Suzanne

A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.

Americans file for bankruptcy protection

Americans file for bankruptcy protection Americans file for bankruptcy protection

Americanas – controlled by the trio Jorge Paulo Lehman, Marcel Teles and Beto Sucupira – filed for judicial recovery. The company’s debts add up to R$ 43 billion and involve financial, labor and supplier creditors. Judicial recovery is a truce that the company asks the Court not to pay its debts while trying to recover. […]

Twitter announces annual subscription plan for account verification

Twitter announces annual subscription plan for account verification Twitter announces annual subscription plan for account verification

Twitter announced, last Wednesday (18), an annual subscription plan for the “Twitter Blue” service, which offers the account verification seal and other benefits. Now, users will be able to buy a whole year of the service for US$ 84 (about R$ 433 at the current price) instead of US$ 8 monthly (R$ 36), which represents […]

Owner of KFC and Pizza Hut suffers virtual attack and closes 300 stores in the UK

Owner of KFC and Pizza Hut suffers virtual attack and closes 300 stores in the UK Owner of KFC and Pizza Hut suffers virtual attack and closes 300 stores in the UK

Yum Brands said this Thursday (19) to have suffered a ransomware attack, when data is encrypted from the network and hijacked, in some of its information technology systems. The cyber attack led to the temporary closure of some of its UK stores. The parent company of KFC, Pizza Hut and Taco Bell, said that while […]

Amazon plans to lay off staff in the US, Canada and Costa Rica

Amazon plans to lay off staff in the US, Canada and Costa Rica Amazon plans to lay off staff in the US, Canada and Costa Rica

Amazon.com will cut jobs in the United States, Canada and Costa Rica as part of a plan to lay off 18,000 employees, the company said in an internal memo seen by Reuters on Wednesday. The company is laying off 2,300 workers in Seattle and Bellevue, according to an update on the US Worker Adjustment and […]

US weekly jobless claims unexpectedly drop

US weekly jobless claims unexpectedly drop US weekly jobless claims unexpectedly drop

The number of people filing new US jobless claims unexpectedly dropped last week, suggesting the job market remains tight despite higher interest rates. Initial claims for unemployment benefits dropped by 15,000 to 190,000 in seasonally adjusted data for the week ended January 14, the Labor Department said on Thursday (19). Economists polled by Reuters had […]

ECB struggled to agree on December rate hikes, minutes show

ECB struggled to agree on December rate hikes, minutes show ECB struggled to agree on December rate hikes, minutes show

European Central Bank officials struggled to agree on a 50 basis point hike in interest rates in December, but concluded that strong indications of future hikes were just as good as a bigger hike immediately, minutes from the central bank meeting showed. ECB this Thursday (19). The ECB slowed the pace of its rate hikes […]

Turkish central bank keeps key interest rate unchanged at 9% for second month in a row

Turkish central bank keeps key interest rate unchanged at 9% for second month in a row Turkish central bank keeps key interest rate unchanged at 9% for second month in a row

The Central Bank of Turkey decided to maintain its basic interest rate at 9% for the second month in a row, after completing a monetary policy meeting this Thursday (19) amid the slowdown in domestic inflation. Before December, the Turkish Central Bank had cut its main rate by 500 basis points, under pressure from the […]

Interest rates soar up to 37 points after Lula’s criticism of the Central Bank and the strong dollar

Interest rates soar up to 37 points after Lula’s criticism of the Central Bank and the strong dollar Interest rates soar up to 37 points after Lula’s criticism of the Central Bank and the strong dollar

Future interest rates started this Thursday (19) on a high, accompanying the strong dollar against the real, with an increase of more than 1%, and after criticism by President Luiz Inácio Lula da Silva of the independence of the Central Bank (BC) and the current inflation target. Lula questioned what good is an independent BC […]

Interest rates rise more than 1% after Lula’s criticism of BC and strong dollar

Interest rates rise more than 1% after Lula’s criticism of BC and strong dollar Interest rates soar up to 37 points after Lula’s criticism of the Central Bank and the strong dollar

Future interest rates started this Thursday (19) on a high, accompanying the strong dollar against the real, with an increase of more than 1%, and after criticism by President Luiz Inácio Lula da Silva of the independence of the Central Bank (BC) and the current inflation target. Lula questioned what good is an independent BC […]

Americanas shares fall 27% after announcement of imminent judicial recovery

Americanas shares fall 27% after announcement of imminent judicial recovery Americanas shares fall 27% after announcement of imminent judicial recovery

Americanas shares signaled a sharp drop this Thursday, after the company disclosed that it is working with the possibility of filing for bankruptcy “in the next few days or potentially in the next few hours”. At 10:20 am, the retailer’s shares, which started the day at auction, fell 27.01%, to R$ 1.27. Earlier, just before […]