19.09.2024 US
939 day since the barbaric invasion of Ukraine

Investing

Chairman of the Federal Reserve Board Jerome Hayden Powell

The Fed lowers interest rate and cuts US GDP growth forecast for 2024

The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.

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Ellinikon

Greece is building the largest Smart City in Europe: Ellinikon

Construction of Ellinikon — the largest Smart City in Europe — has started in Athens, and by Christmas 2026, it will become home to 20,000 residents

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Trussardi Logo

Miroglio Group Acquires Trussardi, Expanding Portfolio and Development Strategy

The Italian holding Miroglio Group has purchased the brand Trussardi, planning to expand its presence in the clothing and leather goods market

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Gold bars

India bought $6.2 billion worth of gold in February, a monthly record

Gold imports to India in February increased to $6.2 billion, a growth of more than 2.3 times compared to the same period last year

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Sam Altman

SEC investigates potential deception of OpenAI investors during the crisis with Altman

The United States Securities and Exchange Commission is examining whether OpenAI misled investors when Sam Altman was suspended from his position

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Erling Haaland

Erling Haaland Invests in the Future, Buying a Mercedes AMG One Supercar for 3 Million Euros

Soccer player Erling Haaland and his friend invested in the rare supercar Mercedes AMG One for 3.13 million euros, considering the purchase an investment for the future

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Zara Store

Inditex shares peaked following record revenue growth in 2023

The rise in Inditex shares occurred after announcing record revenues of €35.9 billion in 2023 and expansion plans

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Vodafone Logo

Vodafone sells its Italian business to Swisscom for 8 billion euros

Vodafone is exiting its business in Italy by selling it to Swisscom for 8 billion euros to optimize operations and increase stock value

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Indian Prime Minister Narendra Modi

Indian Prime Minister Narendra Modi announces the construction of three semiconductor factories for $15 billion

Narendra Modi announced the construction of three chip manufacturing plants for a total of $15 billion, including the first in India

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Stock exchange quotes

Private equity funds hold a record in unsold assets at $3 trillion — Bain

Private equity funds control 28,000 companies valued at $3 trillion. Sales fell by 44%, reaching a decade low

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Charlie Munger

Charlie Munger, influential investor and Vice President of Berkshire Hathaway, has passed away

Charlie Munger, Vice President of Berkshire Hathaway and renowned investor, has died at the age of 99, leaving behind a legacy of significant achievements and a unique approach to investing

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