Eurozone Leads Global Growth. Figures released by the European Union’s statistics agency Tuesday showed the currency- area’s economy grew at an annualized rate of 0.5% as higher energy costs weighed on household spending. This translated into 3.5% growth in gross domestic product* for 2022 as a whole, a faster rate than seen in either China or the U.S.
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Spotify Boosts User Base Despite Loss. Spotify reported 489 million monthly active users, a 20% increase year over year, with growth in India and Indonesia* as a result of marketing campaigns and strength from its eighth annual Wrapped campaign and the holiday season.
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