Amazon loses $1 trillion market value and becomes the world’s first company to lose a trillion-stock value
Amazon shares fell around 4.3% on Wednesday pushing the company’s market value to about $870 billion ...
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‘Living on the Edge’ and Clouding the Economic POV: International Monetary Fund (IMF) releases 2022 Outlook on Sub-Saharan Africa
After a period of stagnation, activity picked up in 2021, boosting GDP to 4.7%; however, the ...
Solar mini grids could provide power to half a billion people by 2030 with the right steps, says World Bank
At the present rate of development, 670 million people would be deprived of electricity by 2030 ...
World Bank announces that Economic growth in East Asia to diminish sharply in 2022
World Bank announces that the expected growth of East Asia and the Pacific region, including China, ...
Stagflation risk raises amidst sharp slowdown in global growth outlook
Stagflation is an economic situation introduced by a blend of slow economic growth, with rising prices ...
Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration
On Friday (5th May 2022), Australian stocks plunged lower amidst the worldwide sell-off with all industries ...
The thriving macroeconomic outlook drives Shell’s idea to increase payouts for shareholders
Oil giant Shell announced that the shareholders would get a hike in the payouts as the ...
IMF Report Highlights Slowing Disinflation Momentum and Steady Global Growth
The IMF increased its prediction for 2025 by 0.1 percentage points to 3.3% while maintaining its ...
India’s Union Budget 2022: Highlights and Updates
Finance Minister, Nirmala Sitharaman, presented India’s Union Budget 2022 in the Indian Parliament at 11:00 AM ...
UAE Stock Market Hits $1 Trillion Milestone As IPO Booms
UAE stock market growth was due to successful IPOs, increased foreign inflows, and strong corporate earnings. ...
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