Recently released 2022 data has revealed that for the first time in six decades urban employment had declined in China.
The Apple supplier Foxlink has revealed that the company is unlikely to resume its operations in India during the following next two months. The company's local factory has suffered in a major fire.
The Prime Minister of Japan, Fumio Kishida has stated that businesses should increase employee wages to combat the ongoing rising inflation.
The US Treasury Secretary Janet Yellen has commented that she would discuss a potential US budget deficit reduction with the US Congress in an effort to deal with a possible US government default.
The Chief Executive Officer of the Blackstone fund Steve Schwarzman has received $1.26 billion in pay and dividends during 2022.
The US Treasury Secretary Janet Yellen has stated that the US nominee to head the World Bank Ajay Banga is set to overcome all criticism of his nomination.
The French defence group Thales has revealed that it would hire additional 12,000 employees, as orders for armaments have skyrocketed.
The Information news outlet has reported that Twitter has laid off 50 additional workers in an effort to continue to cut costs.
The profits of Berkshire Hathaway declined in the fourth quarter of 2022, as the investment fund suffered due to a decline in its investments and currency fluctuations.
The producer of Nokia phones HMD Global has revealed that it would set up smart-phone production in Europe, despite the competition continuing to produce in Asia.
The International Monetary Fund has revealed that banning private cryptocurrencies might help in the restructuring of global debt.
The International Monetary Fund has announced that the G20 countries are at a disagreement of how to handle the debt of failing economies.
Reuters has revealed that various global food product makers would reduce their line up due to low product turnover.
The head of the Bank of Japan Haruhiko Kuroda has revealed that he intends to continue to keep the central bank's ultra loose monetary policy.
The events software provider Cvent has refused a $3.9 billion bid offer from the Blackstone group.
The World Bank has announced that it would offer some concessions to its debtor countries, as they battle the ongoing global economic decline.
The President of Mexico Manuel Lopez Obrador has stated that the decision to allow the construction of a Tesla car plant in the northern part of the country would depend on the availability of water in the region.
The US bank Morgan Stanley has revealed to be cooperating with US regulators in an investigation of the bank's block trading practices.
Due to a switch to natural gas from coal at power plants, the United States have decreased their CO2 emission amount.
The CEO of Stellantis Carlos Tavares would take a 14% pay decrease for 2022. The total salary of the CEO has declined to $15.7 million.
The Ministry of Finance of Thailand has revealed that despite ongoing global economic turmoil the country expects to grow its economy by 3.8% in 2023.
The US Treasury Secretary has commented that the fight against inflation in the US appears to have no set linear course.
As recent inflation data has beat market consensus expectations, the US Dollar has continued to surge due to the markets expecting more rate hikes aimed at stopping US inflation.
In January, US Consumer Spending has reportedly increased by 1.8%. Meanwhile, wages had grown only by 0.6%, which indicates that US consumers continue to take on debt for their expenses, amid surging inflation.