The UN food agency has revealed that due to an annual increase of 14.3% food prices in 2022 hit a high level not seen since 1990.
Samsung has revealed its quarterly results, which have revealed that the company's profits have reached an 8-year low level. The decline in profits has been attributed to a slump in demand.
A poll of Reuters economists has resulted in expectations that inflation in Tokyo is set to reach a new 40-year high level, as core inflation is expected to reach 3.8%.
Reuters has revealed that in 2022 UK equity funds had experienced an outflow of 8.38 billion GBP or $10 billion.
Nikkei has reported that the computer hardware producer Dell intends to phase out Chinese made chips by 2024.
The Eurostat CPI Flash Estimate Consumer Price Index has been revealed to be 9.20% year-on-year, compared to the forecast of 9.60%.
The stock price of Guardant Health has suffered a decline of nearly 40.00% due to the revelation in mid-December that the company's latest cancer treatment test showed disappointing results.
The Chief Executive Officer of Amazon Andy Jassy has revealed that the total layoffs at the company are set to reach above 18,000, which is 6.00% of the total workforce of the firm.
The top Apple supplier Foxconn has revealed that on a year-on-year basis its revenue had declined in December by 12.00%
The US Department of Justice has seized $465 million Robinhood shares that have been linked to Sam Bankman-Fried.
The US airline Southwest Airlines is being sued by its customers for failing to provide refunds to stranded passengers during an operation melt down of the airline during the holiday season.
Due to a slowdown in could service and Office suit growth, UBS has announced a downgrade of the Microsoft Corporation stock. The news caused a 5.40% sell off of the stock.
The US automaker General Motors has increased its sales in 2022 by 2.5%, by which the company has outsold the Toyota Motor Corporation.
The conglomerate Amazon has revealed that the company has secured a $8 billion loan with a maturity in 364 days.
Salesforce has announced that it would reduce its total workforce by up to 10.00% and close a part of its offices. The company has stated that it had over-hired during the pandemic.
The South Korean authorities have fined Tesla for the exaggeration of the driving range of the company's produced vehicles.
The Chairman of Evergrande Group Hui Ka Yan has stated in a letter to employees that 2023 is set to be a crucial year for the group to fulfil its deliveries to clients and debt repayment.
Reuters has reported that Tesla has made Tom Zhu the highest ranking executive after Elon Musk. Tom Zhu is set to directly manage plants and sales in Europe and North America.
The German Labour Office has revealed that unemployment declined in Germany in December by 13,000.
The electric vehicle maker Tesla has announced its quarterly results. The company has missed vehicle production target, which has caused a stock sell off. At the start of the day's trading, the company's stock price plummeted more than 6.00%.
The President of the European Central Bank Christine Lagarde has stated to a Croatian news outlet that the ECB should slow down a substantial rise in wage growth.
The Managing Director of IMF Kristalina Georgieva has stated that 2023 is expected to be a tough year, as the global economy continues to weaken.
Global SWF have revealed that global sovereign wealth funds have suffered losses of $0.9 trillion and public pension funds have decline in value by $1.3 trillion.
The China Index Academy survey has revealed that home prices in China continued to decline in December, which marks a sixth consecutive month of price decreases.