The administration of President Biden has approved the allocation of large funding to Intel in the amount of up to $7.86 billion. These funds, provided for by the Chips and Science Act, are aimed at supporting the development of the American semiconductor industry. The investment will be used to implement Intel's already planned production projects in Arizona, New Mexico, Ohio and Oregon.This funding complements Intel's previous $3 billion contract, which was awarded to the U.S. government to pr... Více
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Více
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Více
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Více
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Více
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Více
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Více
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Více
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Více
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Více
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Více
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Více
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Více
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Více
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Více
According to the US Federal Reserve, the volume of industrial production in the United States in... Více
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Více
Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Více
The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Více
Today, Gold quotes rose to a week maximum, reaching $ 1,580 per troy ounce. The precious metal is... Více
According to the U.S. Department of Labor, the number of Americans applying for unemployment... Více
The OPEC+ Technical Committee recommended that the organization’s member countries reduce oil p... Více
According to the European statistical agency Eurostat, retail sales in the eurozone in December... Více
The sterling lost more than 1% after British Prime Minister Boris Johnson said he would not accept... Více
According to the final data of the research organization IHS Markit, the index of business activity... Více
According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Více
Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Více
The German government raised its forecast for GDP growth for 2020 and promised to create all... Více
OPEC representatives said the organization is ready to extend the current decline in oil production... Více
Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Více
According to preliminary data from the Markit Economics Research Organization, the composite index... Více
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