Maersk avoids Panama Canal

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Source: Dukascopy Bank SA
Due to a drought Maersk is set to avoid the Panama Canal and use rail transport to ship containers. The drought is set to add even more to global shipping costs, as the Suez Canal is being avoided due to terrorist attack risks.
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Thu, 11 Jan 2024 13:32:13 GMT

US publishes Consumer Price Index

The United States Bureau of Labour Statistics has published the United States Consumer Price Index data. The data revealed that inflation in the United States is higher than expected. The US Dollar is surging and the stock market is dropping.

Thu, 11 Jan 2024 16:30:04 GMT

Google fires employees

Alphabet has revealed that Google is set to fire hundreds of employees in the engineering hardware and assistant teams. Most of the layoffs would occur in department responsible for Augmented Reality.

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