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Google agrees to pay Italy $340 million to settle Italian tax case

Google agrees to pay Italy $340 million to settle Italian tax case

Google has previously faced financial penalties, including over $1 billion paid to France for tax fraud allegations

U.S. consumer prices rise 0.5 percent in January, annual rate grows 3 percent

U.S. consumer prices rise 0.5 percent in January, annual rate grows 3 percent

In the 12 months through January, core U.S. consumer prices rose 3.3 percent after gaining 3.2 percent in December

U.S. adds 143,000 jobs in January as unemployment rate slips to 4 percent

U.S. adds 143,000 jobs in January as unemployment rate slips to 4 percent

November and December payrolls were revised up by 100,000 due to routine annual adjustments

India central bank delivers first rate cut in almost 5 years as inflation eases

India central bank delivers first rate cut in almost 5 years as inflation eases

The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings

U.S. trade deficit rises over 2-year high of $98.4 billion amid trade war concerns

U.S. trade deficit rises over 2-year high of $98.4 billion amid trade war concerns

The U.S. experienced significant trade deficits with several trade partners, including China, Mexico and Canada

South Korea’s GDP per capita outpaces Japan and Taiwan in 2024, surpasses $36,000

South Korea’s GDP per capita outpaces Japan and Taiwan in 2024, surpasses $36,000

The country's per capita GDP has been calculated based on a nominal growth rate of 5.9 percent

GDP remains steady in Eurozone, up by 0.1 percent in EU

GDP remains steady in Eurozone, up by 0.1 percent in EU

Germany and France, the two largest economies within the bloc, have reported unexpected contractions

India and China to resume air travel after nearly 5 years

India and China to resume air travel after nearly 5 years

India noted discussions on economic concerns to promote policy transparency

Pioneering the electric dream: How Chinese EVs herald a shift in global manufacturing’s balance of power

Pioneering the electric dream: How Chinese EVs herald a shift in global manufacturing’s balance of power

EV penetration levels reached up to 67.9 percent in Shenzhen in 2023, nearly double the national average of 35.7 percent

China reveals major breakthroughs in gold exploration with 168 metric tons discovered 

China reveals major breakthroughs in gold exploration with 168 metric tons discovered 

This development is a key step in strengthening the nation's resource security 

EU allocates $1.96 billion for humanitarian aid in 2025

EU allocates $1.96 billion for humanitarian aid in 2025

The EU has set additional emergency funding in its budget which includes more than €295 million for worldwide actions

U.S. stocks spike amid positive CPI report

U.S. stocks spike amid positive CPI report

The closely watched core measurement of the Consumer Price Index slowed for the first time in months