Tag: Economy
The Turkish Central Bank lowers its key rate and aggravates the fall of its currency
In Turkey, inflation is at historic highs. 79.6% over one year in July and this rate is only growing. But as usual, the Central Bank operates contrary to the practices…
OPEC general secretary hopes to extend agreement with Russia
(Finance) – “We would like to extend the agreement with Russia and the other non-OPEC producers, it is very difficult for me to imagine that the agreement will not continue.…
USA, gas storage last week +18 BCF
(Finance) – Increase less than expected weekly gas storage in the USA. According to the Energy Information Administration (EIA), a division of the US Department of Energy, gas storage in…
Bed Bath & Beyond, the rally runs out: Ryan Cohen sells share
(Finance) – Bed Bath & Beyond, a US household goods chain, may have finished the rally that led to it more than quadruple its value in about two weeks. The…
Mega Cap, tech giants account for 44% of the capitalization
(Finance) – I tech giants represent the 44% of the capitalization total market of all Mega Cap company, according to research by BestBrokers. The three most valuable companies – Apple…
Eurozone, construction production continues to decline in June
(Finance) – The construction market in the Euro Zone in June 2022. According to Eurostat, production in the construction sector recorded a -1.3% on a monthly basis, after the -0.3%…
Taiwan-USA, negotiations for a trade agreement begin
(Finance) – Taiwan and the USA They have reached “consensus on the negotiating mandate” on 11 areas – including climate, agriculture and digital commerce – with the aim of working…
Macroeconomic appointments of August 18, 2022
(Finance) – Thursday 18/08/2022 11:00 am European Union: Consumer prices, annual (expected 8.9%; previous 8.6%) 11:00 am European Union: Consumption prices, monthly (expected 0.1%; previous 0.8%) 11:00 am European Union:…
Ex Ilva, Unions write to MiSE
(Finance) – Fim, Fiom and Uilm have sent a letter to Invitalia and the Ministry of Economic Development to ask for a meeting on direct financing that the Government has…
Manchester United, Glazer family evaluates sale of minority stake
(Finance) – The American family Glazer would be considering the possibility of selling a minority stake of the Manchester United, people familiar with the matter told Bloomberg. The owners would…