The retail company has announced that it is decreasing its 2022 sales and profit expectations, as inflation has reduced customer spending.
Markit Purchasing Managers Indices for Euro Zone countries have revealed that business activity in Europe had declined for a second month in a row.
Handelsblatt has revealed that VW intends to acquire stakes in Canadian mining companies to secure its metal supply for car batteries.
Adidas has announced that its current CEO Kasper Rorsted is set to leave his position in 2023, which is before the end of his contract term.
The stock price of Zoom Video Communications started the day with an opening 13.20% below the previous market closing price. Namely, a drop from $97.49 down to $84.62 occurred.
Toyota has revealed that it would use a new strategy in India to sell more hybrid cars. In general, the company intends to change its pricing.
The Governor of the Reserve Bank of India Shaktikanta Das has stated that inflation in India had peaked and should remain moderate.
The US Securities and Exchange Commission is set to fine JPMorgan & Chase and the Bank of America up to $1 billion for using unapproved email services and WhatsApp.
This week, Carrefour announced that the major retailer would freeze prices for 100 of its products. The company stated that it would fight inflation.
The world's second largest cinema operator Cineworld has announced that the company faces a possible bankruptcy due to pandemic debt.
The CEO of Mizuho Securities Yoshiro Hamamoto has revealed to Reuters that the company could expand in the United States by making acquisitions.
The US stock indices were plummeting on Monday to due to a strong Dollar. By 12:00 GMT, major indices had lost more than 1.00%.
As the German economy had stagnated in the second quarter of 2022, the ZEW German investor sentiment index had declined in August to -55.3.
Reuters has revealed that Tencent intends to sell off its $24 billion share of ownership of the food delivery company Meituan.
Mahindra and Volkswagen have announced that VW would supply the Indian company with electric components.
As wholesale gas prices have increased 350% on a year on year basis, natural gas prices for consumers in the European Union are expected to follow.
Reuters has revealed that the Japanese government would develop a new stimulus package, which would be aimed at easing the blow from increasing costs of living.
Regulatory filings have revealed that Prince Alwaleed Bin Talal of Saudi Arabia has made investments of more than $500 million in Russian energy companies.
Global leader in innovative hearing care solutions Sonova Holding has lost 14.00% of its stock value after releasing quarterly financial results. The drops has occurred due to changed market conditions and rising expenses.
High costs of energy commodities, which make up a major part of European imports, have resulted in the Euro Zone experiencing a trade deficit in June.
Leading provider of hydrogen fuel - Plug Power - continues previous week's trend and has gained over 51.00% from recent low levels. According to the latest quarterly report, the sales of the company are up 29.4% and green hydrogen is expected to 'boom' thanks to Inflation Reduction Act.
The Brazilian mining company Vale SA has received a $16.8 million fine for failing to resent information on the condition of a tailings dam.
The jewellery maker Pandora has reported a decline in sales in the United States in the second quarter of 2022. Due to that reason, the stock price of the company plummeted 7.30%.
During Tuesday's trading, European stock indices extended their recent recovery, as the surge entered its sixth consecutive day of trading.