Browsing: Recession

China, the second-largest economy in the world, has recorded its first deflation since 2021, and the country’s growth is slowing at a great pace. The decline increases the likelihood that businesses will reduce production and lay off workers. Beijing prefers tailored measures to large-scale stimulus packages to reverse the trend, but people aren’t spending as a result of the economy’s sluggish income growth and uncertain future.

Germany continues to shrink in its second quarter, Europe’s largest and the world’s fourth-largest economy. Image Source: wirestock The Federal…

For the second time in a row, India’s inflation remains below the central bank limit of 6.5 %. In the…

Amazon no longer offers Halo band, Halo View and other Halo based devices as a result of its decision to…

The failures of Silicon Valley and Signature Banks raise concerns over wider banking risks, but regulators aim to reassure customers.…

One of the largest layoffs ever planned by the multinational management consulting firm McKinsey & Co. could result in the loss…

Google India has reportedly fired 453 employees across the country. This comes after, its parent company, Alphabet Inc., announced in…

With roughly 104,000 employees globally, of which almost 9,400 are employed in the UK alone, Vodafone has planned its biggest…

With a plan to lay off approximately 3,200 positions this week, Goldman Sachs Group Inc. is starting one of its…

The fear of recessions strikes as the New Year approaches since most of the world economies as a recap have…