Financial News
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Peltz’s Trian up 3% this year even as Disney bet soured
11.10.2023
Peltz’s Trian up 3% this year even as Disney bet soured
The main gate at The Walt Disney Studios the day after the Writers Guild of America (WGA) announced it reached…
Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
11.10.2023
Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
FILE PHOTO: Bottles of prescription painkillers Hydrocodine Bitartrate and Acetaminopohen, 5mg/325mg pills, made by Mallinckrodt sit on a shelf at…
Argentina’s beleaguered peso sinks to new low as election looms
11.10.2023
Argentina’s beleaguered peso sinks to new low as election looms
FILE PHOTO: A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this…
Argentina retail prices to maintain double-digit rise in September – Reuters poll
11.10.2023
Argentina retail prices to maintain double-digit rise in September – Reuters poll
BUENOS AIRES (Reuters) – Argentina’s monthly inflation is forecast to have hit 11.5% in September, according to the median…
Rising Borrowing Costs Strain Households in the UK and US
11.10.2023
Rising Borrowing Costs Strain Households in the UK and US
© Shutterstock Tuesday’s Financial Policy Summary from the Bank of England has warned of impending financial hardships as households…
UK consumer spending rises despite inflation fears, Barclays reports
11.10.2023
UK consumer spending rises despite inflation fears, Barclays reports
UK consumer card spending saw a 4.2% year-on-year increase in September, according to a report by Barclays published on…
IMF maintains 2023 global GDP growth forecast, adjusts predictions for 2024
11.10.2023
IMF maintains 2023 global GDP growth forecast, adjusts predictions for 2024
The International Monetary Fund (IMF) upheld its global GDP growth prediction at 3% for 2023 and slightly decreased the forecast…
US Job Market Strengthens as Nonfarm Payrolls Surge in September
11.10.2023
US Job Market Strengthens as Nonfarm Payrolls Surge in September
The US job market showed signs of robust growth in September, with nonfarm payrolls adding 336,000 jobs, exceeding the…
Bulgaria and Azerbaijan See Revised Economic Forecasts From IMF
11.10.2023
Bulgaria and Azerbaijan See Revised Economic Forecasts From IMF
The International Monetary Fund (IMF) has made significant revisions to its GDP growth projections for both Bulgaria and Azerbaijan.…
India Needs 8% Growth Rate to Match China’s Global GDP Contribution by 2028
11.10.2023
India Needs 8% Growth Rate to Match China’s Global GDP Contribution by 2028
In recent news, Barclays’ senior economist, Rahul Bajoria, emphasized the need for India to achieve an 8% annual growth rate…