The luxury brand giant LVHM has reached a 400 billion Euro market value, which makes it the most valuable European company.
For a fourth year in a row the sales of Renault have continued to decline, as reported by the company's annual financial report.
The Goldman Sachs Group has revealed that it had missed its quarterly earnings estimates due to a decline in dealmaking and asset management. The bank has reported a 69% decline in quarterly profits.
The Bank of England has revealed that it remains sceptical on the creation of a digital Pound, despite other central banks backing work on digital currencies.
The Edelman Trust Barometer survey has revealed that two in five people expect their welfare to be worse in the future than currently.
The EU antitrust regulators are set to issue an official warning to Microsoft for its $69 billion bid for Activision Blizzard.
Siemens has announced that the company has signed a three billion Euro train supply and maintenance deal with the government of India.
The Finance Minister of Germany Christian Lindner has stated that the ban of commission-based sales in banking and insurance would create a setback for the EU's capital markets.
The Brazilian retailer's Americanas SA Chief Executive Officer and Chief Financial Officer have resigned, as it has been discovered that there are accountancy inconsistencies in the company that amount to $3.88 billion.
Taiwan Semiconductor Manufacturing Company is decreasing its 2023 capital expenditure plans, despite a record fourth quarter of 2022. The company expects a decline in demand.
The Chamber of Commerce and Industries of Germany has revealed that 53% of companies from a total of 22,000 surveyed were reporting employee shortages.
Taiwan Semiconductor Manufacturing Company has posted its fourth quarter financial results. The company has beaten its profit expectations by 78%.
Consumer inflation data for China has revealed that inflation had accelerated its growth in December, as food prices were the main driver.
Reuters has reported that Rabobank intends to increase farm lending in Canada and reach a total market share of up to 15%.
In the aftermath of strong Christmas sales, the British retailer Tesco has revealed an increase in sales and expects its full year profits to reach near 2.5 GBP billion.
Reuters has reported that one of the top Apple suppliers BOE Technology Group would invest in the construction of two new factories in Vietnam.
The United States Bureau of Labour statistics has just now released the latest Consumer Price Index data. The data reveals how the US inflation has changed during the last month. The release consisted of month-on-month, year-on-year and core month-on-month inflation. All data numbers hit the forecasts.
The World Bank has announced that in 2023 the global economy could enter into a recession, as the organization slashed its growth forecasts.
The cryptocurrency exchange Coinbase Global has announced that it would fire 950 employees, which is about 20% of the company's workforce.
The G7 countries intend to set two price caps on Russian oil products. In February, price limits are planned to be set on products trading at premium and discounts, compared to crude oil.
Amazon has revealed plans to shut down three warehouses in the United Kingdom, which would impact 1,200 jobs. The workers are set to be offered chances to move to other units.
In the fourth quarter of 2022, BMW auto sales have reportedly recovered, as the company had solved supply chain issues.
In December passenger auto sales in China increased by 2.40%, as buyers rushed to take advantage of the soon to be cancelled electric vehicle subsidy.
Semafor has reported that the Microsoft Corporation intends to invest $10 billion in OpenAI, which is the owner of ChatGPT.