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Latest Economic News

Apple's market value approached $4 trillion

December, 24 2024

Apple is rapidly approaching the historical mark of a market capitalization of $4 trillion, which is facilitated by the growing interest of investors in the introduction of artificial intelligence (AI) into the company's products. This comes amid Apple's efforts to revive iPhone sales, which are showing a slowdown.Since the beginning of November, Apple's shares have grown by about 16%, increasing the company's capitalization by $500 billion and allowing it to overtake Microsoft and Nvidia in the... Read More

Latest Economic News

Apple's market value approached $4 trillion

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The ECB has kept rates unchanged, but introduced a stimulus package against coronavirus

Bank of England urgently cut rate to deal with coronavirus effects

Saudi Arabia will increase oil supplies to 12.3 million barrels per day in Apri

Italy will allocate 7.5 billion euros to fight against coronavirus

Bank of Canada cut a key rate due to virus fears

US Federal Reserve cut the rate unscheduled for the first time since 2008

Central Bank of Australia lowered rate to record low

Italy's GDP growth slowed in 2019 to 0.3%, a minimum for 5 years

Eurozone inflation expectations drop to record low

European stock exchanges fall by more than 3% on concerns over coronavirus

German economy nears stagnation in first quarter with coronavirus outbreak

Italy has become the epicenter of the spread of Chinese coronavirus

The ECB expects the completion of the coronavirus epidemic will lead to a significant revival of the eurozone economy

Gold has risen to a high in 7 years

UK annual inflation accelerates to 1.8% in January

Apple shares fell on Tuesday

Japan's GDP in the IV quarter fell at the fastest rate since 2014

US industrial production in January fell by 0.3%

US annual inflation accelerates to 2.5% in January

China maintains its goal of GDP growth despite coronavirus exposure

UK economy showed zero growth in the IV quarter

Gold rises in price, the market estimates the economic damage from the coronavirus

The number of applications for unemployment benefits in the US fell to a minimum since April

OPEC + committee proposes a stronger reduction in production due to coronavirus

Retail sales in the eurozone in December fell 1.6%, worse than forecast

Boris Johnson does not want to accept EU standards

The index of business activity in the manufacturing sector in Germany in January amounted to 45.3

Annual inflation in the Euro zone accelerated to 1.4 in January%

Interest rates left at 0.75% amid signs of rebound for UK economy

Germany raises 2020 growth forecast slightly to 1.1%