The economy refers to the system by which goods and services are produced, distributed, and consumed within a society. It encompasses all activities related to the production of wealth, including the management of resources, the labor market, and the transactions between various entities such as individuals, businesses, and governments. Economies can function in various forms, such as capitalist, socialist, or mixed systems, and are influenced by factors like supply and demand, monetary policy, and fiscal policy. The health of an economy is often measured through indicators such as gross domestic product (GDP), unemployment rates, inflation, and trade balances, reflecting the overall economic performance and the standard of living of its participants.
Saint-Gobain has acquired FOSROC, a leader in construction chemistry. The acquisition strengthens Saint-Gobain's global presence and product offerings. FOSROC operates 20 production facilities and employs around 3,000 people. The company…
Judicial liquidations increased by 34% last year, indicating significant business distress. Business restructurings rose by 50%, reflecting widespread economic challenges. Unemployment rates have reached 5.6%, affecting many families and communities.…