economic slump

Amazon Pauses Headquarter Construction in Virginia After Revenue Losses

Amazon has decided to pause construction activities at its second headquarters in Arlington, Virginia, following a poor 2022 financial performance that saw the company register over $2 billion in losses. ...

March 4, 2023BY Naveen Athrappully
EU Unveils Plan to Cut Dependency on China, Others

BRUSSELS —The European Union unveiled on Wednesday a plan to cut its dependency on Chinese and other foreign ...

May 5, 2021BY Reuters
Britain Must ‘Balance the Books’ Despite CCP Virus-Related Debt Mountain: Chancellor

The British government now has a “sacred responsibility” to manage the economy prudently and leave the public finances ...

October 5, 2020BY Mary Clark
UK Economy to Slump Over 10 Percent, Debts to Surge: Moody’s

LONDON—Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year, rating agency Moody's warned ...

July 10, 2020BY Reuters