News

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31 Oct 2022

Musk plans to charge monthly fee for blue ticks on Twitter

Daily News

Twitter’s new owner Elon Musk is making Twitter blue tick ownership a paid option. According to The Verge , Twitter will soon start charging users $19.99 per mont...

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31 Oct 2022

Iron ore decline deepens

Daily News

Iron ore prices fell more than 7 percent today to their lowest levels since early 2019 as an unexpected drop in factory activity in China in October cast a gloomy...

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31 Oct 2022

Gold's longest monthly losing streak in 50 years

Daily News

Gold is set to close its seventh straight month of losses, if true, it would be its longest losing streak since the late 1960s. Expectations of another 75 basis p...

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31 Oct 2022

Suspension of deal raises wheat price

Daily News

After Russia announced it was suspending the Black Sea deal, the price of wheat futures on the Chicago Mercantile Exchange rose more than 5 percent to $8.7. Wheat...

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28 Oct 2022

EU to ban new petrol and diesel cars by 2035

Daily News

The European Union (EU) institutions have reached an agreement to ban the sale of new gasoline and diesel cars from 2035. The EU Council announced that an agreeme...

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28 Oct 2022

Growth expectations for world's second-largest economy fall

Daily News

Growth in the Chinese economy is expected to remain below 5 percent for the next few years due to the risk posed by the ‘Zero Covid’ policy. Economists have lower...

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28 Oct 2022

Crack in tightening at the European Central Bank

Daily News

Despite concerns about a recession, the European Central Bank, which raised interest rates to their highest level since 2009, reported that unanimity was not reac...

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28 Oct 2022

Japan's $199 billion inflation-fighting package

Daily News

Japanese Prime Minister Fumio Kishida has ordered a 29 trillion yen ($199 billion) supplementary budget to ease the impact of inflation. The 29 trillion yen ($199...

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28 Oct 2022

Turkey's natural gas imports fell by 7.6 percent in August

Daily News

Turkey’s natural gas imports decreased by 7.62 percent in August compared to the same month of the previous year, reaching approximately 3 billion 852 million cub...

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27 Oct 2022

Brazilian Central Bank keeps interest rates unchanged

Daily News

The Central Bank of Brazil (BCB) did not change the benchmark interest rate as expected. According to the statement made by BCB, the benchmark Selic interest rate...

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27 Oct 2022

Corporate tax exemption will also be applied to foreign currencies in KKM

Daily News

The corporate tax exemption for the income of institutions from currency protected deposits will also be applied to foreign currencies. The corporate tax exemptio...

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27 Oct 2022

Musk denies plans for massive layoffs on Twitter

Daily News

The world's richest man Elon Musk, who is nearing the end of the Twitter deal, is reportedly not considering any major layoffs at the company. Tesla boss Elon Mus...

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27 Oct 2022

All eyes on the ECB in the Eurozone, so what does the market expect?

Daily News

While the euro and dollar are once again equal, the European Central Bank's interest rate decision is of critical importance for the course of the euro. In Europe...

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26 Oct 2022

Inflation in Australia hits 32-year high

Daily News

Inflation in Australia has reached its highest level since 1990, while pricing in interest rate hikes has also increased. Inflation in Australia rose to a 32-year...

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26 Oct 2022

Hedge funds reduce risk

Daily News

According to data from Goldman Sachs and Morgan Stanley, hedge funds are experiencing a significant decline in risk appetite. Data compiled by Goldman Sachs earli...

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26 Oct 2022

Competition fine of 347 million lira to Meta

Daily News

The Competition Board has imposed an administrative fine of 346 million 717 thousand 193 lira on Meta Platforms (Facebook), Meta Platforms Ireland (Facebook Irela...

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26 Oct 2022

Microsoft's GitHub hits $1 billion in annual revenue

Daily News

Microsoft’s internet-based storage service GitHub has reached $1 billion in annual revenue with over 90 million active users. The popular code repository service ...

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21 Oct 2022

New hawkish messages from the Fed

Daily News

While Fed swaps are pricing that the policy rate will peak at 5 percent for the first time in the first half of 2023, hawkish messages about monetary policy conti...

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18 Oct 2022

TAV consortium becomes “preferred operator” in Lagos tender

Daily News

TAV Airports consortium was selected as the “preferred operator” in the tender opened for the 20-year operation and development of the international passenger and...

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18 Oct 2022

China did not release critical data

Daily News

In China, critical economic data that coincides with the Communist Party congress has not been released on the data calendar. Experts believe that the data was no...

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18 Oct 2022

Car sales in Europe remain below pre-pandemic levels

Daily News

New vehicle sales in European Union countries increased for the second month as supply chain problems eased. However, despite the increase, sales continued to rem...

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