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Portugal is helping families with big mortgage payments because the European Central Bank made borrowing more expensive.
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Lawyers Ask for $229 Million After Making Tesla Return $700 Million
2023-09-21
UBS Cuts 70% of Its Hong Kong Staff After Merging with Credit Suisse
2023-09-21
Malaysia's KWAP Invests $107 Million in Venture Funds and Startups
2023-09-21
TransUnion Denies Data Breach Claim by USDoD Group
2023-09-21
Riksbank Raises Interest Rate and Sells Foreign Currency as Swedish Economy Faces Challenges
2023-09-21
Norway's Bank Raises Interest Rates to 14-Year High; More Hikes Expected
Norway's central bank, Norges Bank, raised its interest rates to 4.25%, the highest in 14 years.
Former Qantas CEO Receives 900% Salary Increase, but Bonus Reduced Due to Scandals
In Qantas Airways' yearly report, they showed that their former CEO, Alan Joyce, got a huge pay rais
Oil Prices Drop Due to U.S. Interest Rate Decisions and Global Economic Concerns
Last Wednesday, oil prices went down by 1%.
Sweden's Financial Watchdog Investigates Big Pension Fund's $4.5 Billion Investment
Sweden's money watchdog, the Swedish Financial Supervisory Authority (FSA), is looking into Alecta,
Sweden and Norway Consider Raising Interest Rates
Sweden and Norway might both raise their main interest rates by 0.25% this week.
Ikea Lowers Prices on 500 Items in Sweden to Help Consumers Amid Rising Costs
Ikea, a famous Swedish furniture brand, is cutting prices for almost 500 items in Sweden, especially
Sweden Will Have a Difficult Time Avoiding Economic Crisis, According to SHB
Sweden is facing a tough economic time, as experts from Svenska Handelsbanken AB say there might be
Denmark's Economy Improves Due to Strong Pharmaceutical Industry
Denmark's central bank says the country's economy looks better now.
OECD Warns of Economic Challenges Ahead, Especially for Germany and the UK
The OECD has given a heads-up about tough times ahead for the world's economy, especially in Germany
France Proposes Higher Plane Ticket Prices to Protect the Environment
France wants to raise the price of plane tickets in Europe to help fight climate change.
World Debt Rises by $10 Trillion in Early 2023: Key Points to Know
Global debt grew by $10 trillion in the first six months of 2023, a big increase after two years of
HSBC Hires Former Credit Suisse Employees to Boost Stock Trading
HSBC, a bank from London, is hiring nine more people for its stock trading team in big cities like L
Vietnam Struggles to Meet 6.5% Growth Target Amid Export and Trade Challenges
Vietnam aims for a 6.5% growth in its economy, but it's having trouble because fewer countries are b
European Gas Prices Drop Due to High Supply and Low Demand
Natural gas prices in Europe are going down because there's a lot of supply and not many people are
Hong Kong Rents Rise as Workers Return; Singapore's Growth Slows Due to Government Policies
Hong Kong's rental prices are going up because more workers from other countries are coming back.
Lyft Pays $10 Million for Not Reporting Big Share Sale by Former Board Member
Lyft, a company that offers car rides, will pay $10 million to the Securities and Exchange Commissio
Oil Prices Rise Due to Reduced Production by Saudi Arabia, Russia, and U.S
Oil prices went up on Monday because Saudi Arabia and Russia produced less oil.
Morgan Stanley Faces $750 Million Lawsuit Over Brightline Train Investment Dispute
Morgan Stanley is sued by Certares Management LLC and Knighthead Capital Management LLC for over $75
Swedish Bank SEB AB Sued for $42 Million Over Past Financial Scandal
A Swedish bank called SEB AB is being sued by Sweden's pension authority.
Investors Grow Optimistic About the US Dollar Due to Federal Reserve's Expected Actions
Hedge funds are now feeling positive about the US dollar, thinking the Federal Reserve will be caref
Banks Plan $2.9 Billion Bond Sale to Help GTCR Buy Majority of Worldpay
Goldman Sachs and JPMorgan Chase are getting ready for a big money deal.
