Berkshire Hathaway reports a 1.2% decline in Q2 revenue to $92.5 billion, with net earnings plummeting by 59.2%. The company cites macroeconomic and geopolitical uncertainties as p...
Tata Consultancy Services plans a 2% workforce cut, impacting 12,000 employees, due to AI advancements and economic challenges. Affected staff will receive severance and support se...
Eni S.p.A. reports an 18% decline in Q2 net profit to €543M, with operating profits and sales also dropping. CEO Claudio Descalzi highlights the company's resilience and strategic ...
TCS announces 100% variable pay for 70% of its employees for Q1, with salary hikes still under deliberation amidst economic challenges. The company added over 5,000 employees, reac...
Japan's industrial production index slightly decreased by 0.1% in May, with a 2.4% drop from the previous year. Shipments increased monthly but fell annually, while inventories and...
Japan's trade deficit for May hit ¥522.3 billion, meeting expectations but highlighting economic challenges. Despite a decrease from April's figures, the year-on-year increase refl...
RWE AG reports a decrease in Q1 adjusted net income to €0.5 billion in 2025, down from €0.8 billion in 2024, indicating potential challenges ahead.
Ford Motor Company announced a 5% decrease in Q1 revenue for 2025, totaling $40.7 billion, highlighting challenges in the automotive sector. Details on recovery strategies are awai...
The US saw an unexpected increase in initial jobless claims by 18,000 to 241,000, exceeding forecasts. The four-week moving average and insured unemployment rate also rose, signali...
China's manufacturing sector shows signs of contraction with April's PMI at 49.0, below the neutral mark, alongside declines in non-manufacturing and composite PMIs, indicating bro...
Eurozone's construction output declined by 0.5% in February, with the EU seeing a 0.4% decrease. Year-over-year, there was a slight increase. Sector-specific data shows building co...
Chey Tae-won calls for Korea-Japan economic cooperation to tackle shared challenges like low growth and aging populations, proposing joint initiatives and strategies for global com...
Bank of Korea Governor Rhee Chang-yong emphasizes the need for a supplemental budget to address economic challenges exacerbated by martial law and global uncertainties, advocating ...
Vietnam is steadfast in its goal to achieve 8% GDP growth despite global economic challenges and domestic hurdles. The government is implementing strategic measures to support busi...
JPMorgan Chase & Co. announced an 8% increase in Q1 revenue to $46 billion, surpassing expectations. Net income rose 9% to $14.6 billion, with earnings per share up 14%. CEO Jamie ...
Fitch Ratings has downgraded China's credit rating to 'A' due to concerns over public finances and rising debt. Despite a stable outlook, the debt-to-GDP ratio is expected to incre...
Tesla's sales in Denmark dropped by 65.6% in March, with only 593 cars sold. The company faces global challenges, including economic constraints and political backlash, alongside a...
Japan's manufacturing sector faced its sharpest decline in a year in March, with the au Jibun Bank Flash Manufacturing Output Index falling to 46.5. The broader Flash Composite Out...
The IT sector is experiencing sluggish growth, with analysts predicting a slow recovery due to economic challenges and tech transitions. Growth rates are polarizing, with forecasts...
Thailand's auto sales have dropped by 10%, with major brands like Toyota, Isuzu, and BYD experiencing significant declines. Economic recovery challenges, high household debt, and t...
Porsche AG has announced a strategic reduction of 3,900 jobs by 2029 to ensure future growth, with 1,900 cuts through natural turnover and 2,000 via expiring contracts. The company...
President Donald Trump's presidency faces economic and foreign policy challenges as aggressive tariffs and strategies meet resistance, impacting the stock market and global relatio...
The National Federation of Independent Business reports a surprising 2.1-point drop in the US small business optimism index for February, signaling potential economic challenges ah...
Turkey's Central Bank has reduced its key interest rate to 42.5%, a strategic move aimed at addressing the country's economic challenges and stabilizing the currency. This decision...
Germany's unemployment rate remained steady at 6.4% in February, with a slight increase in the number of unemployed individuals. The report also highlighted a rise in underemployme...
Megan Greene of the Bank of England discusses the UK's disinflationary process, acknowledging progress but highlighting economic challenges, including stagnant GDP growth, deterior...
Intel Corporation reported a 7% decrease in Q4 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts a challenging Q1 2025, attrib...
Intel Corporation reports a 7% drop in Q4 revenue to $14.3 billion, with a significant GAAP diluted loss per share of $0.03. The company's full-year revenue decreased by 2% to $53....
The Swiss National Bank (SNB) is considering the possibility of negative interest rates as a response to economic challenges, as stated by Chairman Martin Schlegel. This move, whil...
Fitch Ratings highlights the resilience of India's large non-bank financial institutions (NBFIs) amidst economic and regulatory challenges, predicting steady performance for larger...
Japan's industrial production index fell by 2.2% in November, with shipments and inventories also declining, highlighting potential economic challenges. The inventory ratio, howeve...
Scott Bessent, Trump's Treasury nominee, stresses the importance of maintaining the U.S. dollar's global reserve status amidst economic challenges, including an affordability crisi...
