Federal Reserve is set to cut rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA
A recent Reuters poll has revealed that economists expect the US Federal Reserve to cut interest rates by 25 base points at each meeting throughout the rest of 2024.
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Wed, 21 Aug 2024 11:08:48 GMT

Walmart sells JD.com stake

The major US retailer and biggest shareholder of JD.com has sold its entire stake of the company's stock. The sale amounts to a total of $3.74 billion.

Wed, 21 Aug 2024 18:30:03 GMT

GM fires employees

General Motors has announced that the firm has fired 1,000 employees from service and software departments across the world.

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