Challenges Facing the Swedish Currency and Possible Solutions
The Swedish currency is having some problems, and many people think its value might drop even more.
BMO Stops Car Loans in Canada and USA Due to Rising Unpaid Debts, Signaling Potential Job Losses
The Bank of Montreal (BMO), a major bank in Canada, is stopping its car loan services in both Canada
ECB's Kazaks Advises Caution on Interest Rate Expectations for Next Year
Martins Kazaks from the European Central Bank (ECB) warns not to expect lower interest rates in the
Worries About Worldwide Inflation as Oil Prices Approach $100 per Barrel
Oil prices have been going up in 2023 and might reach $100 per barrel soon.
Czech Central Banker Cautious About Lowering Interest Rates Due to High Inflation
Czech banker Ales Michl is worried about ongoing high inflation and says there won't be any quick ch
Bank of England May Raise Interest Rates to Highest Since 2007
The Bank of England might raise interest rates soon.
French Government's Plan: Lower Fuel Prices to Boost Competition and Help Citizens
The French government has come up with a new idea to deal with high fuel prices.
California Sues Big Oil Companies for Not Warning About Fossil Fuel Dangers
California is taking big oil companies like Exxon Mobil, Shell, BP, ConocoPhillips, and Chevron to c
Pizza and Coq au Vin Costs Continue to Rise in Italy and France
In Europe, making popular dishes like France's Coq au Vin and Italy's Pizza Margherita is getting mo
Weaker Currency, Stronger Investments: What's Driving Sweden's Success?
In 2022, Sweden saw a significant increase in investments from foreign investors.
Charles Schwab's Assets Decrease Because of TD Ameritrade Merger and Client Loss
Charles Schwab Corporation faced a decline in new assets as it integrated with TD Ameritrade, result
Euro Drops Due to ECB Interest Rates and Economic Conditions
The euro has been losing value for the longest time in its history because people believe that the E
Swedish Property Market Struggles: Major Company and Banks Face Financial Challenges
Sweden's property market is in trouble. Heimstaden Bostad, a major property company valued at $30 bi
UBS Spends $1 Billion to Avoid IT Mistakes Like Deutsche Bank
UBS Group AG is planning to combine its business with Credit Suisse's domestic operations.
Major Changes at Citigroup: Job Cuts Expected
Citigroup is making significant changes to its structure.
Sweden's Predicted Inflation Rate Expected to Stay at 2.1% for Five Years
Sweden expects its inflation rate to remain at 2.1% for the next five years, according to the recent
Warm Winter, Cool Prices? Europe's Gas Market Reacts
Europe is experiencing a warmer start to winter this year.
H&M Sales Drop Due to Higher Prices, While Shein Succeeds with Discounts
H&M didn't earn as much as expected because they raised their prices, while competitors like Shein o
20 Years After Rejecting the Euro, Swedes Are Worried About Their Weakening Currency
The Swedish money, called the swedish crown, has been getting less valuable compared to the euro ove
Companies Invest Heavily in Greener Steel Production
Last week, important steps were taken to make steel production more eco-friendly.
Sweden's Inflation Rate Drops in August, Central Bank Eyes Interest Rate Hike
In August, Sweden's inflation rate went down unexpectedly, helping the central bank deal with rising
Barclays Worried About Luxury Sales in China; LVMH Stock Drops by 20%
Barclays Bank is worried that luxury brands, especially the French brand LVMH, might not sell as muc
Swedish Authorities Search Stockholm Stock Exchange for Possible Market Abuse
The Swedish group that looks into financial wrongdoings recently checked the Stockholm stock exchang
Manhattan Penthouse Price Drops from $250 Million to $195 Million in a Year
A fancy apartment in Manhattan was first priced at $250 million.
