News

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Mon, 30 Jan 2023 06:30:09 GMT

Nokia comments on 2023

Nokia has revealed that it expects the company to increase its telecoms market share and its sales in 2023.

Fri, 27 Jan 2023 14:30:07 GMT

Twitter advertising declines

In December, advertising expenditure on Twitter ads had decreased by 71%. The information has been compiled and published by Standard Media Index.

Fri, 27 Jan 2023 12:30:10 GMT

Japan cuts economic expectations

Due to a weakening of exports to Asia, the Japanese government has cuts its overall economic outlook for the first time in a period of 11 months.

Fri, 27 Jan 2023 10:30:06 GMT

EasyJet returns to profit

The airline EasyJet has revealed that due to strong bookings for 2023 the company expects a return to profits.

Fri, 27 Jan 2023 08:30:08 GMT

Natural disasters cause major losses

The insurance broker Aon has revealed that due to various climate disasters the world has suffered a loss of $313 billion in 2022.

Fri, 27 Jan 2023 06:30:06 GMT

Volvo recalls vehicles

Volvo Cars has announced a recall of 106,900 cars due to possible faulty brakes. The recall affects most of 2023 make models.

Thu, 26 Jan 2023 14:30:07 GMT

US jet owners look for reduced prices

US business jet buyers have been looking for current owners of airplanes, which might be having issues with making payments due to the ongoing financial market turbulence.

Thu, 26 Jan 2023 12:30:06 GMT

J&J increases 2023 forecast

Johnson & Johnson has announced that due to high expectations in the pharmacy sector the company would increase its 2023 profit forecast.

Thu, 26 Jan 2023 10:30:06 GMT

Raytheon beats estimates

The US aerospace company Raytheon has revealed better than expected quarterly profits, as strong demand for travel has caused demand for new jet engines, service and parts.

Thu, 26 Jan 2023 08:30:08 GMT

GE decreases expectations

General Electric has decreased its 2023 profit expectations due to the company struggling in its renewable energy business.

Thu, 26 Jan 2023 06:30:08 GMT

3M reduces workforce

Due to a weakening of consumer demand, 3M Company has announced that it would lay off 2,500 employees.

Wed, 25 Jan 2023 14:30:09 GMT

Binance moves seized funds

Reuters has revealed to the world that Binance had processed $346 in bitcoin for the exchange Bitzlato. The currency exchange's co-founder and majority holder Anatoly Legkodymov is being charged by the US Justice Department with money laundering.

Wed, 25 Jan 2023 12:30:06 GMT

Lockheed Martin expects less profit

The US arms producer Lockheed Martin Corporation has revealed that higher costs and supply bottlenecks are expected to decrease the company's profits.

Wed, 25 Jan 2023 10:30:06 GMT

Verizon issues profit forecasts

Verizon Communications has decreased its annual profit forecast, as the company struggles to deal with a decline in wireless customer growth.

Wed, 25 Jan 2023 06:30:07 GMT

Euro Zone activity increases

In a sudden surprise European Purchasing Managers Index has revealed that in January business activity had returned to growth.

Tue, 24 Jan 2023 14:30:06 GMT

Amazon increases exposure to healthcare

The US online retailer Amazon has revealed that it would offer a $5 monthly healthcare subscription plan.

Tue, 24 Jan 2023 11:37:44 GMT

Honda speeds up electrification

Honda Motor Company has revealed that it would increase its efforts to create electric vehicles by establishing a new company division.

Tue, 24 Jan 2023 11:11:04 GMT

Ford fires employees

Ford has revealed that it would reduce up to 3,200 jobs in its European subsidiaries. Unions have reacted to the announcement with a pledge to fight the layoffs.

Mon, 23 Jan 2023 06:30:07 GMT

US Energy Secretary issues warning

The United States Energy Secretary Jennifer Granholm has been revealed by Reuters to have issued a warning to Republicans that limiting the President's authority to use the country's oil reserves could increase oil prices.

Fri, 20 Jan 2023 14:30:05 GMT

Knot comments on ECB rates

The head of the Dutch central Bank Klaas Knot has stated that the markets are underestimating the rate hikes, which are planned by the European Central Bank.

Fri, 20 Jan 2023 12:30:07 GMT

Amazon fires staff

The US online retailer sent out a memo on Wednesday, which ordered firing employees by the end of the day in the United States, Canada and Costa Rica.

Fri, 20 Jan 2023 10:30:07 GMT

Fed policymakers want higher rates

Recently interviewed US Federal Reserve policymakers have revealed that despite recent slowdown in inflation, the central bankers want to increase base interest rates.

Fri, 20 Jan 2023 08:30:07 GMT

Microsoft lays of staff

Microsoft Corporation has announced that it would lay off nearly 10,000 employees and eliminate their positions at the company.

Fri, 20 Jan 2023 06:30:07 GMT

Tech companies prepare for bad profits

Analysts surveyed by Reuters have revealed that most major US tech companies are expecting abysmal quarterly results and intend to lay off staff, which was increased during the pandemic.

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