Tag: Economy
MEF, state sector surplus down: August balance at 650 million
(Finance) – The surplus of the state sector falls in August. According to what was communicated by the MEF, the balance of the state sector closed, provisionally, with a surplus…
Fiumicino, Korean Air flights to Seoul resume
(Finance) – The Korean Air connection between Rome Fiumicino and Seoul resumed yesterday, served by a Boeing 777-200 featuring a new configuration of 36 seats in Business Class and 225…
Medica acquires 100% of Slom
(Finance) – MedicalItalian integrated biomedical and MedTech group, announces that it has acquired 100% of the capital of Slom through its subsidiary Tecnoideal. Luciano Fecondinifounder and President of Medica, said…
US and China still at loggerheads on Nvidia and AMD chip trading
(Finance) – USA and China remain at loggerheads on the question of Taiwan’s independence and commercial, military and technological supremacy. The latest act in a story that has long plagued…
Wall Street starts September with weakness
(Finance) – Wall Street moves in fractional decline, starting the month of September on weak tones, reflecting the concerns about a possible recession, caused by the restrictive policies of central…
USA, Challenger: layoffs fall in August
(Finance) – There is a decrease in layoffs in the United States in August 2022. According to Challenger, Gray & Christmas reportmajor US companies reported a cut of approximately 20,485…
Poverty, Guindani’s shots in the “basureros” where entire communities of people live
(Finance) – Every hour, about 300 trucks full of waste enter the interior of the big landfill which collects garbage from the most populous urban area in all of Central…
Jobs, Istat: the number of employees decreases in July
(Finance) – In July 2022, the number of employees remains stable above 23.2 million, despite recording a slight decline for the first time since August 2021. This was announced by…
China, Caixin: manufacturing slips into contraction zone in August
(Finance) – The Chinese manufacturing activity, surprisingly, went into a contraction area in August due to the closures for Covid and the lack of energy caused by the drought that…
Fed is not loosening its grip on rates. Mester: over 4% in 2023
(Finance) – Even if the risk of recession increases, the American Central Bank does not seem to be willing to ease its grip on interest rates. Indeed, as said by…