Chinese authorities have revealed new and stricter rules that would regulate the country's $1.3 trillion credit card sector.
The crypto lender Celsius Network has been sued by a former client. The firm is being accused for rigging prices and failing to hedge risks, which resulted in a freeze of client funds.
The Reserve Bank of New Zealand has revealed that the National Australia Bank's New Zealand unit has failed to report nearly 50,000 transactions, as set by AML and counter-terrorism laws.
The Bank of Japan has announced that it expects inflation in Japan to eventually slightly top the 2.00% mark.
The CEO of Boeing has revealed to Aviation Week that due to issues with regulation the company might cancel the 737 MAX 10 airplane.
The Irish data privacy authorities have commented that they have moved closer to legislation, which would ban Meta from transferring Facebook data between EU-US servers.
Twitter has announced that the company has been removing 1 million spam accounts per day, as it battles automated bots.
An EU court adviser has revealed that Airbnb would be obliged to provide tax authorities with contract information.
The Head of Responsible Investing of HSBC Asset Management Stuart Kirk has left the bank in the aftermath of controversy about his comments that global authorities had exaggerated financial risks of climate change.
The Wall Street Journal has revealed that Merck is in talks with Seagen about a $40 billion acquisition of the company.
The Russel survey has revealed that bond investors expect inflation in the United States to remain high for a longer time period than previously expected.
At 12:30 GMT, the global markets reacted to the better than forecast US employment data with a major surge of the US Dollar. Subsequently assets that are traded against it plummeted.
A Reuters poll revealed this week that the surge of the value of the Canadian Dollar is expected to decrease, as the global economic slowdown would decrease the demand for commodities.
On Thursday, Lufthansa staff called for an end to cost-cutting at the company, as it would increase the chaos at airports.
In the second quarter of 2020, Samsung profits hit a high not seen since 2018, as chips boosted sales.
This week, as the Euro reached a two-decade-low level, the currency increased its volatility to levels not observed since March of 2020.
Reuters has revealed that the European Union intends to become the top investor in the world's tallest hydro dam in Tajikistan.
CPCA has announced that in accordance with its estimates Tesla produced 78,000 vehicles in China in June, which, compared to May, is an increase of 142%.
This week, Frankfurt Airport operator Fraport revealed that the firm expects staff shortages to continue to disrupt operations during the upcoming months.
Data for May has revealed that industrial orders in Germany have recovered and reversed a previous downward trend.
On Wednesday, Equinor announced that all the strike affected oil and gas fields would be at full production back in a few of days.
This week, Airbus announced that the company would revoke its contract for a fourth order of A350 airplane delivery to Qatar Airways.
Reuters revealed this week that the Chinese government intends to invest additional $75 billion in infrastructure in an effort to revive the economy.
On Tuesday, the Scandinavian airline SAS filed for bankruptcy protection in the United States, as a pilot strike appeared to have collapsed the company.