Goldman Sachs, JPMorgan, and Other Banks Contribute $4.4 Billion for GTCR's Worldpay Acquisition
A group of banks, with Goldman Sachs and JPMorgan Chase leading the way, is selling $4.4 billion in
Deutsche Bank's Reduced Reserve for Risky Loans, Awaiting ECB Evaluation
Deutsche Bank might be allowed to keep less extra money in reserve for its business to lend to compa
Expectations Rise for ECB to Increase Interest Rates Amid European Inflation Concerns
People are expecting the European Central Bank (ECB) to increase interest rates slightly because the
Bank of America Expects Strong Earnings Despite Lower Investment Banking Fees
Over the last three months, the money banks make from investment banking has gone down by about 30%
Swedes Consider Using Euro Due to Weaker Krona and Higher Cost of Living
Swedes are thinking about using the euro because their own currency, the Swedish krona, is getting w
AstraZeneca's CEO Might Leave Next Year; Stock Drops by 4%
The CEO of AstraZeneca, Pascal Soriot, might step down from his job next year, as reported by a Brit
Amazon's Strict Confidentiality Rules Under Scrutiny by US Labor Board
The US Labor Board has accused Amazon of breaking the law by having strict secrecy rules for its wor
World Bank's $3.7 Billion Fossil Fuel Spending in 2022 Questioned
The World Bank promised to support a more environmentally friendly economy, but it appears that in 2
Sweden's Housing Market Remains Positive, But Prices Might Drop Further
SEB AB, a company that studies economic trends, said that the housing market in Sweden has been doin
Germany Considers Extension of Tax Breaks for Energy-Intensive Companies
Germany is thinking about giving companies that use a lot of energy a discount on their taxes for on
European Stock Prices Increase Due to Good News About the US Economy
European stocks went up on Monday because of positive comments from Janet Yellen about the US econom
Chinese Gen Z Spending More on Fun Despite Tough Economy
Despite many young people facing unemployment and economic difficulties in China, those born after 1
Norwegian Inflation Unexpectedly Slows as Norges Bank Approaches a Turning Point
In Norway, the rate at which prices go up, called inflation, slowed down more than expected in Augus
Inditex, Zara's Parent Company, Succeeds Amidst Inflation and Fashion Changes
Inditex, the company that owns Zara, is doing really well in the fashion business even though people
ECB to Drop Extra Fee for Risky Loans at Some Banks
The European Central Bank (ECB) is getting rid of an extra fee that certain banks used to pay becaus
How Sweden's Interest Rate Moves Will Affect You?
Swedbank believes that the Riksbank, which is like Sweden's central bank, will raise interest rates
Saudi Giant ADES Plans $1.2 Billion Public Sale – Year's Biggest IPO
ADES Holding Co. and its main owners plan to raise $1.2 billion by selling part of their company to
Egypt's Inflation Problems: Prices Keep Rising, IMF Postpones Recovery Plans
Egypt is facing a big problem with very high inflation.
IMF Urgently Needs More Funds, G20 Reminded of $100 Billion Climate Pledge
Kristalina Georgieva, the leader of the International Monetary Fund (IMF), has said that the IMF rea
Luxury Stocks Struggle Due to Inflation and China Issues
The head of Richemont, the company that owns Cartier, has said that high prices are changing how Eur
Swedish Industry Experiences an 8.4% Year-on-Year Decline in July
In July, Sweden's factories received fewer orders, showing a 6.2% drop from June, as stated by Stati
Saudi Arabia's Actions Drive Oil Price Surge
Oil prices have risen to over $90 per barrel because major countries in OPEC+ are trying to balance
Indonesia Ends Ban on Australian Live Cattle Imports
Indonesia had halted cattle imports from Australia due to concerns about "lumpy skin disease," which
Increasing Rice Prices in the Philippines Raise Global Inflation Concerns
Rice prices are rising in the Philippines, serving as a warning to other countries that rely heavily
Global Food Prices Fell in August: See What Got Cheaper and What Didn't
In August, global food prices hit a two-year low, making most foods cheaper, except for rice and sug
Swedish Economy Bounces Back Stronger Than Expected in July
In July, Sweden's economy showed signs of improvement.
