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Category: Markets

AWS to Invest €7.8 Billion in European Sovereign Cloud

May 17, 2024 Rose Turner

Sovereign Cloud Region to be AWS’s First, Located in Brandenburg, Germany Amazon Web Services (AWS) has announced a substantial investment of €7.8 billion in its sovereign cloud infrastructure in Germany, set to extend through 2040. […]

Markets

US durable goods orders take a dive; business investment in equipment seems to weaken

February 28, 2024 Rose Turner

Orders for durable goods in the US, items intended to last for three years or more, from toasters to aircraft, took a significant hit last month, marking the most substantial decline in nearly four years […]

Markets

Key Points Ahead of Market Opening: Sensex and Nifty Likely to Open Flat

December 18, 2023 Jennifer Blaze

On December 18, the benchmark Sensex and Nifty indices are poised for a relatively flat opening, as per indications from the GIFT Nifty, projecting a marginal gain of 4 points for the broader index. The […]

Markets

Euro falls after publication of US employment data

January 5, 2023 Jennifer Blaze

The euro declined today against the dollar, after the publication of data on job creation in the United States that leave room for the Federal Reserve (Fed) to further interest rate hikes. At 6:00 pm […]

Markets

A Rising Dollar Is Hurting Other Currencies. Central Banks Are Stepping In.

October 27, 2022 Charlotte Prinze

The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Governments around the world have sought to stabilize their currencies and defend their economies […]

Markets

Wall Street’s go-to recession indicator is starting to get attention

February 12, 2022February 12, 2022 Pedro Yanowitz

Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a traditional recession signal is still catching Wall Street’s attention.

Markets

Goldman Sachs cuts US GDP growth forecast for 2022 over Omicron fears

December 6, 2021 Rose Turner

Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus. Goldman economist Joseph Briggs said in […]

Markets

Recent Posts

  • Indonesia Energy Corp. Ltd: Expanding Indonesia’s Oil and Gas Exploration
  • Zapp Electric Vehicles Group Ltd.: Innovating the Future of Electric Mobility
  • iOS 18 Release: What to Expect and Which iPhones Are Compatible
  • Oracle Stock Surges with Strong Performance and AWS Partnership
  • Uber Faces €290 Million Fine from Dutch Data Protection Authority

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