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US manufacturing drops to Covid levels, signaling recession ahead
L. R.
5 July 2023 - 11:28
US industry output has contracted for 8 months in a row, the longest stretch since the Great Depression.
Germany’s decline continues: trade balance falls short of expectations
L. R.
4 July 2023 - 11:55
Germany’s trade balance keeps down-performing, caused by Russia’s energy war, China’s socioeconomic shift, and its position in the EU.
Record sales for Tesla: shares rally. Euphoria or caution for the title?
Money.it
4 July 2023 - 10:26
Tesla shares rallied after record auto sales in the second quarter. However, there is a reason to remain cautious.
Insight: India buys Russian oil with Chinese yuan, doubting US dollar dominance
L. R.
3 July 2023 - 16:50
According to Reuters, Indian refiners started using China’s yuan to buy Russian oil. The US dollar is increasingly under scrutiny.
Apple’s value breaks $3 trillion mark. Here’s how far the title can go
Money.it
3 July 2023 - 09:48
New all-time records for Apple and a market cap of over $3 trillion. For analysts, it is a buy with a stellar target price.
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