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Analysts surveyed by Reuters have revealed that they see a price decline in the US housing market. However, the ongoing decline is expected to be less than previously thought.
The US government has revealed that in 2022 it has denied 26% of export and re-export license applications for sensitive goods to China.
The electric vehicle maker Faraday Future has launched a new car model. FF 91 2.0 is set to be a limited edition vehicle for the price of $309,000.
The Chief Operating Officer of Volkswagen has announced that the company would not participate in the price discount battle ongoing among car producers in China.
Recent release of Chinese Manufacturing Purchasing Managers Index has revealed that the factory activity in the country in May had declined more than expected.
Due to mounting currency exchange rate pressures Unilever has announced that it would switch to African suppliers and farmers of various materials.
Despite the recent surge of the NVidia stock price, due to Wall Street firms increasing earnings expectations the company's price to earnings ratio has improved.
The Reserve Bank of Australia has announced that it would not sign any contracts with PricewaterhouseCoopers until the accounting firm deals with the ongoing tax information leak scandal.
Toyota Motor Corporation has announced that some customers in Oceania and Asia might face risks of data leakage. Client information might have been public from 2016 October up to May of 2023.
The Chinese search giant Baidu has launched a $145 million AI venture capital fund. The company intends to back start-ups that focus on AI generated content.
The UK based company WE Soda has announced that it would do an initial public offering on the London Stock Exchange.
The top supplier of Apple has revealed that it expects AI to increase server demand. However, the company's full financial year is still expected to be flat.
Governing Council member of the European Central Bank Madis Muller has stated that he expects more than one quarter point interest rate hike.
The Hong Kong airline Cathay Pacific has been preparing a new order of Boeing 777-8F airplanes, as it intends to renew its cargo fleet.
NVidia Corporation has revealed that it would be building Israel's most powerful supercomputer that is aimed at meeting increasing demand for AI applications.
Uber executives have revealed to Reuters that the company is observing an influx of new taxi drivers in Europe.
RIA news agency has reported that foreign investors had withdrawn $36 billion from Russia during March 2022 up to March 2023.
Boeing Corporation has revealed that it is arranging a deal to sell 150 737 Max jets to the start-up Riyadh Air. The start-up is a Saudi Arabian project that intends to compete in the region.
The recent US budget deal would not affect IRS tax collection in 2024 and 2025, the White House has announced. The recent US budget deal is set to cancel a planned IRS funding increase.
The Singapore's state investment company Temasek has cut salaries for the team that was responsible for state fund investment into the FTX cryptocurrency exchange.
Price Waterhouse Coopers has put nine partners on leave and started to overhaul its board of executives in Australia due to the recent tax document leak scandal.
The Chinese Commerce Minister Wang Wentao has addressed the Japanese government asking it to stop the restrictions on chip exports to China.
NVidia Corporation and MediaTek have partnered up to collaborate and develop advanced vehicle information and entertainment systems.
The United States Commerce Secretary Gina Raimondo has announced that the US won't tolerate the Chinese ban on purchases of Micron Technology memory chips.