The worse than expected earnings of Tyson Foods have been the catalyst of the company's stock sell off. The company has reported that demand for chicken had weakened, due to which the company missed its earnings forecasts.
The Japanese government has revealed that in October it made a record intervention in the forex market by selling $48 billion USD against the Yen.
The stock price of BNP Paribas became highly volatile after the company missed its quarterly results, but increased its targets for 2025.
Strikes against pension reforms in France have caused major disruptions in the country's energy sector.
The United Nations have reported that North Korea experienced a record breaking 2022 in its cryptocurrency theft operations by stealing a total of $3.8 billion.
In an effort to avoid bankruptcy Bed Bath & Beyond has announced that it would raise $1 billion through a stock offering. The company's stock price jumped 92.14% on Monday, prior to declining nearly 40.00% after trading hours.
Various drug companies have revealed that they are expecting a decline of sales in 2023 due to the world no longer requiring COVID-19 medicine.
Tesla officials in South Korea have revealed that they are continuing to further decrease the prices for their car models.
The US tech giant Apple has revealed that the company expects another decline in its revenue, despite solving iPhone production problems.
Recent quarterly results published by Meta and Alphabet have revealed that the global digital advertisement market has continued to decline.
Two ECB policymakers Slovakia's Peter Kazimir and Lithuania's Gediminas Simkus have revealed that the ECB would hike interest rates not only in March, but also in May.
The Swiss federal prosecutors have initiated a criminal proceeding aimed at the 2022 information leak of Credit Suisse 18,000 accounts.
Apple, Alphabet and Amazon have published their quarterly earnings results. In general, all companies have missed earnings and revenue estimates, which were already reduced due ongoing decline of consumer demand. As a result, the company stocks started the days trading with gaps down from 2.00% up to 7.00%.
Warren Buffet's Berkshire Hathaway has sold $44.9 million of shares of the Chinese electric vehicle producer BYD.
The US Bureau of Labor Statistics has just published the US monthly employment data. The data sets have revealed. Major increases in employment numbers, but no changes in salaries.
Market losses of Adani Group have reached above $100 billion, as the group's top company abandoned the idea of a $2.5 billion stock offering. The major Indian group has been plummeting since the short-seller Hindenburg published a report on Adani's finances.
The oil company Shell has reported that in 2022 it has doubled its profits by earning $40 billion.
The US real estate trust has announced another $69 billion withdrawal block, as the company does not allow its clients to cash out of their investments.
The FedEx Corporation has announced that it would fire more than 10.00% of its officer and director ranking employees. The new cuts are part of a giant 12,000 worker lay off.
The stock price of the Facebook owner Meta soared at the start of the day's trading, the surge was attributed to the company announcing a $40 billion stock buyback and the CEO of the company announcing a "Year of Efficiency".
In the aftermath of abysmal quarterly results, Intel Corporation has announced that it would cut salaries from 5.00% up to 25.00%. In addition, the company is set to reduce its matching of pension fund programs.
The European Central Bank has just increased its Main Refinancing Rate from 2.50% up to 3.00%. In addition, the central bank has published its Monetary Policy Statement.
The financial payments company PayPal has revealed that it would lay off nearly 2,000 employees. The company is one of the many among the recent string of layoffs. Recently, the stock markets for an unknown reason have reacted positively to any major firing.
The Bank of England has increased its Official Bank Rate from 3.50% up to 4.00%. The members of the Monetary Policy Committee voted as follows. Seven cast votes for a rate hike and two voted for keeping rates unchanged.