Volvo Cars has revealed that due to demand for electric vehicles the company increased its sales in October by 7%.
The shipping line Maersk has revealed that it expects the demand in 2022 for container shipping to decline, as a recession approaches.
Walmart, CVS and Walgreens have agreed to pay $13.8 billion to settle thousands of lawsuits, which accuse the companies of mishandling opioid painkillers.
Ferrari has announced that after a strong third quarter of 2022, the company would increase its 2022 yearly profit forecast.
S&P Global Ratings has downgraded the long-term credit of Credit Suisse Group to one level above junk bonds.
All of financial markets are reacting to the just announced US Federal Reserve Federal Funds Rate. The markets expected the US Fed to hike the rate by 0.75%, which would bring it from 3.25% up to 4.00%. The expectations came true and volatility increased.
PetroChina executives have revealed that they expect demand for gas and fuel to rise in the third quarter of 2022, compared to 2021.
In October, investors bought equities at volumes that had not been observed since March 2022.
The $1.15 trillion Norwegian wealth fund has announced that in the third quarter of 2022 the fund had suffered a loss of $43.47 billion.
The President of Germany Frank-Walter Steinmeier has stated that the Russian invasion of Ukraine has shattered the Gorbachev's idea of a common European home.
As the company released its quarterly results, Volkswagen revealed that it expects supply issues to remain intact and earnings to stagnate below pre-coronavirus levels.
The Chinese firm CanSino Biologics has revealed to the world an inhalable COVID-19 vaccine. Other vaccines are administered via an injection.
The European Central Bank has announced that it would continue to tighten monetary policy during the upcoming months.
The German economy has managed to grow 0.3% in the third quarter of 2022, compared to the market expected 0.2% decline.
In the third quarter of 2022, the French Gross Domestic Product increased by 0.2%. Meanwhile, inflation continue to rise in October.
The commodity trader Glencore has revealed that the company expects to reach record profits for the year of 2022 despite a decline in earnings in the second half of the year.
The largest Indian carmaker Maruti Suzuki has announced that the company has quadrupled its second quarter profit due to record sales and easing commodity prices.
Elon Musk has announced that the bird is freed, as he took Twitter private in a $44 billion deal. The new owner of the company has already fired the CEO, CFO and policy chief.
In the aftermath of scandals and losses, the Swiss bank Credit Suisse has announced that it would raise 4 billion Swiss francs by selling the company's stock.
The US Core PCE Price Index has been revealed to have increased by 0.5%, which was expected by the markets. As the news came out, the Dollar index plummeted 0.20% causing a surge of stock indices and commodity prices.
Shell has posted a quarterly profit of $9.45 billion, which was lower than the previous quarter's record high due to weaker gas trading and refining.
As the Twitter takeover by Elon Musk approaches, the company's stock is set to be suspended from the New York Stock Exchange on Friday, October 28.
Despite the massive depreciation of the Japanese Yen and currency interventions done by the Bank of Japan, the central bank has recently announced that it would stick to its monetary easing policy. The central bank has kept its short term interest rate target at -0.1% and pledged to keep the 10-year bond yield near 0.0%.
Samsung Electronics has revealed that the company expects to increase its memory chip supplies despite competitors expecting a decline in demand.