Tesla revealed on Monday that due to the coronavirus the company would stop production in its Shanghai factory.
This week, Hyundai Heavy Industries announced that it had appealed the European Commission's decision to block its takeover of Daewoo Shipbuilding & Marine Engineering.
On Monday, the Prime Minister of Japan Fumio Kishida ordered the government to compile emergency measures that would battle inflation.
At the start of Tuesday's UK trading hours, the stock price for Barclays plummeted almost 5.69% or 9.14 GBP. The move was caused by an anonymous investor dumping a total of 3.00% of the company's whole stock.
This week, Huawei Technologies announced that the company's profit had increased by 76% in 2021. However, the profit occurred due to the sales of assets.
The President of the New York Federal Reserve John Williams revealed last week that the US Federal Reserve could increase interest rates higher than expected in an effort to stop inflation.
The European Union has moved forward with the Digital Markets Act, which is set to regulate tech giants and set a standard for the rest of the world.
The European Central Bank has announced that EU legislators should not give EU banks exceptions to global rules that are designed to avoid a recession. Namely, there should be no deviations from Basel III rules.
On Monday, the Japanese Yen plummeted on all charts, as the Bank of Japan announced that it would buy an unlimited amount of ten year Japanese Government bonds in an effort to keep the yields of the bonds down. On the news, the USD/JPY hit a new high level.
Data published on Friday revealed that UK retail sales had declined by 0.3% month on month. In addition, consumer sentiment had been declining in the country.
On Friday, the Swiss government joined additional EU sanctions against the Russian Federation over its invasion of Ukraine.
On Friday, the United States and the European Union concluded a Liquefied Natural Gas purchase deal. Namely, the EU would purchase US gas instead of supplies from Russia. The news caused a surge of the stock prices of US gas extraction companies.
Reuters revealed this week that OPEC officials had contacted the EU to express that the ban of Russian oil exports would hurt the consumers.
This week, the European Central Bank revealed that it would decrease banking sector's access to loans by removing some collateral rules.
On Thursday, JD Logistics announced that the company seeks to raise $1.1 billion by issuing new shares.
Markit European Purchasing Managers Indices that were published this week have revealed that Euro Zone countries evaluate the business environment higher than previously expected.
This week, Airbus announced that the company expects India to order new 2,210 airplanes over the span of the next 20 years.
Amazon revealed this week that the company would invest in a new logistics base in Turkey via an investment of more than $100 million.
On Wednesday, the European Commission revealed that it would ease rules and allow compensations of up to 400,000 EUR to EU companies hurt by sanctions on Russia.
On March 24, the Swiss National Bank issued its Monetary Policy Assessment. Monetary easing is set to continue, as the bank's rate remains at -0.75%. Moreover, the bank has clearly stated that it is going to get involved in the Forex markets and will push the Swiss Franc down.
On Thursday, the Canadian government revealed a new plan to increase oil exports in a way that would not hurt the climate.
As the supply of fertilizers from Russia and Belarus was sanctioned, during this week other fertilizer company stocks surged in value.
This week, Tencent posted its slowest sales growth since 2004, as revenues increased by only 8.00%.
Tesla revealed this week that the company had produced its first vehicles in the German gigafactory.