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.
In the third quarter of 2022, TotalEnergies gained a profit of $9.86 billion, compared to $4.77 billion in the third quarter of 2021.
Reuters has reported that Europe's banks had been beating their profit expectations due to volatile markets and high interest rates.
The US quarterly Advance Gross Domestic Product data has been published. The US economy has grown 2.6% instead of the market expected 2.3% growth. Moreover, the previous -0.9% decline has been revised up to -0.6%.
Due to a surge in demand for travel and hotels, Hilton has increased the company's annual profit forecasts.
The European Central Bank just hiked its base interest rate by 0.75% up from 1.25% to 2.00%. The markets expected the 0.75% hike and it was assumed to be priced in. However, on the announcement the Euro declined in value, which was attributed to the fact that some market participants expected a 1.00% rate increase.
The commodities trader Bunge has announced that the company would increase its 2022 full-year earnings forecast. The news caused a surge of the company's stock price.
Despite a decline in dealmaking, the quarterly profits of Deutsche Bank have increased. Net profit was 1.1150 billion, compared to a market estimate of 0.8350.
The Finance Minister of the United Kingdom Jeremy Hunt has stated that the new UK fiscal statement would be revealed on November 17.
The world's second largest beer brewer has revealed that in the third quarter of 2022 beer volumes increased by 8.9% instead of the expected 12.0%.
At 14:00 GMT, the Bank of Canada announced its latest Overnight Rate hike. The central bank increased its base interest rate by 0.50% instead of the market expected 0.75%.
Due to a surge in luxury car sales and cost reductions, Mercedes-Benz has raised its 2022 profit forecast. The carmaker expects earnings to increase at least 15%.
The Qatar's State Minister for Energy Saad Sherida al-Kaabi has stated that the global gas and oil trade should be left out of politics.
On Wednesday morning, the US Dollar index continued its decline, as a loss of 0.62% occurred against peer currencies and the 110.00 mark was reached. Namely, the Dollar reached a level not seen since September 21.
Clients of Deutsche Bank's asset manager DWS are suing the bank's unit for misrepresentation of a funds environment friendly credentials.
As analysts warn of an incoming price war, Tesla has decreased its electric vehicle prices in China by up to 9.00%.
In September, China has increased its diesel fuel exports by more than 100%, compared on an annual basis. In the meantime, it has been reported that Russian oil exports to China year-on-year had increase by 22%.
Despite weak third quarter results, Hyundai has increased the company's annual revenue expectations up to the 19%-20% range.