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The eurozone will avoid a recession this year according to a widely-watched survey of economists which illustrates the sharp about-turn in global economic sentiment in the past couple of weeks. As recently as last month, analysts surveyed by Consensus Economics were predicting the bloc would plunge into recession this year. But this month’s survey found

The Bitcoin BTC/USD rally that kick-started at the beginning of the new year has strengthened, thanks to the general increase in risk appetite. What Happened: Bitcoin crossed the psychological threshold of $23,000 intraday on Saturday for the first time since mid-August 2022. At last check, the apex crypto was rallying 9.20% to $23,032.77, according to

Banks are gearing up for the biggest round of job cuts since the global financial crisis, as executives come under pressure to slash costs following a collapse in investment banking revenues. The lay-offs — which are expected to be in the tens of thousands across the sector — reverse the mass hirings banks made over

Google’s parent company will axe 12,000 staff, pushing total tech job losses in the past 12 months above 200,000, as industry bosses concede they overextended during the pandemic’s digital boom. The industry-wide cull has affected more than 50,000 people across just four Big Tech companies that also include Amazon, Meta and Microsoft. Apple is the

A never-before-seen emperor penguin colony — one of only 66 known to exist — has been spotted by accident in satellite photographs of West Antarctica that clearly show their guano, or droppings, staining the ice. The colony is estimated to be home to about 1,000 adult birds, in 500 pairs with their young, which makes

The Biden administration and some of its European allies have pledged new heavy weaponry to Ukraine, including howitzers, missile defense systems and first-time shipments of armored vehicles. On Thursday, the Pentagon said its new $2.5 billion military aid package will include dozens of Bradley Fighting Vehicles and Stryker armored personnel carriers. The Pentagon stopped short

SINGAPORE Singapores Zilingo is set to enter liquidation, capping a months-long crisis that shocked Asias technology and start-up industries. The fashion tech companys board appointed EY Corporate Services as provisional liquidator, sources familiar with the matter said, asking not to be named as the matter is private. The board informed major shareholders and creditors of

2 reportedly killed in small plane crash near Westchester County Airport Two people were reportedly killed after a single-engine Beechcraft A36 crashed around one mile from Westchester County Airport in White Plains. NEW YORK – Two people were killed after a single-engine Beechcraft A36 crashed around one mile from Westchester County Airport in White Plains.