to increase its interest rates from three-quarters of a percentage point ...
Foreign Investors Sell $500 Million of Indian Government Bonds in 2 Days
The liquid five-year 7.38% rated 2027 bonds suffered enormous loss wiping out 8.7 Indian rupees worth ...
Roaring Inflation Dominates Eurozone, ECB on Foot of Challenge
Eurozone encountered a price increase sharply after the Russian aggression on Ukraine was initiated and Moscow ...
Amazon predicts weaker sales during holidays, shares plummet nearly 20%
Amazon expects to have just 2% to 8% growth as the consumers spend less due to ...
‘Living on the Edge’ and Clouding the Economic POV: International Monetary Fund (IMF) releases 2022 Outlook on Sub-Saharan Africa
After a period of stagnation, activity picked up in 2021, boosting GDP to 4.7%; however, the ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
