The International Monetary Fund has said that it expects inflation pressures to be significant around the world in 2022. Inflation is predicted to be worse in developing economies, where price increases are projected to reach 8.7 percent on average ove…
While Tencent weathered the Chinese government heavily regulating its big tech companies well for the majority of 2021, the past two quarters saw a sharp decline in gross profit for the tech giant. In Q1 2022, the company only managed to generate $8.4 …
Lest there be any doubt about whether we’ve been in a bear market since January, this morning’s action should disabuse those of that notion. Especially the boobs waiting for a CNBC declared bear market on the basis of a 20% decline.
Whether or no…
With inflation standing at 8.3% year-over-year in April, everyday items are becoming pricier for U.S. consumers. Food prices in particular took some significant steps up, as seen in the example of shopping for hamburger ingredients.Meats experienced so…
China’s economy reached a GDP of 114 trillion yuan ($18 trillion) in 2021, well above government targets. What sectors drove that growth?
Burnout makes everyone uncomfortable, so it’s largely a silent epidemic.
10 years ago, on May 18, 2012, Facebook went public in what is still the largest tech IPO in history. After pricing its shares at the upper end of the scale due to strong demand, Facebook raised $16 billion in an initial public offering that valued the…
While not directly intervening in the war in Ukraine so far, countries around the world have been contributing to the defence of Ukraine via financial, humanitarian and military aid. In absolute terms, the largest supporter as of May 10 – by a very lar…
Even with travel restrictions, curfews and closures of tourist attractions all over the world due to coronavirus pandemic, the Museé de Louvre still saw 2.7 million people visiting its exhibitions in 2020. As our chart shows, the runner-ups for the tit…
According to official data by Mexico’s Comisión Nacional de Búsqueda overseen by the Interior Ministry, the number of currently disappeared people in the country surpassed 100,000 in the latest update. Combined with figures from a report by the Jesuits…