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Posted 01/07/2022

Eurozone Inflation Hit Fresh Record of 8.6% in June; Factory Output Falls for First Time in 2 Years

Inflation in the eurozone reached a fresh record high of 8.6 percent in June,...

Posted 30/06/2022

Global Mobile Sales Expected to Fall 7.1% in 2022 amid Geopolitical Uncertainty, Recession

Analyst firm Gartner Inc. forecasted Thursday worldwide mobile phone sales to plummet 7.1% this...

Posted 29/06/2022

“Impossible to Replace EU Gas Supplies with LNG,” Shell CEO Warns amid Problematic Winter

Shell CEO Ben van Beurden said that it is impossible to replace Russian gas...

Posted 29/06/2022

Hungarian Central Bank Hikes Rate by a Whopping 185bps to Combat 20-Year High Inflation

The National Bank of Hungary (NBH) made a shocking move on Tuesday by raising...

Posted 29/06/2022

US Consumer Confidence Drops to 16-Month Low in June on Inflation Concerns

Consumer confidence in the United States reached a 16-month low in June, according to...

Posted 28/06/2022

European Central Bank says it is ready to “move faster” on rates if needed

European Central Bank President Christine Lagarde at the annual conference in Portugal on Tuesday...

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