China's "zero Covid" policies, dictated by Beijing over the past three years, saddled those localities with additional costs, while a downturn in the real estate market eroded a reliable stream of revenue.
Mumbai (Maharashtra) [India], February 10 (ANI/PRNewswire): Mirae Asset Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of Mirae Asset Gold ETF. Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mira
Turkey's presidential and parliamentary elections were scheduled to be held on June 18 but President Erdogan previously signalled that the vote could be brought forward.
Google's CEO said the company had undertaken a rigorous review across product areas and functions to ensure that thier people and roles are aligned with their highest priorities as a company. "The roles we're eliminating reflect the outcome of that review," he added.
Microsoft is under pressure to maintain growth rates at its cloud unit Azure, after several quarters of the downturn in the personal computer market hurt Windows and devices sales.
New Delhi [India], November 23 (ANI/PNN): The next potential economic downturn is here- with rising inflation and mass layoffs, it's time for businesses to use digital marketing as a growth and revenue-earning opportunity.
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
New Delhi [India], October 9 (ANI): As much as 58 per cent of about 1,300 global chief executive officers (CEOs) expect the recession to be mild and short, a survey of KPMG revealed. It also said they anticipated this recession, looming large, to hit over the next year.
New Delhi [India], October 9 (ANI): Commodity experts say the sharp rise in crude prices, which rose about 12 per cent in the past week, is mainly responsible for the rally in gold rates. But there are other factors at play as well. Rising global inflation and the volatile stock market have
Kabul [Afghanistan], August 31 (ANI): Amid the economic downturn in Afghanistan since the Taliban seized power, the country now owes USD 1.4 billion in debt to foreign countries and major financial institutions.