Economy

Economy News

US lifts ban on Mexican avocado imports, USDA says

The import shutdown was triggered by a threat made to a United States food inspector. By Mike Dorning Bloomberg The U.S lifted a ban on imports of Mexican avocados, ending a.

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Business Economy News

Factbox-What global banks forecast for Fed rate hikes in 2022

(Reuters) – Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take.

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Economy News Technology

US adds Tencent, Alibaba sites to list flagging counterfeit sales

The list identifies 42 online markets and 35 physical markets alleged to engage in or facilitate piracy. E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd.

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Business Economy News

As ‘Great Firewall’ looms, fears for Hong Kong’s free internet

Beijing’s crackdown on dissent in Hong Kong is casting doubt over the future of the business hub’s open internet. By John Power For decades, Hong Kong’s internet operated outside the reach.

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Economy News

Tokyo’s core consumer inflation seen picking up in February – Reuters poll

TOKYO (Reuters) – Core consumer prices in Tokyo likely rose in February at a faster rate than in the previous month on surging fuel costs, underlining the prospect of price.

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Business Economy News

How Indian economy’s key wheel is facing funding crisis

What is needed is a resolve to solve the malaise and adopt the digital supply chain finance system which has been thriving since the Covid disruption. Late payment and even.

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Economy News

US stocks take a hit as Ukraine crisis stokes fear

The Ukraine crisis has added to uncertainty about the path of the US Federal Reserve’s tightening plans to fight inflation. United States stocks slid on Thursday, with the S&P 500.

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Cryptocurrency Economy News

US Justice Department taps new cryptocurrency czar

Eun Young Choi will lead a new team dedicated to investigating and prosecuting illicit cryptocurrency schemes. By Chris Strohm Bloomberg The Justice Department named a veteran cybersecurity prosecutor to lead a.

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Economy News Technology

Chipmaker Nvidia forecasts upbeat current-quarter revenue

The world’s largest maker of graphic and AI chips is banking on the supercharged demand for data centres. Chipmaker Nvidia Corp on Wednesday forecast current-quarter revenue above analysts’ estimates, banking.

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Economy News

Shop till you drop: Shopify plunges 17% on weaker growth outlook

The Canadian e-commerce company said that the pandemic-inspired shopping surge is beginning to slow down. By Ilena Peng Bloomberg Shopify Inc. plunged 17% in Toronto, the most ever, after giving a.

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