News

Note: This section contains information in English only.
Wed, 20 Jul 2022 10:30:06 GMT

Volvo posts high profits

AB Volvo revealed on Tuesday that the company had made higher than forecast profits, as demand for the company's trucks increased.

Wed, 20 Jul 2022 08:30:05 GMT

Assa Abloy beats expectations

The world's largest lock maker Assa Abloy has reported that it had beat its second quarter earnings expectations, as sales had grown in the US and Europe.

Wed, 20 Jul 2022 06:30:08 GMT

Swedbank profit is below forecast

This week, Swedbank revealed that the company's profits have been below expectations for the second quarter of 2022, as high costs offset rising income.

Tue, 19 Jul 2022 14:30:06 GMT

Dutch Central Bank fines Binance

Binance has been received a 3.30 million Euro fine from the Dutch central bank due to the exchange offering services while not being registered in the country.

Tue, 19 Jul 2022 12:30:06 GMT

SAS negotiates with pilots

As the SAS pilot strike entered its third week, the company started negotiations with the pilot union. The even caused a 18% recovery of the airline's stock price.

Tue, 19 Jul 2022 12:22:37 GMT

Euro rallies due to news

The Euro has been rallying throughout the day due to a news piece by Reuters, which revealed that the European Central Bank policymakers were considering a 0.50% base interest rate hike.

Tue, 19 Jul 2022 10:30:06 GMT

Deliveroo decreases forecasts

Deliveroo has announced that the company expects lower 2022 earnings, as consumers in the United Kingdom have been cutting their expenses.

Tue, 19 Jul 2022 08:30:06 GMT

Nordea reveals high profit

This week, the Finnish banking group Nordea revealed higher than expected profits, despite the ongoing global economic decline.

Tue, 19 Jul 2022 07:52:28 GMT

EDF is bought out

On Tuesday, July 19, the stock price of EDF jumped by 15.00% at the start of the day's European trading. The surge was caused by news that the French government would buy out the debt ridden company for a total of 9.7 billions Euro.

Tue, 19 Jul 2022 06:30:06 GMT

China supports real estate developers

Chinese authorities have reportedly increased their efforts to encourage lenders to extend their loans to real estate firms, as a wide mortgage payment boycott has been ongoing in the country.

Mon, 18 Jul 2022 14:30:06 GMT

Food prices decline in June

The United Nations have revealed information that on a global scale in June food prices had declined due to an increase in output.

Mon, 18 Jul 2022 10:30:06 GMT

BMW sales decline

The German automaker BMW car sales have declined by 13% in the first half of 2022.

Mon, 18 Jul 2022 06:30:07 GMT

ECB stress test flags funds

A recent ECB climate stress test has revealed that a $71 billion risk to euro zone banks exists due to jump in commodity prices and ongoing global droughts and floods.

Fri, 15 Jul 2022 14:30:06 GMT

Volkswagen invests in car batteries

Volkswagen and a group of partners are set to invest 20 billion Euros in a new battery cell venture, which would target 20 billion annual sales by 2030.

Fri, 15 Jul 2022 10:30:05 GMT

Markets move into cash and bonds

EPFR has revealed that additional $62.6 billion have been moved into cash and $2.4 billion bonds have been bought up by the financial market participants in the first week of July.

Fri, 15 Jul 2022 06:30:07 GMT

Investors await earnings

During this week, market sentiment indices revealed that investor pessimism in regards to quarterly earnings were at historical high levels.

Thu, 14 Jul 2022 14:30:07 GMT

US Treasury comments on digital assets

The United States Treasury has issued a call for inter-agency solution to the regulation of digital assets and revealed that it had developed a framework that would address risks and capture benefits of the asset class.

Thu, 14 Jul 2022 10:30:08 GMT

Samsung negotiates with Tesla

Samsung Electro-Mechanics has revealed that the company would negotiate with Tesla about possibly supplying camera modules.

Thu, 14 Jul 2022 06:30:09 GMT

China tightens credit card rules

Chinese authorities have revealed new and stricter rules that would regulate the country's $1.3 trillion credit card sector.

Wed, 13 Jul 2022 12:30:07 GMT

Celsius Network is sued by client

The crypto lender Celsius Network has been sued by a former client. The firm is being accused for rigging prices and failing to hedge risks, which resulted in a freeze of client funds.

Wed, 13 Jul 2022 10:30:07 GMT

NAB fails to report transactions

The Reserve Bank of New Zealand has revealed that the National Australia Bank's New Zealand unit has failed to report nearly 50,000 transactions, as set by AML and counter-terrorism laws.

Wed, 13 Jul 2022 06:30:09 GMT

BoJ raises inflation forecast

The Bank of Japan has announced that it expects inflation in Japan to eventually slightly top the 2.00% mark.

Tue, 12 Jul 2022 14:30:06 GMT

Boeing comments on 737 MAX 10

The CEO of Boeing has revealed to Aviation Week that due to issues with regulation the company might cancel the 737 MAX 10 airplane.

Tue, 12 Jul 2022 10:30:08 GMT

Irish regulator addresses Facebook's data

The Irish data privacy authorities have commented that they have moved closer to legislation, which would ban Meta from transferring Facebook data between EU-US servers.

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