Swedish Housing Market Remains Stable Despite Challenges
In August, Swedish housing prices remained mostly unchanged. Apartment prices decreased by 1%, but p
Japan's Economy Slows Due to Business and Consumer Cutbacks
Japan's economy didn't grow as fast as expected. Instead of the 6% increase everyone had hoped for,
Singapore Orders Banks to Investigate $1.3 Billion Scandal Suspects
Singapore's central bank, the Monetary Authority of Singapore (MAS), has told banks to check their t
PayPal Users Can Now Add Debit or Credit Cards to Apple's Wallet App
PayPal now collaborates with Apple Pay for its credit and debit cards, making shopping and online pa
Traders Expect 'Fear Gauge' to Surge 1100% on Wall Street
One trader has placed a significant $30,000 bet.
Fitch Warns About Italy's New Bad Loan Rules
The Italian government wants to allow people and small businesses to clear their debts by paying les
Sweden's Largest Pension Fund Ready to Assist Troubled Property Firm Heimstaden Bostad
Alecta, a large Swedish pension fund, is concerned about Heimstaden Bostad's financial troubles
European Stocks Face Their Worst Time Since 2018 Due to Disappointing Data
European stocks have been falling for some time, a trend not seen since 2018.
Malaysia Maintains 3% Interest Rate to Support Economic Growth
Malaysia's central bank, known as Bank Negara Malaysia, has decided to keep its main interest rate a
Apple Shares Drop as China Bans iPhone Use by Government Officials
China recently announced that its government workers cannot use iPhones or foreign gadgets at work.
OECD Advises ECB to Maintain Rate Increase Until Inflation is Controlled
The OECD has advised the European Central Bank (ECB) to maintain its strict monetary rules to combat
Swedish Property Firms Return to Bond Market After 18-Month Break
Swedish real estate companies are slowly returning to the bond market after an 18-month pause.
Russia's Central Bank to Strengthen the Ruble with $1.5 Billion
Russia's central bank plans to sell $1.5 billion in foreign currency within the local market this mo
US Dollar Going Up, China and Japan Worried About Money Issues
The US dollar is getting stronger, which is making Asian currencies worth less.
Germany's Economy Takes a Big Hit with 11.7% Drop in Orders
In July, Germany faced a significant economic challenge. Orders for items produced in German factori
Sweden's Economy Predicted to Remain Stable, According to Danske Bank
Danske Bank has changed its view on how well Sweden's economy will do.
Stricter Rules Affect Crypto Startup Investments Despite Bitcoin's Rise
Investments in companies related to cryptocurrencies have decreased for five consecutive quarters, d
G20 Urged to Agree on Raising Taxes for the Wealthy
People who advocate for fair taxes are urging wealthy countries and growing economies to agree on ma
Australian Financial Watchdog Sues Westpac Bank for Negligence in Handling Financial Notices
A group in Australia that oversees financial matters, known as ASIC, is taking Westpac Banking Corp
Bank of Korea Cautious About Rising Prices, Considering Interest Rate Increase
In August, prices went up more in South Korea because energy costs increased significantly.
Fighting Inflation: European Central Bank's Risky Strategy to Manage Prices
The European Central Bank (ECB) is considering selling its bonds more quickly as it approaches the e
IMF Suggests Better Tracking of Money Transfers in Nordic and Baltic Regions
The International Monetary Fund (IMF) told countries in the Nordic and Baltic regions to keep a clos
Euro Strengthens Against US Dollar due to China's Economic Support and Positive Job Data
The euro has strengthened against the US dollar, thanks to China's efforts to stabilize its economy
US Stock Market is Ready to Face Higher Bond Yields, Survey Finds
A new study shows that people believe the US stock market can withstand higher interest rates.
Rolex's Purchase of Bucherer: What it Means for Watches of Switzerland
The famous watch company, Rolex, has acquired Bucherer, a store that sells watches and jewelry.
