News

Note: This section contains information in English only.
Tue, 27 Jun 2023 10:28:41 GMT

Deutsche Bank reveals missing shares

Deutsche Bank has revealed to its investors that some shares of Russian companies have become inaccessible.

Mon, 26 Jun 2023 14:29:55 GMT

US Retailers receive threats

The Wall Street Journal has reported that US retailers have been seeing a broad wave of receiving bomb threats. Callers have reportedly asked for payment to not detonate a potential bomb planted at a store.

Mon, 26 Jun 2023 12:29:52 GMT

S&P cuts forecast for China

S&P Global has decreased its forecast for the growth of the Chinese GDP in 2023 from 5.5% down to 5.2%.

Mon, 26 Jun 2023 06:29:54 GMT

Oil prices increase due to Russian mutiny

At the start of the week's trading, crude oil prices increased. The move was attributed to the Russian mercenary mutiny that occurred over the weekend.

Mon, 26 Jun 2023 06:17:41 GMT

Japan warns about Yen moves

Japan's Vice Minister of Finance for International Affairs Masato Kanda has issued a statement. The country is not ruling out taking action against the recent weakening of the Japanese Yen.

Fri, 23 Jun 2023 14:29:56 GMT

Uber fires employees

Uber has announced that the company would fire 200 employees from its recruitment division.

Fri, 23 Jun 2023 10:29:58 GMT

German recession expectations increase

The Ifo institute has announced that in 2023 the German economy is set to decrease more than previously forecast.

Fri, 23 Jun 2023 06:29:56 GMT

Intel restructures manufacturing

Intel Corporation has announced a major restructuring of its manufacturing activities. The company intends to create a separate entity that would generate its own margin.

Thu, 22 Jun 2023 14:29:55 GMT

SNB signals more tightening

The Swiss National Bank has increased its base interest rate by 0.25% and revealed that it would continue to tighten monetary policy.

Thu, 22 Jun 2023 12:07:45 GMT

Bank of England hikes rates

In an unexpected move the Bank of England has increased its official bank rate to 5.00%. The event has caused a strengthening of the Pound against peer currencies.

Fri, 16 Jun 2023 14:30:01 GMT

Goldman expects OPEC+ cut

Goldman Sachs have revealed that the major bank expects OPEC+ countries to do another oil production cut.

Fri, 16 Jun 2023 10:30:02 GMT

French consumers save on food

Reuters has reported that French consumers have started to decrease their food budgets by choosing lesser quality foods, as a 16% record food inflation has hit the country.

Fri, 16 Jun 2023 06:40:05 GMT

Bank of America comments on Japanese stocks

The Bank of America has issued research that forecasts the Japanese stock market to reach a new record high in early 2025.

Thu, 15 Jun 2023 15:20:01 GMT

Neste comments on 2023 outlook

The CEO of Neste has commented that the company expects renewable fuels to drive the company's growth in 2023.

Thu, 15 Jun 2023 10:30:00 GMT

Advance Auto Pats reduces expectations

Advance Auto Parts has decreased its 2023 profit expectations due to elevated costs. The announcement caused a drop of the company's stock price.

Thu, 15 Jun 2023 06:30:00 GMT

Canada avoids recession

The most recent quarterly Canadian GDP data has revealed that the country's economy has increased by 3.1% in the first quarter of 2023.

Wed, 14 Jun 2023 14:30:02 GMT

Bank of England is on rate hike course

Economists surveyed by Reuters have revealed that the Bank of England is most likely going to increase its Official Bank Rate up to 5.00%.

Wed, 14 Jun 2023 06:30:01 GMT

Nornickel comments on Palladium

The Russian miner Nornickel has revealed that it expected the worldwide Palladium market to turn into a production surplus of 300,000 ounces in 2024.

Tue, 13 Jun 2023 14:30:04 GMT

American Airlines increases expectations

American Airlines group has reported that it would increase its second quarter earnings expectations due to a rise in demand for travel.

Tue, 13 Jun 2023 10:34:59 GMT

Jaguar Land Rover recalls vehicles

The carmaker Jaguar Land Rover has announced a recall of almost 6,400 I-Pace electric vehicles in the United States due to battery overheating issues.

Tue, 13 Jun 2023 10:30:02 GMT

Credit Suisse workers quit

Employees of the failed Credit Suisse have reportedly been leaving the bank in the hundreds each week, as uncertainty over the bank's takeover has gripped workers.

Tue, 13 Jun 2023 06:30:02 GMT

US home prices decline

Analysts surveyed by Reuters have revealed that they see a price decline in the US housing market. However, the ongoing decline is expected to be less than previously thought.

Mon, 12 Jun 2023 14:30:03 GMT

USA denies exports to China

The US government has revealed that in 2022 it has denied 26% of export and re-export license applications for sensitive goods to China.

Mon, 12 Jun 2023 10:30:01 GMT

Faraday Future launches new model

The electric vehicle maker Faraday Future has launched a new car model. FF 91 2.0 is set to be a limited edition vehicle for the price of $309,000.

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