Germany “rested on its laurels” too long, report finds
Newszy: Los Angeles/DNA – High levels of governance have masked a slow decline in Germany, with political, economic, and social fractures “festering over years”, a...
Month : January 2025
H&M reports lower-than-expected Q4 sales, shares decline over 3%
Shares of H&M fell on Thursday after the Swedish fashion retailer reported lower-than-expected fourth-quarter sales, despite a slight increase in full-year operating profit. The company...
Shell raises dividend and announces $3.5 billion share buyback
British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand....
Russian grain exports reach 72 million tonnes milestone in 2024
Russia achieved a historic milestone in 2024, with grain exports reaching a record-breaking 72 million tonnes, according to data released by the Russian Agricultural Export Development...
Sheikh Abdullah meets Indian minister to enhance strategic partnership
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with Dr. Subrahmanyam Jaishankar, External Affairs Minister...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about...
High inflation and borrowing rates weigh on household budgets
The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as the economy...
Bitcoin market cap falls below $2 trillion after weekend high
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130 million...
Japan raises interest rates to 0.5 percent amid inflation concerns
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The...
US home sales stall as mortgage rates hit highest level since 2024
US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a...