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.
The Chinese government has released third quarter Gross Domestic Product data, which beat market expectations. Growth was revealed to be at 3.9% instead of market expected 3.4%.
The major bank has revealed that it expects the oil markets to experience increased volatility. In addition, the price forecasts for Brent crude oil for 2023 have been decreased.
Reuters has published a report, which indicates that by 2030 the total spending on electric vehicles by automakers could double and reach $1.2 trillion.
The Chinese government has released third quarter Gross Domestic Product data, which beat market expectations. Growth was revealed to be at 3.9% instead of market expected 3.4%. However, unclear delays in the publication were probably the cause of a Chinese stock market sell off. By 08:00 GMT on Monday, the China top 50 stock index had plummeted by 5.19% or
Renault has revealed that the company's quarterly sales have increased to 9.8 billion Euros, as increasing prices have offset decline in number of units sold.
The Chinese Yuan has decreased to its lowest levels since the 2008 financial crisis. The currency has continued to decline despite support from the state.
Toyota has announced that the company expects to once again decrease its 2022 output forecasts due to a shortage of semiconductors.
American Airlines have announced that due to an increase in demand, the airline expects strong fourth quarter results. The company expects earnings per share between 50 and 70 cents. Meanwhile, analysts forecasts earnings per share at 22 cents.
The stock price of Snap plummeted at the start of the day's trading, as the company reported that it expects zero revenue growth in the current quarter. The news impacted all social media stock prices, as YouTube owner Alphabet, Meta Platforms and Twitter stocks declined from 1.70% up to 9.20%.
Dow Inc has revealed that due to rising energy prices and declining demand for chemicals, the company's net income had decreased by 56%.
The US wireless carrier has announced that it would increase its 2022 profit forecasts, as Americans have been observed to be upgrading to 5G plans.
The money markets indicate that on October 26 the Bank of Canada would hike its base interest rates by additional 0.75%.
Mercedes-Benz has signed a 1.50 billion Euro deal with Rock Tech Lithium for the supply of 10,000 tons of lithium per year.
In September, US home builder sentiment index continued to decline, as it dropped additional eight points.
The ratings agency Fitch has announced that it expects the strong labour market and consumer demand to reduce the impact of an economic recession in the United States.
AB Volvo has revealed that despite higher earnings in the third quarter of 2022, the company is experiencing a rise in material costs and disruptions of supply. The announcement caused a 6.10% or 10.78 SEK decline of the company's share price.
The Bank of America global fund manager survey has revealed that investors expect the world's central banks to capitulate on their monetary tightening and inflation decrease policies.
The US Dollar has reached above a new benchmark level against the Japanese Yen. During the day's morning hours, the rate shortly traded above the 150.00 level. The event marks a new level for the ongoing depreciation of the Yen.