Almost 10 years after debuting in Brazil, the Chinese industrial giant BYD announced on Wednesday (16) two launches of electric cars, part of a company bet that could involve a billionaire investment in the largest market in Latin America at a time when the change of government may make the country focus on technologies that […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Unemployment rate remains stable in 21 Brazilian states in the 3rd quarter, says IBGE
The unemployment rate remained statistically stable in 21 of the 27 Federation units from the second quarter of 2022 to the third quarter, according to data from the Continuous National Household Sample Survey (Continuous PNAD) released by the Brazilian Institute of Geography and Statistics ( IBGE). The result means that the oscillation was within the […]
UK tightens tax rules and predicts recession in 2023
British Chancellor Jeremy Hunt said on Thursday the government would increase a tax on oil and gas companies and extend it to power generation companies as it seeks to raise money to plug a huge hole in public finances. Hunt said the rate would be raised from 25% to 35%. It would also apply to […]
Dollar opens up 2.21%, at R$ 5.50, after Lula’s speeches and announcement of the Transition PEC
The dollar rose 2.21% at the opening this Thursday (17), to R$ 5.5008, with the market reacting to the announcement made on the eve of the draft of the so-called Transition PEC. The Ibovespa futures fell 1.70%, at 108,620. On Thursday, President-elect Luiz Inácio Lula da Silva (PT) also criticized the spending cap. He is […]
JPMorgan predicts mild US recession in 2023
Economists at JPMorgan predict a “mild recession” in the United States in the second half of next year, given expectations that the Federal Reserve will tighten monetary policy further in its battle against inflation. The investment bank forecasts the economy contracting by 0.5% in the fourth quarter of next year and possibly dragging into 2024. […]
IGP-10 drops 0.59% in November after falling 1.04% in the previous month, says FGV
The General Price Index – 10 (IGP-10) retreated 0.59% in November after registering a drop of 1.04% in October, informed the Getulio Vargas Foundation (FGV) this Thursday (17). The market expectation was for a fall of 0.55%, according to a Reuters poll. With this result, the index accumulates an increase of 5.70% in the year […]
About 2,000 Starbucks employees strike at more than 100 US stores
More than 2,000 employees at 112 Starbucks locations are expected to go on a one-day strike on Thursday, according to the union that has organized the stores since last year. The union says it is on strike to protest retaliation taken against union supporters across the country. He is also protesting what he characterizes as […]
IPC-Fipe: inflation in the city of SP rises 0.5% in the 2nd four-week period of November
The Consumer Price Index (IPC), which measures inflation in the city of São Paulo, rose 0.50% in the second four-week period of November, gaining strength in relation to the 0.41% increase observed in the first four-week period of this month, according to data published this Thursday (17th) by the Economic Research Institute Foundation (Fipe). In […]
China stocks close lower as Covid outbreaks shake confidence
China stocks closed lower on Thursday after a surge in domestic Covid-19 cases sparked concerns about more lockdowns, while weakness in other Asian markets also weighed on sentiment as investors reassess the outlook for China. US monetary policy. The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed down […]
Euro zone inflation revised downwards in October but still at record
Euro zone inflation in October in annual terms was slightly lower than previously reported, but still remained at a record level due to rising energy prices, data from the European Union’s statistics office showed on Thursday (17). ). Eurostat confirmed that consumer inflation in the 19 countries that share the euro rose 1.5% month-on-month in […]
