Germany, Europe’s largest economy, is expected to shrink by 0.4% this year, according to the latest forecast by the European Commission. This is a sharp...
China’s iPhone Ban: A Blow to Apple and a Warning to Western Tech
China has reportedly issued a directive that prohibits central government officials and employees at state-owned enterprises from using iPhones. The ban, which has not been...
Asian Markets Fall Ahead of US Inflation Data
Asian markets mostly fell on Monday as investors turned their attention to a key US inflation report due later this week, hoping for a reading...
Wind and Solar Reach a Milestone in Global Electricity Generation
The world is shifting to cleaner and greener sources of electricity, as wind and solar power reached a record 10% of global electricity generation in...
China’s Economy Shows Signs of Stabilization Amid Challenges
China’s economy, the world’s second-largest, has been facing a series of challenges in recent months, including a slowing growth rate, a property crisis, a Covid-19...
China’s Economic Growth Slows Down Amid Weak Exports and Property Crisis
China has officially forecast a growth of “around 5 per cent” for 2023, down from the previous target of “above 6 per cent” set in...
Telecoms Market to Witness Robust Growth in 2023-2031 Period
The global telecoms market is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2031, reaching a value of...
SAP SuccessFactors Service Market to Witness Remarkable Growth by 2030
The global SAP SuccessFactors Service market is expected to reach a multimillion-dollar valuation by 2030, exhibiting an impressive compound annual growth rate (CAGR) during the...
Aussie Dollar Expected to Recover from 10-Month Low on China’s Economic Stimulus
The Australian dollar, which has been under pressure from global growth concerns and higher US yields, may see some relief in the coming weeks as...
Why America’s banks are underperforming despite a strong economy
The US economy is recovering from the pandemic-induced recession, with GDP growth expected to reach 6.5% in 2023, according to the Federal Reserve. However, the...
Israel’s Central Bank Governor and Prime Minister to Discuss Second Term Next Month
Bank of Israel Governor Amir Yaron met with Prime Minister Benjamin Netanyahu on Sunday and discussed whether Yaron would consider a second term, the central...
Amazon’s crackdown on aggregators puts an end to a billion-dollar bubble
Aggregators are companies that raise capital, usually debt, to buy successful small businesses that operate only on Amazon’s platform. They aim to leverage their data-driven...
Gett in talks with Fortissimo Capital for a $200 million deal
Gett, an Israeli company that provides on-demand transportation services for businesses, is reportedly in advanced negotiations with Fortissimo Capital, a private equity firm based in...
Tel Aviv Office Rental Prices Drop as Tech Sector Slows Down
Tel Aviv, the business center of Israel, has been hit hard by the slowdown of the high-tech sector, which has been one of the main...
Gold prices recover from 10-day low as dollar weakens
Gold prices edged higher on Friday, recovering from a 10-day low hit in the previous session, as the dollar retreated from a near six-month high....
S&P 500 Remains Resilient Despite Market Volatility
The S&P 500 index has been showing remarkable strength in the face of various challenges, such as inflation fears, global banking troubles, and economic data....