Italian bank loans to firms fall as demand weakens: central bank

[ad_1] April 7 (Reuters) – Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy said on…

Global factory activity weakens as demand falters

[ad_1] Global factory activity weakened in March as consumers feeling the pinch from rising living costs cut back, surveys showed on Monday, suggesting a deteriorating outlook will remain a drag…

EU leaders play down bank risks as economy weakens

[ad_1] BRUSSELS (AP) — European Union leaders Friday played down the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the…

Economy sheds N20tr as policy weakens productivity, SMEs

[ad_1] • NECA says small businesses going into extinction• NLC: Govt undermining productivity• CPPE calls on Buhari to intervene• Food factories shutdown, lose billions• We use our wages to buy money…

Foxconn: iPhone maker sees revenue slump as demand weakens

[ad_1] Foxconn said its sales fell by more than 11% in February, compared to the same month in 2022. [ad_2] Source link

World Trade Weakens, but Maersk Will Float On

[ad_1] Maersk’s outlook on global trade confirms that stormy seas are waiting, but the stock is well positioned once conditions improve. [ad_2] Source link

Tech layoffs: PayPal cuts 2,000 jobs as global economy weakens

[ad_1] The online payments platform is the latest technology firm to cut costs as the global economy weakens. [ad_2] Source link