Since the start of the war in Ukraine, the German energy bailout and subsidy scheme costs have reached a total of 440 billion Euros or $465 billion.
Citibank intends to decrease its consumer banking business in China by approximately 1,200 local employees.
Due to European Union laws, Microsoft is set to offer its cloud customers to store data on servers located in the EU, starting from January 1.
Boeing, Raytheon, Textron, IM Systems Group and Lockheed Martin have met with Vietnamese officials to discuss the potential sale of various military equipment. Vietnam intends to reduce its dependency on Russian arms imports.
The Chief Executive Officer of Grab has revealed in a memo that the company would implement cost cuts like salary freezes, stopping hiring and decreases of expense and travel budgets.
Citi, BNP, JPMorgan, Barclays and Lloyds Banking Group have invested $24 million in the risk management provider firm Acin to increase their own expertise.
In November, the Chinese retail sales and factory output had slowed down as both missed monthly growth forecasts.
A group of HSBC retail stock holders have been seeking support to have a vote in the bank's annual meeting for the restoration of pre-covid dividends and an asset spinoff.
The United States have charged eight social media influencers with securities fraud. The influencers had organized pump and dump schemes.
The German authorities have approved a 10 billion Euro F-35 fighter jet acquisition from the US defence company Lockheed Martin.
Local authorities have revealed that Tesla intends to expand its Berlin gigafactory, as it plans drilling for additional water sources.
Californian exploration firm KoBold Metals is set to invest $150 million in the development of copper mining in Zambia.
The tech giant Microsoft Corporation has announced that it aims to provide internet access to 100 million people in Africa by 2025.
The creation of the new high tech and US government backed nuclear energy plant in Wyoming has been delayed.
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.