Business
World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.
AI chipmaker Nvidia to join Dow Jones, replacing rival Intel
06.11.2024
AI chipmaker Nvidia to join Dow Jones, replacing rival Intel
The artificial intelligence leader Nvidia is set to replace Intel in the Dow Jones Industrial Average (DJIA), as announced in…
Thousands of jobs to go at German car parts maker Schaeffler
06.11.2024
Thousands of jobs to go at German car parts maker Schaeffler
German auto parts and machinery maker Schaeffler AG is to cut 4,700 jobs in Europe, demonstrating that the struggle of…
Could a Trump administration challenge the Fed’s independence?
06.11.2024
Could a Trump administration challenge the Fed’s independence?
As Americans await the outcome of the 2024 presidential election, the potential economic impact of a Trump administration on Federal…
Tech results mixed: Apple faces China slowdown, Amazon rides AI growth
02.11.2024
Tech results mixed: Apple faces China slowdown, Amazon rides AI growth
Apple and Amazon have reported their September-quarter earnings with mixed results, shedding light on the intensifying race in artificial intelligence…
Why is Spain’s economy growing faster than its eurozone peers?
01.11.2024
Why is Spain’s economy growing faster than its eurozone peers?
Spain's economy grew 3.4% year-on-year in the period from July to September, according to new data from Eurostat out on…
Eurozone inflation tops estimates in October: Could this affect ECB policies?
01.11.2024
Eurozone inflation tops estimates in October: Could this affect ECB policies?
Inflation in the eurozone accelerated in October, with the consumer price index reaching 2% year-over-year, surpassing economist predictions of 1.9%…
Russian central bank hikes interest rate to record-high 21% to fight inflation
28.10.2024
Russian central bank hikes interest rate to record-high 21% to fight inflation
Russia's central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an…
Mercedes profit driven down as demand slows in Chinese market
26.10.2024
Mercedes profit driven down as demand slows in Chinese market
Profits at Mercedes-Benz fell by around 54% year-on-year in the third quarter of this year, according to the firm's earnings…
Will the European Central Bank opt for a large rate cut in December?
26.10.2024
Will the European Central Bank opt for a large rate cut in December?
Market participants have raised their expectations for the European Central Bank (ECB) to take a significant step with its next…
Oil slumps as fears recede that Israel may target Iran’s oil facilities
16.10.2024
Oil slumps as fears recede that Israel may target Iran’s oil facilities
Crude oil prices fell sharply following reports that Israel may refrain from targeting Iran's oil or nuclear facilities in any…