Irish Continental Group's (€1.2 billion) takeover bid is likely to fail. Early proxy votes show strong…
Category: Economy
Macroeconomic analysis of growth, inflation, employment, credit and monetary policy across the major economies. We follow the data releases that shape the rate path and the business cycle, and put each print in the context of the ones before it. The aim is a working picture of the macro regime an investor is allocating into.
UK Government Reports £1.8 Billion Deficit in July 2023
The UK government reported a larger than expected deficit of £1.8 billion in July, according to…
Nikkei Faces Worst Week in Over a Month Amid Inflation Fears
Japan's Nikkei share average is set for its worst week in over a month, dropping 4%…
Millennials Face Homeownership Challenges Amid Rising Costs
Millennials in the UK face big challenges in owning homes. Those born in the mid-1990s have…
UK Consumer Confidence Rises to Two-Year High in August
UK consumer confidence hit its highest level in two years, according to the latest GfK survey.…
Starbucks Lays Off 224 Employees Amid Restructuring Efforts
Starbucks announced it will lay off 224 corporate and remote employees from its Seattle headquarters as…
US Sanctions Nine Cuban Mining and Construction Companies
The United States has announced new economic sanctions against nine state-owned mining, metal, and construction companies…
Gunmen Seize Tanker Off Yemen, Divert to Somalia
A tanker has been seized off the coast of Yemen by six armed individuals. They have…
India Allows Duty-Free Sugar Imports to Tame Rising Prices
India has allowed duty-free imports of up to 1 million tonnes of raw sugar until October…
Romanian Jet Destroys Drone Near Black Sea Gas Platform
A Romanian F-16 fighter jet destroyed a marine drone near the Neptun Deep gas platform in…