The criminal trial in San Francisco federal court, set to begin on Monday, revisits Hewlett Packard’s (HP) ill-fated acquisition of UK software maker Autonomy over a decade ago. The trial…
Category: Finances
ECB Maintains Rates Amidst Declining Inflation
The European Central Bank (ECB) decided to keep its benchmark interest rates unchanged during its March meeting, aligning with expectations from market observers. Notably, the bank emphasized a further decrease…
Bitcoin Surges Above $65,000, Approaching All-Time High
Bitcoin’s Rally ContinuesIn the early hours of Monday, the price of Bitcoin surged above $65,000, marking a significant milestone in its ongoing rally. Institutional investors have been instrumental in driving…
Swiss Economy Shows Modest Growth, Led by Services
In the fourth quarter of 2023, Switzerland experienced a GDP growth of 0.3%, maintaining a pace consistent with its below-average growth from the preceding quarter. The Swiss Federal Statistical Office,…
Bitcoin Surges Past $60,000 Mark
Bitcoin’s price surged above $60,000 for the first time since 2021, briefly reaching $64,000 before settling around $63,385 early Thursday. This surge brings the cryptocurrency closer to its previous record…
Turkey Maintains Key Interest Rate Amid Soaring Consumer Prices
Interest Rate Decision On Thursday, Turkey’s central bank opted to keep its key interest rate steady at 45%, refraining from further rate hikes despite a significant surge in consumer prices,…
Currency Dispute in Kosovo: Political and Economic Ramifications
Introduction of the Euro in Kosovo The recent decision by Pristina to adopt the euro as the sole legal tender throughout Kosovo has stirred controversy, underscoring the intricate nexus between…
Steady UK Inflation Defies Expectations
Contrary to economists’ predictions of a slight acceleration, inflation in the UK remained stable at 4% in the 12 months leading up to January. This resilience was attributed to a…
Valentine’s Day Strike: Delivery Drivers Demand Fair Pay
Concerns Over Compensation: UK Drivers Take Action As Valentine’s Day approaches, Deliveroo and Uber Eats drivers in the UK are preparing to strike over pay disputes. Alongside workers from Just…
EU Bank Crisis Fund Reaches Capacity
Eurozone banks have fulfilled their annual contributions to the EU’s Single Resolution Fund, reaching its intended capacity of €78 billion. This milestone signals that further financial contributions from lenders will…