world economy

Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid fears of an oncoming recession.Sundar Pichai, the CEO of Google and parent company Alphabet, said in an…

A photograph shows a sign of the World Economic Forum (WEF) at the Congress centre on the opening day of the World Economic Forum (WEF) annual meeting in Davos on January 16, 2023. The world’s political and business elites gather for the…

Brothers Vitaliy Klitschko, mayor of Kyiv, left, and Vladimir Klitschko, Ukrainian former professional boxer and businessman, pictured during the 53rd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Monday, Jan. 16,…

A number of factors are behind bitcoin's New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as "whales."Filip Radwanski | Sopa Images | Lightrocket |…

The European Central Bank is expected to continue raising rates aggressively in the short-term as the euro zone economy proves more resilient than anticipated.Haussmann Visuals | Moment | Getty ImagesAfter China's reopening and a deluge of…

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People worldwide are more gloomy about their economic prospects than ever before and trust business far more than other institutions like governments, nonprofits and the media in an increasingly divided world, according to a survey…

According to JPMorgan, a full recovery in Australia's tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points.James D. Morgan | Getty Images Entertainment…

Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022.Benoit Tessier | ReutersBinance is planning a hiring spree in 2023, CEO Changpeng…

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