Swedish Housing Market: Prices Rise Despite Previous Challenges
Home prices in Sweden have risen for the past three months, especially for standalone houses.
Australia's IPO Market Awaits Billion-Dollar Boost
Australia is having a slow year for launching new companies on the stock market, with only about A$8
Singapore Summit Reveals Oil Market: Exciting Discussions on Prices and Trends
Oil prices have been going up and down in 2023 because people are worried about China's economy slow
Hong Kong's Stock Market Task Force to Discuss Liquidity This Week
Hong Kong is working to improve its stock market by creating a special team to find ways to bring in
Sweden's Major Step: Investing 800 Million SEK to Transform Energy Planning
The government plans to spend about 800 million Swedish Kronor to better manage our energy use.
Extended Mortgages in Canada Raise Concerns: Regulators Call for Action
Canadian banks saw fewer home loans with repayment periods over 30 years in the latest quarter, foll
Chile Rewarded with the World's Largest Interest Rate Cuts for Controlling Inflation
In Santiago, Chile, the housing market is thriving, and stock prices are reaching their highest leve
China's Xi Commits to Further Market Opening on Its Own Terms
China's President Xi Jinping spoke at the China International Fair for Trade in Services.
Strong Peso, Higher Prices: How It Affects Mexican Families' Money Sent Home
Mexicans living abroad are sending more money back to their families in Mexico, and this year's tota
Increase in Bankruptcies in Sweden Due to Construction Sector Challenges
A lot of Swedish businesses are closing down, especially those in the building industry, where there
Challenges Ahead for Sweden's Housing Market as 65% of Buyers Withdraw
The housing market in Sweden is slowing down, and it's changing how people are spending their money.
Bank of America Warning: U.S. Stock Market Could Face Problems Despite Paused Interest Rates
Experts from Bank of America say that even though the U.S. central bank has stopped increasing inter
Forever 21's Data Leak Exposes 539,000 Customers - Are You Affected?
Earlier this year, the clothing store Forever 21 had a data leak.
Biggest Drop in 14 Years: UK Home Prices Fall Sharply Due to Higher Interest Rates
In the UK, home prices have gone down more this year than they have since July 2009.
Oil Minister Reveals India Chooses Middle East for Better Deals Than Russia
India is changing where it gets its oil from.
Philippines Sets Limits on Rice Prices to Stop Hoarding and Inflation
The President of the Philippines, Ferdinand Marcos Jr., has set price caps on rice because it's gett
Ships Pay $2.4 Million for Quick Passage through Panama Canal
Ships are paying a lot of money, as much as $2.4 million plus a regular fee of about $400,000, to ge
Europe's Economy Dealing with Dual Challenges: Slow Growth and Rising Prices
European leaders are worried about a bad economic mix called stagflation.
Polestar Reports $304 Million Loss Due to Delays and Competition
Polestar, a company that makes electric cars and is partly owned by Volvo and a Chinese investor, is
UBS to Reduce 3,000 Jobs in Switzerland, Saving $10 Billion
UBS Group plans to eliminate 3,000 jobs in Switzerland over the next few years.
Inflation vs. Stability: ECB's Dilemma as France's Cost of Living Jumps 5.7%
In August, the cost of living in France went up by 5.7% compared to last year, mostly because of ris
Klarna Reduces Losses, Increases Repayments, and Cuts Costs by 14%
Klarna Bank, a Swedish company, lost less money in the first half of this year because more people p
US Promises to Help Japan in Seafood Dispute with China
Japan's Prime Minister, Fumio Kishida, wants to help the country's fishing industry because China ha
UBS Jumps Up 6% in Zurich: Reaches Highest Price Since 2008
UBS stock went up more than 6% in Zurich, hitting its highest price since October 2008.
