News

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Tue, 05 Jul 2022 12:30:05 GMT

Euro Zone investor morale drops

Sentix revealed this week that its investor morale index had dropped from -15.8 down to -26.4, during June.

Tue, 05 Jul 2022 10:30:05 GMT

SAS comments on strikes

On Monday, the airline SAS announced that the survival of the company would be at stake, if pilots continue to strike.

Tue, 05 Jul 2022 09:05:09 GMT

EUR/USD reaches record low level

At 09:00 GMT, the EUR/USD currency exchange rate plummeted and hit the 1.0300 mark, extending a two hour decline. The rate had not traded near this level since 2002.

Tue, 05 Jul 2022 08:30:10 GMT

ECB changes its corporate holdings

The European Central Bank has announced that it would adjust its corporate debt holdings to favour greener companies.

Tue, 05 Jul 2022 06:30:07 GMT

Ryanair reports record June

Ryanair has reported that the company has experiences a record month, as passenger load reached 95%.

Mon, 04 Jul 2022 14:30:05 GMT

Dollar returns to high levels

The US Dollar index has returned to its high levels near the 106.00 mark, as recession fears have fuelled a run to cash.

Mon, 04 Jul 2022 12:30:08 GMT

Bank of America comments on indicators

The Bank of America has announced that for a third week straight market indicators have been extremely bearish.

Mon, 04 Jul 2022 10:30:06 GMT

Volvo expands production

The car production company Volvo revealed on Friday that it would create additional 3,300 jobs at its new $1.25 billion plant in Slovakia.

Mon, 04 Jul 2022 08:30:07 GMT

Lamborghini invests in hybrid vehicles

The CEO of Lamborghini Stephan Winkelmann has revealed that the car maker would invest 1.8 billion euros into a new hybrid car line-up for 2024.

Mon, 04 Jul 2022 06:30:08 GMT

Japan monitors possible US recession

According to Reuters, Japanese policymakers have started to monitor US recession fears, which could cause a spike in the value of the Yen.

Fri, 01 Jul 2022 14:30:06 GMT

BMW buys back stocks

In July, BMW intends to start a programme, which would buy back the company's stock up to a total of 2 billion EUR.

Fri, 01 Jul 2022 12:30:05 GMT

SEC rejects new Bitcoin ETF

This week, the US Securities and Exchange Commission rejected the creation of a new spot Bitcoin ETF by Grayscale.

Fri, 01 Jul 2022 10:30:06 GMT

Euro Zone unemployment declines

In May, unemployment in the Euro Zone reached a record low level of 6.60%, despite economists expecting a reading of 6.80%.

Fri, 01 Jul 2022 08:30:06 GMT

Stocks book record half-year

During the first six months of 2022, the MSCI World Equity Index booked its worst first half-of-a-year performance since the creation of the index.

Fri, 01 Jul 2022 06:30:07 GMT

Riksbank hikes interest rates

On Thursday, the Swedish Riksbank hiked its base interest rate by 50 base points, which caused a surge of the value of the Swedish Krona.

Thu, 30 Jun 2022 14:30:07 GMT

US monitors weekend travel

The United States Transportation Secretary Pete Buttigieg announced this week that he would monitor airline travel during the upcoming three day weekend.

Thu, 30 Jun 2022 12:30:06 GMT

Central banks prioritize inflation

This week, at the ECB Forum the heads of the ECB, Federal Reserve and Bank of England stated that battling inflation is their highest priority, not economic growth.

Thu, 30 Jun 2022 10:30:06 GMT

US economy contracts

The final data for the first quarter of 2022 has revealed that the US economy has decreased by in size by 1.6%.

Thu, 30 Jun 2022 08:30:05 GMT

FedEx expects notable growth

This week, FedEx revealed that the company expects its profit margin to increase to 12% by 2025.

Thu, 30 Jun 2022 06:30:07 GMT

Demand for equity remains strong

On Wednesday, the Bank of America revealed that despite the ongoing stock decline during the first six months of 2022 the markets have experienced a $193 billion net inflow.

Wed, 29 Jun 2022 14:30:06 GMT

Mercedes opens new plants

This week, Mercedes announced that the company would open new production plants for the production of electric vehicles.

Wed, 29 Jun 2022 12:58:52 GMT

World Bank comments on recession

The head of the World Bank announced on Wednesday that it doubts that the global economy could avoid a recession.

Wed, 29 Jun 2022 08:30:08 GMT

Buffet buys stocks

It was revealed on Tuesday that Warren Buffet's Berkshire had acquired additional shares of Occidental and increased its stake in the company to more than 16.00%.

Wed, 29 Jun 2022 06:30:07 GMT

Nissan suspends production in Russia

Nissan has announced that the company would pause its production in Russia for a period of six months.

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