The fourth quarter of 2022 will see a greater than 8% fall in Apple's net income. As a result, the IT giant will not see an increase in profits for the first time in 14 quarters, according to a report in the Financial Times that used data from the analytical firm Visible Alpha. Visible Alpha...

According to updated statistics, the UK economy shrank more than initially estimated in the three months leading up to September. According to the Office for National Statistics (ONS), business investment performed worse than anticipated, causing the economy to contract by 0.3% as opposed to the...

The core inflation of Japan touched a record high of four decades since companies continued passing on increased costs of operations to consumers, according to data, indicating that price increases were widening and could put the central bank under pressure to reduce...

  Retailers of the United Kingdom reported a surprise increase in demand in December, but expect spending to fall again in 2023 as shoppers are pressured by rising living costs, according to a Confederation of British Industry survey released on Wednesday.   The CBI's distributive...

ECB spokesman de Guindos: The bank may keep raising interest rates at the current rate. The European Central Bank may keep raising interest rates at their current pace for some time in order to keep inflation under control, according to ECB Vice President Luis de Guindos. "If we do not act, the...

The departure of telecom equipment manufacturers Nokia and Ericsson from Russia at the end of the year may gradually impair the nation's mobile networks over time, worsening communication for regular Russians.   Russian mobile phone users will probably experience slower downloads and...

According to IMF spokesperson Salgado, the Bank of Japan's policy correction was a prudent move. A correction to the Bank of Japan's yield curve management system was a "reasonable step," said International Monetary Fund official Ranil Salgado on Wednesday, commenting on the day before's surprise...

The abrupt relaxation of strict COVID-19 containment measures and the ongoing weakness of the real estate market are to blame for the World Bank's reduction in China's growth outlook for this year and next.   In a report released on Tuesday, the Washington-based lender predicted that China's...

A stumbling Bitcoin entered 2022. The year comes to a close with it slouched in an alleyway, stripped of its cocktail of borrowed funds and leveraged bets, and shunned by the establishment.   The most valuable cryptocurrency has lost 60% of its value, and the entire crypto market has shrunk...