Author: Economicbuddy

Apple Surpasses Saudi Aramco to Become World’s Most Valuable Company

Apple rode the company’s strong earnings report to become the world’s most valuable publicly traded company, surpassing the state oil giant Saudi Aramco at Friday’s market close. Apple shares closed up 10.47% Friday, giving it a market valuation of $1.84 trillion. Saudi Aramco, which had been the most valuable publicly listed company since its market debut last year,

GLOBAL ECONOMY OUTLOOK 2020-21

Pandemic, Recession: The Global Economy in Crisis Global Outlook: Pandemic, Recession: The Global Economy in Crisis. The COVID-19 pandemic has, with alarming speed, delivered a global economic shock of enormous magnitude,leading to steep recessions in many countries.The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020—the deepest global recession in eight decades,

Gold Price Futures (GC) Technical Analysis – Strengthens Over $1754.30, Weakens Under $1744.10

Gold futures jumped late in the session on Friday even after U.S. equity investors breathed a sigh of relief after President Donald Trump signaled no changes to the trade deal with China despite rising tensions. During a much-awaited news conference, Trump said he would take action to eliminate special treatment towards Hong Kong. However, he
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