The winter could be long and cold in Europe because of gas

17-06-2022
To make matters worse, Russia's Gazprom on Tuesday announced a 40 per cent cut in gas supplies to Germany, via the old Nord Stream pipeline

Germany's gas supply has been reduced by 60 percent in just two days

17-06-2022
German Economy Minister Robert Habeck has accused Russia of trying to create discomfort and a move to raise gas prices.

US Federal Reserve hikes rate by 75bps, the biggest in 28 years

15-06-2022
US Central Bank had raised its benchmark lending rate by 75 bps (Basis Percentage Point) to 1.50 per cent

Dollar rises ahead of Fed; Pound falls on prospects of new Scottish independence vote

15-06-2022
US Dollar Index (DXY) measured against a six major currency on an average gained ground ahead of US Fed meet

The UK has issued a controversial law amending the Brexit deal

15-06-2022
European leaders have warned that the bill is a way to destroy relations between London and Brussels.

What is hyperinflation and should you be worried about it

15-06-2022
Hyperinflation has happened several times, the most famous being in Germany in 1920

US recession fears mount as S&P 500 confirms bear market, Asian markets tumble again

14-06-2022
Wall Street bellwether S&P 500 bottomed to the lowest since March 2021

Central banks are lagging in curbing inflation

14-06-2022
Stock prices fell sharply last week as inflationary pressures did not ease.

830,000 vehicles of the car giant could be recalled

14-06-2022
NHTSA said it is currently investigating more than 1,100 other accidents that have occurred involving an autopilot.

Cessation of investment in development means doom

14-06-2022
Only when technology is combined with more innovative ways of applying it, whether it is new production processes, new products or new ways of distribution, can it ensure long-term growth and development.

The scientist warns: If you wash dishes with a sponge, throw it in the trash

13-06-2022
The scientist also said that cleaning a sponge doesn't make much of a difference, and the only way to ensure complete hygiene while using it is to use a new sponge every day - which is expensive and bad for the environment.

Wall St. stomachs biggest weekly decline since January after flabbergasting CPI data

13-06-2022
Key indices of Wall St. have reported their worst weekly percentage decline since January on Friday

Russia chops off benchmark borrowing cost to 9.5 per cent as inflation slows down

13-06-2022
Central Bank of Russia had slashed its benchmark overnight lending rate to 9.5 per cent and kept the door open to further loosening of monetary policy

Asia-Pacific stocks slump as US CPI skyrockets to 40-year peak

13-06-2022
Asia-Pacific stock indices had been tottered on Monday with Government bonds edging higher

US Dollar jumps to 20-year-peak versus yen as yields march ahead

13-06-2022
The US Dollar Index (DXY) measured against a basket of six major currencies on an average opened up the day 0.32 per cent higher, as market participants reacted to a surprisingly higher US inflation

Instead of covid, diseases we forgot about return: "Viruses behave strangely"

13-06-2022
One explanation is that the limitations caused by covid and wearing masks in the last two years have given other infectious diseases little chance of spreading in the way they once did.

These are car brands that do not have SUV models in their offer

13-06-2022
The offer is the densest in the compact segment, where crossovers have completely eliminated minivans, and caravans and even classic three-volume forms are well endangered.

Huge divisions and criticisms of the United States at the America Summit

12-06-2022
US President Joe Biden and other leaders of the countries of North and South America presented measures to deal with the regional migration crisis, which seeks to save the Summit of America, which has shaken divisions.

It started: The first robo-taxi service in the world launched

12-06-2022
It is a pilot project launched by Hyundai in Seoul. It's called RoboRide, and it includes two Ioniq5 autonomous vehicles that will operate in Gangnam County, the busiest area in Korea.

Xiaomi collaborates with McDonalds: If you buy a phone, you get a burger

11-06-2022
Xiaomi has just announced a new partnership with a fast food based company.

After September, the ECB starts a gradual but continuous increase in interest rates

11-06-2022
The European Central Bank has confirmed that the cycle of raising the price of money begins in July.

US consumer price index hits fresh 40-year peak of 8.6 per cent in May

10-06-2022
US consumer prices spiked further in May as petroleum prices hit a new record high last month

UK’s Deloitte to split auditing and consulting business

10-06-2022
Deloitte has been mulling an option to separate its audit and consulting businesses

The head of a large global company announced huge fuel prices

09-06-2022
Jeremy Weir, head of the multinational company Trafigura, one of the world’s leading raw material retailers, is the latest global business leader to announce a black scenario in the second half of the year.

Stock prices are rising on the European stock markets

08-06-2022
European indices rose more than one percent yesterday.