Before even regulation has been made, Volvo has already issued the world's first electric vehicle battery passport.
The tech giant Intel has announced the launch of next generation server processors Xeon. Moreover, the firm has reduced the price for Gaudi 3 AI accelerator chips.
Due to finding irregularities in vehicle certification, the Japanese Transport Ministry has started an on-site inquiry at the headquarters of Toyota Motor Corporation.
The Vietnamese central bank has increased its bank bailout program by additional $1.2 billion that are set to be loaned to the Saigon Joint Stock Commercial Bank.
The Deputy Governor of the Bank of Japan has commented that the BoJ has to vigilantly evaluate the Yen's impact on the economy.
Bloomberg has reported that Airbus in in talks with Chinese Airlines about the sale of 100 widebody airplanes.
The German lender Deutsche Bank has started to work with Bitpanda to process withdrawals and deposits for the Australian crypto exchange.
In May, Tesla has experienced a continuation of the sales decline in China. Moreover, the firm has implemented a deduction to production output.
The Swiss financial market supervisor FINMA has revealed that it requires the option to name and shame banks that break banking rules.
The Taiwan Semiconductor Manufacturing Company has been considering moving plants out of the country due to political tensions with China. However, it has been concluded that moving production was impossible.
Business Insider has reported that Microsoft is set to fire hundreds of Azure cloud employees. The total amount of people to be fired reaches as many as 1,500.
The major bank UBS has announced that it is increasing its MSCI AC World index 2024 forecast to 830.
CNCBC has reported that Google has fired around 100 employees in the company's cloud unit. Most fired employees had sales, operations and consulting roles.
Data for May has revealed that global factory activity has been recovering due to a slowdown of the decline in Europe and an increase in Asia.
In April, lower income Americans have been booking fewer hotel stays, which has been alarming the industry analysts that a broader decline could be upcoming.
The manufacturing sector of the European Union has been signalling that data for May is set to show a recovery of the sector.
The United States Bureau of Labor Statistics has published the monthly US employment data sets. Employment situation in the United States is much better than expected. US Dollar reacted to the news by jumping, as the Dollar index immediately moved from 104.05 up to 104.60.
The International Air Transport Association has commented that the United Nations should not change the way airlines are taxed by keeping taxation in the headquarter country of the airline.
The price for gold suddenly plummeted starting from 08:00 GMT, as the price dropped from 2,373.80 down to 2,345.50. This move was caused by the reveal that the Chinese government has ended its 18 month streak of buying gold around the world in order to create reserves.
The music streaming service has announced a price increase in the United States for the premium subscription plans. The firm intends to increase its profit margins.
As various airlines have continued to report that demand for travel has been picking up, the full-year industry profit forecast has reached a total of $30.5 billion.
Despite Donald Trump being ruled as guilty at the court case in New York, the financial markets price in a high chance that the former President would return to the White House.
It has been revealed that Qatar Airways have been in talks with Boeing and Airbus about a major order of wide-body passenger jets.
For the first time in five years, the ECB has reduced its Main Refinancing Rate. The rate has been cut from 4.50% down to 4.25%. This rate cut was expected, as ECB policymakers had kept talking about it to the media since the start of the year.