News

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Fri, 15 Oct 2021 11:00:08 GMT

Demand for new cars in Europe decreases

According to the European Automobile Manufacturers' Association report, the number new card registrations in Europe dropped more than 25% in previous month because of the insufficient supply, in turn, affected by chips shortage.

Fri, 15 Oct 2021 10:00:14 GMT

Chinese corn becomes cheaper

For the first time in 2021 the price on Chinese corn has become as low as wheat, thus giving local animal-feeding producers an opportunity to switch back to a more traditional cereal.

Fri, 15 Oct 2021 09:00:09 GMT

Turkey seals gas deal with Azerbaijan

The Energy Minister of Turkey Fatih Donmez stated on Friday that his country has finally sealed a deal with Azerbaijan for supply of 11 bcm of gas through the Baku-Tiflis-Erzurum pipeline in the next three years.

Fri, 15 Oct 2021 08:16:57 GMT

G7 establish digital cash principles

G7 officials on Wednesday set out 13 guiding principles for retail central bank digital currencies. The digital payment ecosystem should be based on transparency, the rule of law and sound economic governance

Fri, 15 Oct 2021 08:08:35 GMT

Toyota changes production plans

Toyota Motor Corp stated on Friday that it would decrease its global production plans for November by 15% because of the pandemic that affected the speed of manufacturing of auto chips.

Fri, 15 Oct 2021 08:03:19 GMT

Swedish inflation highest since 2008

Inflation in Sweden is at its highest level since October 2008, consumer prices rose 2.8% compared to last year. The central bank will keep the repo rate unchanged.

Thu, 14 Oct 2021 18:25:08 GMT

Swedish inflation highest since 2008

Inflation in Sweden hits highest since Oct. 2008

Thu, 14 Oct 2021 14:15:09 GMT

Energy crisis threatens global economy

The soaring price of natural gas may lead to a slowdown in the global economic recovery

Thu, 14 Oct 2021 13:00:11 GMT

G7 establish digital cash principles

G7 officials endorsed 13 principles for retail central bank digital currencies.

Thu, 14 Oct 2021 11:50:09 GMT

IKEA hits record sales

IKEA reports record 41.9 bln euros of annual sales despite global supply chain disruption

Thu, 14 Oct 2021 06:00:09 GMT

Boeing will require vaccination

Boeing Co will require 125'000 US employees to be vaccinated.

Wed, 13 Oct 2021 20:00:09 GMT

US consumer inflation boosts

U.S. consumer prices rise solidly in September on strained supply chains.

Wed, 13 Oct 2021 16:14:53 GMT

LVMH sales up

Sales at French luxury group LVMH rise by 20% in the third quarter.

Wed, 13 Oct 2021 10:00:12 GMT

Apple slashes iPhone 13 production

Apple is likely to cut production of iPhone 13 due to chip shortage.

Tue, 12 Oct 2021 18:00:12 GMT

Easyjet says recovery underway

Easyjet increases flights and plans to fly 70 per cent of its 2019 levels in the final quarter of the year

Tue, 12 Oct 2021 14:17:16 GMT

NASDAQ futures rise on tech boost

U.S. stock futures rise led by Microsoft Corp, Amazon.com Inc, Google's Alphabet and Tesla.

Tue, 12 Oct 2021 09:40:03 GMT

Tesla Record Sale in China

Tesla sold record 56,006 vehicles made in China, the highest number since the start of production in Shanghai.

Fri, 08 Oct 2021 14:30:08 GMT

Chip prices fuel Samsung's profit

On Friday, Samsung published its largest profit in 3 years. The profits were fuelled by rising chip prices.

Fri, 08 Oct 2021 13:14:43 GMT

USD/CAD drops on US and Canadian data

At 12:30 GMT, the United States and Canadian statisticians published their monthly employment data. As a result, the USD/CAD pair dropped by more than 40 base points or 0.33%.

Fri, 08 Oct 2021 12:35:15 GMT

USD reacts to Employment data

At 12:30 GMT, the US Dollar reacted to the publication of the monthly US employment data. An initial jump of 20 base points occurred on the EUR/USD charts.

Fri, 08 Oct 2021 12:30:11 GMT

US job growth increases

Data published on Thursday revealed that, after the Delta setback, available job growth accelerated in the United States.

Fri, 08 Oct 2021 10:30:08 GMT

US approves higher debt

The US Senate voted on Thursday to increase the maximum government debt in an effort to avoid a US default.

Fri, 08 Oct 2021 08:30:11 GMT

Oil prices climb on Friday

On Friday, crude oil prices surged, as there were fewer signs of an easing of the ongoing low supply situation.

Fri, 08 Oct 2021 06:05:00 GMT

Asian stocks trade flat

During Friday's Asian trading session, stock indices fluctuated flat despite a gain in Chinese blue chip stocks.

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