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Euro Zone Retail Sales Slip in October

Euro Zone retail sales were lower than expected in October, data released on Monday by the European Union's statistics office revealed. This indicates a...

European Central Banks Look to Bring Inflation Back to 2% Target

France and Germany's central bank officials have announced their aim to bring inflation back to its 2% target. In a joint interview, Bank of...

Dollar Steadies Near 16-Week Low While Yuan Approaches 15-Year Record Gain

The U.S. dollar stabilized on Friday near a 16-week low when measured against a basket of other currencies including the euro. The currency fell...

Euro Zone Producer Prices Fall, Confirming Analysts’ Inflation Forecasts

The European Union's statistics office Eurostat revealed on Friday that Euro Zone producers' prices fell month-on-month in October by 2.9%. This marks a 30.8%...

U.S. Stocks Down Following Release of Manufacturing Data

U.S. stocks backtracked on the gains they made early on Thursday following the release of U.S. manufacturing data. U.S. manufacturing activity in November shrank...

Report: U.S. Chip Design Market to Stumble Without Government Support

Semiconductor Industry Association (SIA) and Boston Consulting Group released a report on Wednesday suggesting that the United States' leading chip design market could lose...

Brazil’s October Job Creation Falls Short of Expectations

Brazil's Labor Ministry released its formal net jobs creation data on Tuesday, showing a net gain of 159,454 jobs for the month of October....

Apple to Lose Millions of iPhones Due to Factory Turmoil

Apple Inc. is set to incur a production shortfall of up to six million iPhones following Covid-related turmoil at the company's key manufacturing hub...
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