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Investment in information technology and business services around the world drops as the economy cools
Concerns about the global economy have resulted in a decrease in spending on information technology and business services during the past three months. According to data compiled by technology advisory firm ISG, spending dropped to $23bn in Q3 2022, down 3% from the same period in 2021. Investmen...
Asian stocks fall following a drop in tech stocks on Wall Street
US futures rose, while oil prices recovered more than $1 per barrel.
Japan updated its GDP figures higher to indicate the economy declined less than previously recorded in July-September, indicating the country survived the latest major COVID wave with less damage than previously assume...
INSIGHTS INTO MUSCLE TRAINING TO KNOW YOUR INNER STRENGTH
HIGHLIGHTS
- Weight training is a sort of strength preparing that utilizes loads for obstruction
- Weight preparation gives pressure to the muscles that make them adjust and get more grounded, like how oxygen-consuming molding fortifies your heart <...
SINGAPORE RETAIL SALES DROPPED BY 1.9% IN NOVEMBER
HIGHLIGHTS
- Retail deals in Singapore plunged 1.9 percent year-on-year in November, an improvement from the modified 8.5 percent fall in October, as per figures provided by the Department of Statistics
Barring motor deals, retail deals diminishe...
BTS’ UNSTOPPABLE RUN WITH’ IDOL’ EXCEEDING 800 MILLION YOU TUBE VIEWS
- The latest music video of "Idol," K-pop superstar BTS' 2018 chartbusting song, has gone past 800 million views on You Tube.
- This has been BTS’ awe-inspiring feat no less a day after BTS Music video MIC Drop (Steve Aoki Remix) topped the charts with 800 milli...
AUSTRALIAN UNIVERSITIES CHOPPING DOWN MANY DEGREE COURSES FROM AGE-OLD UNIVERSITIES AS ECONOMY CRISIS DEEPENS
HIGHLIGHTS
- Higher education in Australia is at steep downfall as the money influx has dropped and several courses and majors that run for 50 years to get omitted from different colleges across Australia
At Macquarie University in Sydney, whole ...
ITALY HAS OPENED INVESTIGATION ON GOOGLE, APPLE AND DROPBOX OVER CLOUD STORAGE
Highlights:
- Italy has launched an investigation into Google, Apple, and Dropbox on top of their cloud storage services
- The competition watchdog of Italy has introduced six investigations for the Google Drive, Apple iCloud, and the online storage servi...
TOYOTA MOTOR CORP. EXPECTS A DROP IN NET PROFIT THIS FISCAL YEAR
Highlights –
- Toyota Motor Corp. expects a drop in net profit this fiscal year.
- By the end of the quarter in June, net profit dropped 74.3 percent.
- Operating profit dropped by 98.1 percent.
- Toyota suffered a 31.8 percent fa...
BRITISH ROYAL MAIL REPORTS 31% FALL IN ANNUAL PROFITS; JOB CUTS
Highlights –
- Restructuring plans are being made by the British Royal Mail.
- It will change around 2,000 management roles; job cuts.
- The company reported a 31% fall in annual profits.
- It is also cutting down around $373 milli...
CASE AGAINST TRUMP AID MICHAEL FLYNN DROPPED BY PROSECUTION
Highlights:
- Michael Flynn was under criminal investigation
- He was being investigated to trace Russia’s involvement in the Presidential elections in 2016
Trump aid, more specifically Trump’s first national security advisor is no longer und...
AUSTRALIAN STOCKS DECLINE AFTER TWO DAYS GAIN
Highlights
- Financial sector the biggest constituent of the standard index dropped more than 1%, with the Big Four lenders placed between 1.2% and 1.6%.
- National Storage REIT, Australia’s biggest self-storage facility operator was the poorest per...
BASEBALL UMPIRES TO SPORT FACE MASKS IN CORONAVIRUS ADVERSITY
- The coronavirus lateral spread has brought some modifications to the scene of baseball games in Korea.
- One of them is head referees wearing one more layer of masks. This is the untold story about the new difficulties umpires have to face in this time of the epidemic.
CHINESE MAN DIES OF KOREA ORIGINATED HANTAVIRUS : US KNEW ABOUT THE VIRUS
Highlights:
- Hantavirus is spread by rodents via their wastes
- There is no cure or vaccine for it
- Hantavirus is usually not transmitted amongst humans
China the epicentre of the fatal coronavirus that is still ravaging the world has now repo...
COVID-19 CRISIS CASTS AN EVEN DARKER SHADOW OVER THE WEAKENING OIL AND GAS INDUSTRY
Highlights:
- Oil prices plunged into yet another bear market in response to sudden demand destruction caused by factory shutdowns, flight cancellations, and slowdowns in air passenger traffic.
- Experts determined that natural gas is sitting near a four-...
FOREIGN COMPANIES IN SOUTH KOREA – SALES DROP
HIGHLIGHTS –
- Foreign-invested corporations decline in sales due to COVID-19
- 67.3 percent decline in shipments
- The business climate in South Korea has deteriorated over the past five years
Due to the ongoing epidemic ...
MAJOR OIL COMPANY TO CUT JOBS IN THE FACE OF SHARP OIL AND GAS PRICE DROPS
Highlights:
• Chevron Corp is reportedly offering buyouts to decrease its workforce in the U.S. oil exploration and production plants.
• The major oil business is swiftly moving in to reduce costs in the face of a sharp decline in natural oil and gas...
EXPERTS FORECAST AN INEVITABLE SHALE DECLINE AS OIL PRICES REACH ALL-TIME LOW
Highlights:
• The U.S. shale industry continues to show signs of rapidly slowing down over the weeks.
• Production declining in major shale basins outside of the Permian reported by sources.
- Overwhelming economic st...
JAPAN’S WAGYU EXPORT INCREASES DUE TO HIGH DEMAND
Highlights:
- Asian countries have increased their demand for the premium beef
- Japan’s 2019 records show highest numbers for beef export in recent years
Wagyu beef is a prime beef produced in Japan. The same has been exported all...
SNAP SHARES DROPS MORE THAN 10%
Highlights
- Revenue increased at 44% from the year prior
- It is adding users and planning to grow its business
Snapchat is currently adding users and growing its business in an extremely competitive market. However, this reason may not...
CHINA'S STOCKS DROP WITH VIRUS EPIDEMIC
Highlights
- Standard Shanghai Composite index. SSEC fell by 8%
- Yuan opened at its worst level in 2020
On Monday, investors removed $420 billion from China’s standard stock index. The stakeholders sold the yuan and disc...