Sweden Announces Big Tax Cuts: Pay Less If You Earn More Than 57,000 SEK
Starting next year, if you make more than 57,000 SEK a month, you'll pay 1,100 SEK less in monthly t
Stores Could Pay an Extra $500 Million a Year Due to Credit Card Fee Increases
Visa and Mastercard are thinking about increasing the charges that stores have to pay when people sh
Special Rice Agreement: India and Singapore's Strong Bond Guarantees Uninterrupted Supply
India is the biggest exporter of rice in the world and has recently agreed to continue sending rice
OpenAI Reaches $1 Billion in Annual Sales with ChatGPT's Success
OpenAI is making a lot of money and expects to earn around $1 billion this year.
Swedish Property Firm SBB Appoints New Finance Chief Amidst Financial Crisis
SBB, a property company from Sweden, quickly named Daniel Tellberg as their new finance director aft
Spain's Inflation Reaches 2.4%: Will Interest Rates Go Up a Lot?
In August, Spain saw its inflation rate go up to 2.4% compared to last year, mainly because fuel pri
South Korea to Reduce Mortgage Rates for New Parents to Encourage Births
South Korea wants to help parents who have recently had babies.
Prices in Germany's North Rhine-Westphalia Jump 5.9% in August, Surpassing Expectations
In August, prices went up by 5.9% compared to the previous year in the German state of North Rhine-W
UBS Hires Russian Wealth Expert Babak Dastmaltschi from Credit Suisse
UBS, a major bank, recently hired a banker named Babak Dastmaltschi from Credit Suisse.
PayPal Uses AI to Make Payments Safer and Smarter
In 2023, many businesses are using computer smarts called artificial intelligence (AI) to make thing
SEB Lowers Sweden's Economic Outlook Due to Strained Households
Sweden's biggest bank, SEB, says the country's economy is not doing well, and a lot depends on how m
Sweden's Economy Impacted by Decrease in Exports: What Could Happen to Jobs and the Currency?
In the past few months, Sweden's economy has struggled due to a decrease in exports, causing the cou
Big Dairy Company Arla Adjusts Sales Expectations due to Higher Costs and Changing Shopping Trends
The Danish dairy company Arla has revised its sales prediction for this year.
U.S. Dollar Gets Weaker as Traders Wait for Important Economic News
The U.S. dollar weakened as traders awaited upcoming economic data, following its recent strong perf
Hungary Plans to Lower Interest Rates to Boost Economy
Hungary is considering making a significant change to its monetary policy.
Swedish Property Owners Selling Buildings to Manage Debts
Landlords in Sweden who own commercial properties are selling those properties because they borrowed
Export Ban on Wheat and Rice in India Expected to be Temporary, Says ITC Chairman
The person in charge of ITC Ltd., Sanjiv Puri, believes that India's decision to halt the export of
Vietnam's Economy Feels the Impact of Reduced Exports
Vietnam's exports have been declining for six consecutive months, marking the longest period of decl
Interest Rates Rising in Europe, Impacting Borrowers and Businesses
Interest rates in Europe are rising, causing concern for borrowers who took advantage of low rates i
Tesla Faces Trial Over Car Crash: Did Autopilot Cause the Accident?
Tesla is going to court because some people say its self-driving feature, called Autopilot, led to a
Navigating Post-Pandemic Debt: Economists Highlight Challenges for Different Income Levels
The world's economy is facing problems because of things like governments borrowing more money, tens
Making Progress on Inflation, but Sweden's Central Bank Continues to Address Price Pressures
Martin Floden, the Deputy Governor of Sweden's central bank (Riksbank), thinks they'll need to be ca
A Battle for Profits: Drug Companies Challenge Government's Price Negotiations
The U.S. government plans to announce a list of 10 medicines that it will try to buy at lower prices
Hyundai's Billion-Dollar Choice: Will Workers and Communities Win Big at Their New Electric Car Hub?
