Category: Uncategorized

Consumer prices fell 0.1% in December, in line with expectations from economistsThe consumer price index fell 0.1% in December, meeting expectations, for the biggest drop since April 2020. Excluding food […]

Inflation crisis poses greatest near-term global threat, Davos survey warnsThe World Economic Forum’s annual Global Risks Report found the cost of living crisis and climate change are the biggest short […]

China cuts deal with Taliban to extract oil in AfghanistanThe Taliban is cutting its first major energy extractions agreement since taking control of Afghanistan in 2021, agreeing to a 25-year […]

Goldman Sachs says it no longer expects a recession in euro zone in 2023Goldman Sachs GS-N -0.59%decrease said on Tuesday it expects the euro zone economy to grow by 0.6 per cent this […]

Microsoft reportedly in talks to invest US$10-billion in ChatGPT-owner OpenAIMicrosoft Corp MSFT-Q +0.88%increase is in talks to invest $10-billion in ChatGPT-owner OpenAI as part of funding that will value the firm at $29-billion, […]

Payment Technology Company Nuvei Signs Deal Valued At US$1.3B To Buy PayaThe Canadian Press – Canadian Press – Mon Jan 9, 8:26AM CSTMONTREAL — Payment technology company Nuvei Corp. has signed a deal […]

Gold hits 8-month peak as bets of slower rate hikes dent dollarGold prices hit an eight-month high on Monday, as the dollar slipped on bets for slower U.S. interest rate […]

Oil jumps 3% on demand optimism as China borders reopenOil extended gains on Monday, rising about 3% after China’s move to reopen its borders boosted the outlook for fuel demand […]

European markets close higher as travel stocks get a boost; German inflation lower than expectedThe pan-European Stoxx 600 closed up 1.2%, with almost all sectors in positive territory. Europe’s banking index rose […]