Tag: Business
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Fed warning from Pimco
Daniel Ivascyn, co-director of the Pimco Income Fund, which runs the world's largest active bond fund, said it was "dangerous" to think the Fed...
‘Strong US growth’ effect continues in gold
Gold is preparing to close the week with a loss as the dollar and bond yields rise after the second quarter growth in the...
Data from France gives hope to the Eurozone
While the French economy grew above expectations, a recession was observed in inflation. While rising interest rates fueled recession fears in the Euro Zone,...
Misleading advertising fine from Australia to Meta
In Australia, the Federal Court reportedly fined Meta $20 million for misleading advertisements used by Meta subsidiaries Onavo Inc and Facebook Israel for its...
Volkswagen to invest $700 million in Chinese XPeng
Volkswagen, one of the world's largest automakers, announced that it plans to invest $700 million in Chinese electric vehicle manufacturer XPeng. Aiming to increase...