The DIW research institute has revealed that Germany is dependent on a total of 30 raw materials. 14 of the 30 materials are 100% imported.
Labour unions have forced the US rail operator CSX to review its employee attendance policy. The company had penalized its employees for short-term medical absences.
An unnamed Reuters source has revealed to the news agency that the European Central Bank expects inflation to remain above its target of 2.00% throughout 2025.
Reuters has revealed a report that, unless Mexico improves its energy sector, the country is set to fail to take advantage of the new $52.7 billion US Chips Act. The US subsidy is aimed at improving semiconductor production in whole of North America.
HSBC has announced that the bank would request client information about plans for carbon emission reduction and stop funding new gas and oil fields.
Reuters has revealed that Goldman Sachs intends to stop giving out unsecured consumer loans, as the bank steps away from its retail business.
The US airline United Airlines has ordered 100 Boeing 787 Dreamliner airplanes, as the carrier intends to grow and replace older and less efficient aircraft.
The parent company of Chrysler is set to suffer losses due to a recent recall of 1.4 million pickup trucks that was done due to a tailgate issue.
The US bank Morgan Stanley has recommended investors to hedge investments into the potential reopening of the Chinese economy, as rising COVID cases have reportedly hampered economic activity.
Stock exchange filings have revealed that the Warren Buffet's fund Berkshire Hathaway has sold 1.33 million of BYD shares for a total value of $34.43 million.
The Bank of England has issued a warning that inflation and borrowing cots are set to create significant pressure on businesses and households.
The Chinese government intends to invest more than $143 billion subsidy of its semiconductor industry in an effort to counter the recent US export bans.
The United States have revealed that the government had consulted with its allies in regards to the tightening of chip exports to China.
Chinese companies have increased measure to reduce the impact of the coronavirus on operations, as infection rates have surged in the aftermath of the cancellation of the government zero-tolerance policy.
The total investment of Apple in Japan has reached above the $100 billion mark, over the span of the last five years.
Despite the ongoing war, Nestle has decided to invest 40 million CHF in the opening of a new factory in Ukraine.
Reuters has revealed that over the past decade various Asian car battery makers have invested in production in Hungary, which would serve German carmakers.
The United States Securities and Exchange Commission has decided to propose big changes to the US equity market structure. The reform has been reported to be the largest in two decades.
In November, United States import prices decline by 0.6%. However, prices have remained up 2.7% compared on an annual basis.
Subaru has announced a recall of 271,000 vehicles. The 2019-2021 Ascent sport utility vehicle model has been reported to have high fire risk.
US Senator Marc Rubio has announced new legislation proposal that would ban the Chinese social media app TikTok due to concerns over censorship and espionage.
Bloomberg has reported that the US administration intends to add more than 35 companies to a trade block that would ban them from acquiring US components.
The European Central Bank has just now hiked its Main Refinancing Rate and has published its Monetary Policy Statement. The base interest rate has been hiked from 2.00% up to 2.50%.
US legislators have introduced a new law, which forbids the Chinese company Huawei from accessing US banking services.