News

Note: This section contains information in English only.
Fri, 04 Nov 2022 14:30:07 GMT

US Treasury considers bond buybacks

The United States Department of the Treasury has revealed that it continues to evaluate bond buybacks for the purpose of increasing market liquidity.

Fri, 04 Nov 2022 12:30:08 GMT

US GDP beats IMF expectations

The International Monetary Fund has announced that it might need to increase its 2022 US GDP forecast, as recent quarterly data beat the organization's prior expectations.

Fri, 04 Nov 2022 09:30:08 GMT

White House subsidizes households

The US White House has announced that it would use a total of $13.5 billion to help households with energy bills.

Fri, 04 Nov 2022 06:30:07 GMT

Volvo increases sales

Volvo Cars has revealed that due to demand for electric vehicles the company increased its sales in October by 7%.

Thu, 03 Nov 2022 14:30:08 GMT

Maersk comments on demand

The shipping line Maersk has revealed that it expects the demand in 2022 for container shipping to decline, as a recession approaches.

Thu, 03 Nov 2022 11:30:09 GMT

US pharmacies settle opioid case

Walmart, CVS and Walgreens have agreed to pay $13.8 billion to settle thousands of lawsuits, which accuse the companies of mishandling opioid painkillers.

Thu, 03 Nov 2022 08:30:09 GMT

Ferrari lifts forecast

Ferrari has announced that after a strong third quarter of 2022, the company would increase its 2022 yearly profit forecast.

Thu, 03 Nov 2022 06:30:07 GMT

S&P decreases Credit Suisse rating

S&P Global Ratings has downgraded the long-term credit of Credit Suisse Group to one level above junk bonds.

Wed, 02 Nov 2022 18:16:16 GMT

US Federal Reserve hikes interest rates

All of financial markets are reacting to the just announced US Federal Reserve Federal Funds Rate. The markets expected the US Fed to hike the rate by 0.75%, which would bring it from 3.25% up to 4.00%. The expectations came true and volatility increased.

Wed, 02 Nov 2022 15:30:14 GMT

PetroChina expects demand to rise

PetroChina executives have revealed that they expect demand for gas and fuel to rise in the third quarter of 2022, compared to 2021.

Wed, 02 Nov 2022 12:30:07 GMT

Investors buy equity

In October, investors bought equities at volumes that had not been observed since March 2022.

Wed, 02 Nov 2022 09:30:08 GMT

Norway's wealth fund reveals results

The $1.15 trillion Norwegian wealth fund has announced that in the third quarter of 2022 the fund had suffered a loss of $43.47 billion.

Wed, 02 Nov 2022 06:30:08 GMT

German President comments on Russia

The President of Germany Frank-Walter Steinmeier has stated that the Russian invasion of Ukraine has shattered the Gorbachev's idea of a common European home.

Tue, 01 Nov 2022 15:30:06 GMT

Volkswagen comments on supplies

As the company released its quarterly results, Volkswagen revealed that it expects supply issues to remain intact and earnings to stagnate below pre-coronavirus levels.

Tue, 01 Nov 2022 12:30:09 GMT

China creates new COVID vaccine

The Chinese firm CanSino Biologics has revealed to the world an inhalable COVID-19 vaccine. Other vaccines are administered via an injection.

Tue, 01 Nov 2022 09:30:09 GMT

ECB confirms rate hike plans

The European Central Bank has announced that it would continue to tighten monetary policy during the upcoming months.

Tue, 01 Nov 2022 06:30:08 GMT

Germany manages to grow GDP

The German economy has managed to grow 0.3% in the third quarter of 2022, compared to the market expected 0.2% decline.

Mon, 31 Oct 2022 15:30:08 GMT

French economy recovers

In the third quarter of 2022, the French Gross Domestic Product increased by 0.2%. Meanwhile, inflation continue to rise in October.

Mon, 31 Oct 2022 12:30:09 GMT

Glencore expects record profit

The commodity trader Glencore has revealed that the company expects to reach record profits for the year of 2022 despite a decline in earnings in the second half of the year.

Mon, 31 Oct 2022 09:30:44 GMT

Maruti Suzuki quadruples profit

The largest Indian carmaker Maruti Suzuki has announced that the company has quadrupled its second quarter profit due to record sales and easing commodity prices.

Mon, 31 Oct 2022 06:30:08 GMT

Musk takes over twitter

Elon Musk has announced that the bird is freed, as he took Twitter private in a $44 billion deal. The new owner of the company has already fired the CEO, CFO and policy chief.

Fri, 28 Oct 2022 14:30:06 GMT

Credit Suisse asks investors for funds

In the aftermath of scandals and losses, the Swiss bank Credit Suisse has announced that it would raise 4 billion Swiss francs by selling the company's stock.

Fri, 28 Oct 2022 12:34:17 GMT

US PCE inflation hits forecast

The US Core PCE Price Index has been revealed to have increased by 0.5%, which was expected by the markets. As the news came out, the Dollar index plummeted 0.20% causing a surge of stock indices and commodity prices.

Fri, 28 Oct 2022 12:30:08 GMT

Shell posts major profits

Shell has posted a quarterly profit of $9.45 billion, which was lower than the previous quarter's record high due to weaker gas trading and refining.

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