Apple on Thursday announced financial results for its fiscal 2024 fourth quarter ending Sept. 28, with a revenue of 94.9 billion U.S. dollars, up 6 percent year on year. Its quarterly net…
Category: Economics
Amazon announces financial results for its third quarter
Amazon.com Inc. on Thursday announced financial results for its third quarter ending Sept. 30, with net sales increasing 11 percent to 158.9 billion U.S. dollars year over year. Its North America segment…
Wall Street sees disappointing quarterly results from major tech firms
U.S. stocks sank on Thursday as Wall Street absorbed disappointing quarterly results from major tech firms and anticipated additional earnings reports. The Dow Jones Industrial Average fell by 378.08 points, or 0.90…
Croatia’s annual inflation rate in October stood at 2.2 percent
Croatia’s annual inflation rate in October stood at 2.2 percent, halting the gradual decline since May, the Croatian Bureau of Statistics said in a statement on Thursday. The country’s annual inflation dropped…
Poland’s consumer price index (CPI) is estimated to increase
Poland’s consumer price index (CPI) is estimated to increase by 5.0 percent year-on-year in October, up slightly from 4.9 percent in September, the Central Statistical Office (GUS) announced on Thursday. October’s inflation…
Prices in Italy rose by 0.9 percent in October
Prices in Italy rose by 0.9 percent in October, indicating slight upward pressure even as inflation stayed below long-term trends and remained under the eurozone average. Italy’s National Statistics Institute, ISTAT, reported…
UK budget causes potential growth setbacks and pressures
Following British Chancellor Rachel Reeves’s announcement of the Autumn Budget, experts have expressed mixed views on the direction and challenges for the economy, highlighting potential growth setbacks and pressures on the private…
Erdogan sees positives in ties with BRICS members
Turkish President Recep Tayyip Erdogan has said that advancing relations with members of BRICS, which has a significant global economic impact, would benefit his country in every respects. After a cabinet meeting…
Israeli Finance Ministry significantly lowers growth forecast
The Israeli Finance Ministry has significantly lowered the growth forecast for the country’s economy to 0.4 percent in 2024, compared to the previous forecast of 1.9 percent given in June this year….
Dubai New Energy Conference discusses industry trends
The third CNBM Dubai New Energy Conference was held in Dubai on Tuesday to discuss industry trends and share insights on green energy and sustainability practices. Hosted by China National Building Material…