Tuesday, November 28, 2023
Calay News
Nokia Announces Massive Layoffs Amid 5G Market Slowdown
Finnish telecommunications giant Nokia has revealed plans to lay off 14,000 employees following a 35% drop...
Fed Warns of Economic Impact of Israel-Hamas Conflict
US Federal Reserve Chairman Jerome Powell has expressed concern about high geopolitical tensions, specifically referring to...
Inflation in the United States Remains Stable and Shows Signs of Moderation
Inflation in the United States remained stable at 3.7% in the annualized measurement as of September,...
Bipartisan Efforts Avert Government Shutdown, But Challenges Loom Ahead
In a whirlwind of political maneuvering, the US government narrowly avoided a shutdown, with President Biden...
The Biden Administration Issues Permits for Oil Exploration in the Gulf of Mexico
On Friday, Joe Biden's administration announced plans to issue oil and gas drilling permits in the...
White House Works to Avoid Budget Paralysis
In a press conference, the director of the White House Office of the Budget (OMB), Shalanda...
Crisis in the German Real Estate Sector, The Story of Buyers Trapped by Bankruptcy
Valeriy Shevchenko, a 33-year-old father, was excited when he signed the contract to buy a Berlin...
Bank of England Maintains its Rate at 5.25% After 14 Consecutive Increases
The Bank of England (BoE) announced on Thursday that it would keep its reference rate at...
Toshiba Completes a $13.5 Billion Deal to Exit the Stock Market
Toshiba, the Japanese conglomerate with a long history, has reached an agreement for a consortium of...
Fed Adopts Hawkish Stance to Tackle Inflation, Interest Rates Held Steady
The US Federal Reserve has decided to maintain its current interest rates while adopting a more...
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