For the first time in four months, in July, Japanese households had increased spending, as an increase of 1.5%, compared to June, has been reported.
The United Nations have reported that the global food price index has declined to 140.9, compared to 154.3 in June.
Due to the recent strike, the Scandinavian airline SAS has experienced a 32% decline in passenger volumes in July, compared to June.
Suzuki Motor has revealed that the company has not experienced a slowdown of demand for cars in either the Japanese or the Indian market.
Refinitiv has reported that during the prior week global investment and money market funds had experienced largest financial inflows since November 3 of 2021.
Pfizer has announced that the company would pay $68.50 per share to acquire Global Blood Therapeutics. The company intends to use the cash made from COVID-19 products to invest in other sectors.
Barrick Gold Corporation has revealed that in 2022 the company might produce more gold than previously expected.
This week, Carlsberg announced that the beer producer would increase its 2022 growth expectations, as demand has remained strong and the company has resumed operations in Ukraine.
Despite surging inflation, Pets At Home has reported an increase in quarterly revenue, as consumers have not reduced their spending on their pets.
Crude oil price benchmarks have continued to decline, as prices have reached levels not observed since early February. The ongoing decline has been attributed to a production increase by OPEC+.
Reuters has revealed that Tencent has been seeking to increase its holding stake of the Assassin's Creed series maker Ubisoft.
The New York Attorney General has revealed that Tyson Foods has been ignoring inquiry subpoenas about meat price gouging.
In the second quarter of 2022, the German logistics company Deutsche Post increased its revenue by 23.4% on an annual comparison basis.
Saudi Aramco revealed on Thursday that it would set its price for Arab Light oil to the Asian market at a record high of $9.80 per barrel.
On Thursday, Glencore revealed that the company would buy back stocks for a total value of $3 billion. In addition, the company intends to pay out additional $1.45 billion in a special dividend.
The British multinational communications, advertising, public relations, technology, and commerce holding company WPP has released its second quarter earnings results. The quarterly results missed market expectations During the first two hours of London trading the stock price lost 8.17% or 72.8 GBP.
Despite a broad slowdown in the global economy, Thomson Reuters revealed that it expects its core business to increase the company's sales in 2022.
A Reuters poll of economists has revealed that the consensus for 2023 is that the commodity price is set to average near $1,745.00, as the strong US Dollar would keep commodity prices down.
At the start of the day's trading, the stock price of Ebay dropped by 7.46% or $3.77, compared to the previous day's close. The decline occurred despite the company beating its earnings forecast by 11.41% and revenue expectations by 2.35%.
On Wednesday, Kazakh Energy Minister Bolat Akchulakov revealed that OPEC+ could increase oil production to ease prices into the $60-$80 range.
A UK labor union has announced that hundreds of Amazon UK workers have went on strike due to low pay.
The Bank of England has just now hiked its Official Bank rate by 0.50% from 1.25% up to 1.75%. In addition, the central bank has published its Monetary Policy Summary. The Pound's value immediately adjusted to the news with an immediate spike up above 1.2210 and a follow up decline a minute after the announcement.
US monetary policymaker James Bullard stated on Wednesday that the US Federal Reserve is set to raise rates until US inflation reaches 2.00%.
This week, Reuters announced that its sources in the German government have indicated that it is currently impossible to impose gas consumption restrictions.