Economy

Economic Downturn – Samsung’s profits fell 69 percent

Electronics giant Samsung sensed the weakness of the global economy in the fourth quarter of 2022. Earnings from ordinary operations fell 69 percent year-on-year...

Growing too fast – why the IT giants are now cutting tens of thousands of jobs

18,000 jobs at Amazon, 12,000 at Google's parent company: the scale of job losses in the tech industry is making headlines. However, the...

Unicaja almost doubles profit in 2022 supported by higher revenues and lower expenses

Malaga's banking group earned €260 million last year, an 88.9% increase, after setting aside €50 million to anticipate a possible economic downturn due to...

Despite losses, Amazon doesn’t want to give up Alexa devices just yet

After cutting hundreds of jobs in its device division, Amazon reaffirms its focus on Alexa language assistant. “The Alexa team is still by...

The IMF foresees a slowdown in the global economy and moderation in prices in 2023

Warns that "winter has come to Europe" and that high inflation is putting pressure on household budgetsThe global battle against inflation, Russia's war in...

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