People who care about workers' rights and community issues in Alabama and Georgia are asking Hyundai
German Leader Unifies Parties in Historic Deal: 6.5 Billion Euro Tax Break and Increased Child Support
German leader Olaf Scholz and his team solved a big internal argument, ending up with an important d
Gas Prices Spike in Europe as Norway Reduces Supply and Australia Faces Facility Concerns
Gas prices in Europe are going up because Norway is sending less gas, and people are worried about p
Heated Discussion About Inflation at ECB: Everyone Awaits Major Decision on September 14
Christine Lagarde, the leader of the European Central Bank (ECB), has been unclear about what the ba
Prices Are Going Up and New Zealand's Economy Is Getting Worse
New Zealand's government is cutting back on spending because the country's economy is struggling.
Big Drop in July Sales as Heavy Rain Affects Denmark's Shops
In July, Denmark experienced a significant drop in retail sales due to heavy rainfall, with sales fa
Chinese Boycott Impacts Japanese Brands: Stock Prices Drop
Japanese companies that rely on selling their products in China have seen their stock prices go down
India Imposes Restrictions on Rice Exports: New Rules Affect Global Market
India, the world's biggest seller of rice, has made it harder to export the grain.
How Increasing Interest Rates Might Impact Your Loans in Sweden
A few years ago, many people chose fixed-rate home loans.
Australia Urges Banks to Step Up in the Pacific
The Australian government wants major banks that provide funds to assist less wealthy countries in t
Egypt's Stock Market Sets New Records with a 91% Surge in Local Currency
Egypt's stock market hit an all-time high because investors are looking for a safe place to put thei
China Evergrande's Financial Struggle: Reduces Losses to $4.53 Billion This Year
China Evergrande Group, a company that's in debt and builds properties, lost less money in the first
$4 Billion Loss: Credit Suisse, Following UBS, Encounters Mid-2023 Financial Setback
In the middle of 2023, the bank Credit Suisse, which is now owned by another bank called UBS, announ
The Memory of Germany's 1923 Inflation Problem Making People Uneasy Again Today
In late 1923, Germany went through really bad inflation—so bad that a woman made a dress out of bill
Will the Popular Investment Options from Wall Street Find Success in Europe?
Zero-day options trading is a hot topic in the U.S. stock market, and now it's coming to Europe thro
Hong Kong's Lee Proposes Task Force to Enhance Liquidity in Stock Market
Hong Kong wants to create a special team headed by Financial Secretary Paul Chan.
More than One Million Swedes Face Big Fines for Not Paying Taxes
1. More than a million people in Sweden haven't paid enough in taxes and could face big fines.
Wine Troubles in Sweden: Prices Triple This Year Because Krona is Falling
Wine in Sweden is getting more expensive for the third time this year.
IMF Studies How AI Affects Banking: Faster Operations and Potential Risks Revealed
The International Monetary Fund (IMF) looked at how using advanced computer programs like ChatGPT co
Buying Less from China: How It Affects America's Trade Dependency
The U.S. has been buying less directly from China due to decisions made by the Biden and Trump admin
Bhutan Reduces Tourist Fee by 50% to Attract More Visitors
Bhutan, which is in the mountain range called the Himalayas, plans to lower the daily fee for touris
Go First Airline Faces Financial Crisis, Grounding Planes and Sparking Legal Dispute
The airline Go First in India is broke and has some of its planes stuck on the ground because they'r
Elon Musk's Tweet Causes Investors to Lose Money: $42.3 Million Fund Set Up to Help Fix the Situation
Elon Musk's tweet about making Tesla a private company caused some people to lose money on their Tes
Jobs at Risk and Businesses Struggle as UK Economy Takes a Hit
Even after facing problems like rising energy costs and a change in the Prime Minister due to pressu
Puerto Rico's Power Company Cuts $10 Billion Debt to $2.5 Billion
Puerto Rico's financially struggling power company, Prepa, has reached an agreement with investment
Surprise Move: Nvidia Plans to Buy Back $25 Billion of Its Shares
Nvidia, a company that makes computer chips, surprised people by announcing their intention to buy b
Economist's Warning: Sweden's Mortgage Rates Could Jump to 4.25% Due to a Weaker Currency
Mortgage rates are expected to rise this fall and may remain high for some time, according to Nordea
Brazil's Economy: Why President Lula is Worried About Rising Prices?
