recession – Arab Daily Digital

‘UK recession may already be over’

The economy entered a downturn at the end of 2023, official figures showed last week. However, the Bank of England signalled that there was unlikely to be an imminent interest rate cut…reports

21 February 2024

-Top News·UK News

UK likely in recession, indicates analysis

Economists have predicted that GDP slipped 0.1% in the three months through September, a Bloomberg survey found as of Friday afternoon. The BOE expects unemployment, now 4.3%, to rise to 5.1% by

7 November 2023

-Top News·UK News

US investors optimistic as Europe exits recession

The Dow’s gains suggest that investors are starting to buy more economically sensitive stocks as recent data show inflation slowing…reports Asian Lite News The Dow, up roughly 6 per cent for the

1 August 2023

Business·Europe·USA

Eurozone falls into recession

Europe’s economy has been hit by the economic disruption caused by the Ukraine war, which has pushed up energy and food prices…reports Asian Lite News The Eurozone has fallen into recession, new

8 June 2023

-Top News·Economy·Europe

‘Recession is underway’

If layoffs accelerate in the next few months, a recession “will be underway”, the report said…reports Asian Lite News A recession in 2023 appears inevitable and layoffs in tech and finance will

30 March 2023

Business·World News

Layoffs continue to deepen amid recession

Social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its workforce due to uncertain market conditions…reports Asian Lite News As layoffs continue to deepen amid recession fears,

26 March 2023

Business·India News

Most EU countries will be in recession in fourth quarter

The forecast projects real GDP growth in both the EU and euro area at 0.3 per cent — well below the 1.5 per cent and 1.4 per cent expected in the previous

12 November 2022

-Top News·EU News