The annual consumer inflation rate (CPI) of the countries that make up the Organization for Economic Cooperation and Development (OECD) slowed down again in November 2022, to 10.3%, as pressure from Energy costs decreased, according to a statement released by the OECD on Tuesday. As a result, the annual OECD CPI returned to the August […]
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.
Microsoft negotiates investment of US$ 10 billion in ChatGPT owner
Microsoft Corp is in talks to invest $10 billion in ChatGPT owner OpenAI, which will value the San Francisco-based company at $29 billion, Semafor reported Monday, citing people familiar with the deal. the subject. The funding includes other ventures and deal documents have been sent to potential investors in recent weeks, with the aim of […]
Onions are so expensive in the Philippines that they have become a target for smuggling.
From salads to stews, the humble onion is a key ingredient in nearly every Filipino dish. But now, the vegetable costs nearly three times as much as chicken in the Philippines. Red and white onions were selling for up to 600 Philippine pesos ($11) per kilogram (2.2 pounds) on Monday, compared with 220 pesos ($4) […]
China stocks lack common direction amid doubts over sustainability of highs
Chinese stocks closed with no common direction on Tuesday as some investors took profits amid doubts about the sustainability of the recent market rally. The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed up 0.11%, while the Shanghai index fell 0.21%, after rising in the previous six sessions. […]
Why Silicon Valley Companies Keep Laying Off and What to Expect in 2023
Just before Thanksgiving, Amazon CEO Andy Jassy confirmed rumors that layoffs had begun across several departments at the e-commerce giant and said he would review staffing needs in the new year. On Wednesday, Jassy provided a sobering update on that overhaul: Amazon is cutting more than 18,000 jobs, nearly double the 10,000 previously reported and […]
Mining companies announce donation of R$ 1 million to help with reconstruction in Brasília
The private sector starts to mobilize to help the public power to rebuild the destroyed installations in Brasilia. The Brazilian Mining Institute (IBRAM) announced tonight that it will donate R$1 million to repair public property in the federal capital. “This is a symbolic gesture to reaffirm our commitment to democracy”, quotes a note from the […]
The Great Debate: with the new government, see if pre-fixed or post-fixed fixed income is better
the new government started, and the economy experienced a real roller coaster. Mismatched speeches and the lack of clarity about how the economy will be in the coming years generated a strong volatility in business – the famous rises and falls of prices. Even those who take the quieter, more conservative path – fixed income […]
Oil closes higher with reopening of China and weaker dollar
Oil futures closed on Monday (9) at a high, after the news that China would reopen its borders to Hong Kong, which signals movements towards the end of the “covid-zero” policy in the country, and with the devaluation of the dollar boosting the commodity, since the oil is quoted in the American currency. On the […]
IPVA payment in SP starts to expire this week; know how to consult value
The payment of the Motor Vehicle Property Tax (IPVA) for vehicle owners in the state of São Paulo begins to expire this Wednesday (11). Owners of vehicles with license plates ending in 1 must pay the tax first. The value of the IPVA can be paid in cash or in installments and, depending on the […]
Hurricanes and floods generated $120 billion in damage in 2022, says Munich Re
Hurricane Ian in the United States and flooding in Australia helped make 2022 one of the costliest years on record involving natural disasters, German reinsurer Munich Re said, warning that climate change was making storms more intense and frequent. Losses from natural catastrophes covered by insurance totaled about $120 billion last year, similar to 2021, […]
