First Solar (FSLR) announced it will invest $1.2 billion into manufacturing facilities in the US, now that the Inflation Reduction Act (IRA) has passed. Already the largest US-based solar manufacturer, $1 billion of that investment […]
Low cost airline CEO Michael O’Leary told reporters he expects to see his airline, Ryanair, cruise through a recession as customers trade down from his more expensive rivals to ease the strain on their pocketbooks. […]
The former longtime Chairman of Morgan Stanley Asia, Stephen Roach has said that the negative economic growth which the United States has endured in the first half of the year will likely continue, and that […]
According to a new report in Bloomberg, Goldman Sachs analysts are telling clients that British inflation could jump above 22% if gas prices continue to rise. According to the report, economists with the bank are […]
Megabank Citigroup has announced that it will wind down commercial and consumer operations in Russia, according to a report in the Wall Street Journal. The paper reported that the banking giant will incur about $170 […]
Ukrainian MP Yaroslav Zheleznyak said on Wednesday that the National Bank of Ukraine (NBU) had to “print” another 30 billion hryvnia ($814 million) over the last week, in a reference to the central bank’s purchasing […]
Angus Reid Institute reported on Monday that Canadians are spending less as inflation continues to pile pressure on their budgets. In a survey the researchers found that four out of five Canadians have reduced their […]
Switzerland is looking to cut natural gas usage in the country by 15% from October to March of this winter season, compared to the average consumption over the last five years. The country’s Federal Council […]
Bulgaria has indicated it wishes to begin holding talks with Russian state energy giant Gazprom about resuming natural gas deliveries according to Energy Minister Rosen Hristov in an interview with Nova TV. He told the […]
Median rents broke through $2,000 per month in June for the first time, and the rise in rents is showing no signs of abating. By the end of August, 8.5 million people were behind on […]
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