In Brazil, the prices of items that people purchase went up more than expected in early August after
Germany's Economy Shrinks: High Interest Rates and Weak Global Demand to Blame
Germany's business confidence declined in August, even though the economy was improving
Lifting Sanctions Could Boost Venezuelan Oil Exports to the US
The possibility of lifting restrictions on Venezuela could help them produce more oil, reaching abou
Japan's Economy Faces Big Risk from Fishing Crisis Linked to China's Orders
Japan's fishing industry is facing difficulties as China has ceased buying seafood from Japan.
Despite Housing Challenges, Experts in Sweden Say: 'No Repeat of the 1990s Crisis Ahead
Sweden is facing a housing market challenge similar to the significant financial crisis of the 1990s
Heineken Sells Russian Breweries, Faces €300M Loss
Heineken NV has finalized the sale of its assets in Russia, marking a successful exit from the count
Swedish Economy to Experience 1% Economic Growth in 2024 Despite 0.8% Contraction This Year
The Swedish government believes that the economy will grow by 1% in 2024, even though it is expected
Swedish Banker Accused of Offering €138,000 Bribe for Business Deal Help
A banker working at Lazard Ltd. in Stockholm has been accused by Swedish prosecutors of attempting t
New Rules: France to Examine Foreign Investments in Local Companies
The French Finance Minister, Bruno Le Maire, has promised to strengthen checks on foreign investment
Sweden Faces 57% Decline in New Home Construction, Posing Unemployment Risk
In Sweden, fewer new houses are being built because construction costs have risen and house prices h
Power Shortages, Overspending, and Less Tax Money: South Africa's Financial Concerns
Investors are concerned about the future of South Africa's financial situation.
India Expects Inflation to Ease Soon After Implementing Its Strategies
India is working hard to ensure that prices increase less in the coming months.
U.S. Job Growth Slower than Expected: 306,000 Jobs Might Have Been Counted Incorrectly
Recent data suggests that U.S. job growth for the year ending in March might not have been as strong
Denmark Sees 3.1% Price Increase in July, Reaching Lowest Point in 8 Months
In Denmark, people were hopeful for almost a year, but now they're worried because things are becomi
Rising Food Prices in Sweden: Weather and Weak Currency as Contributing Factors
Swedish food companies, represented by Livsmedelsföretagen, warn that prices might increase due to c
Warning: PMI Drops to 47, Suggesting Possible Economic Challenges for the Euro Region
In August, businesses in the euro zone performed poorly, particularly in the services and industrial
Morgan Stanley Gets Fined for Not Keeping UK Energy Trading Messages on WhatsApp
Morgan Stanley was fined £5.4 million ($6.9 million) because it didn't retain WhatsApp messages from
Global Stocks Rise: Japan's Bonds Hit High, Nvidia Lifts European Markets, U.S. Shows Optimism
Global stocks increased on Tuesday, and in the U.S., there was a significant rise in Treasury yields
Danish Ski Tourists Are Attracted to Sweden Due to Weak Krone
More Danish tourists are choosing to go skiing in Sweden instead of Norway because the value of the
Deutsche Bank Linked to Money Laundering Company: Top Executives Arrested
Deutsche Bank has ties to a company in Singapore named Golden Eagle Assets.
Norway's Economy Suddenly Stops Growing After a Year of Improvement
Norway's economy hasn't been growing because people are spending less, and factors such as higher pr
Top Bank Economist Predicts No More Falls in Swedish Housing Market
Sweden's third-largest bank believes that the country's housing market has reached its lowest point,
Nordea Bank Raises Interest Rates in Finland: 0.25% for Checking Accounts Starting October
Nordea Bank Abp, a big bank in the Nordic region, will increase the interest rates on certain accoun
Rupee Performs Well Compared to Other Asian Currencies, Despite Approaching Lowest Value
The Indian rupee is almost at its lowest value ever, but some investors still like it.
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