The CEO of Lamborghini Stephan Winkelmann revealed in an interview on Wednesday that the company plans to add two hybrid cars to its range by 2030.
On Wednesday, Amazon announced that the company sees itself being unfairly targeted by a new US antitrust law.
This week, it was revealed that corporate capital expenditure in Japan increased by 3% in the first quarter of 2022.
German PMI survey results revealed this week that German factories had hired additional staff and even increased output.
On Wednesday, Gazprom announced that it would cut its gas supply to Shell Energy and Orsted.
The crypto investing unit of Fidelity capital revealed this week that the company would hire additional 210 employees.
On Wednesday, navigation company TomTom revealed that it would start reducing its employment base due to mapmaking automation.
Norwegian Air announced this week that the company would order 50 new Boeing 737 Max aircraft.
Reuters revealed on Monday that Tesla had restored 70% of its pre-lockdown Shanghai production.
In May, inflation in Germany reached a new record high. Monthly inflation increased from 7.8% to 8.7%. The data indicated that the ECB would have to hike interest rates.
Despite the US market closure for Memorial Day, global stock indices and futures continued to surge higher, extending previous week's gains.
This week, crude oil price futures for July reached above $120 per barrel, as the markets looked forward to the EU meeting on Russian oil.
On Friday, energy consumption data revealed that, as minor changes to the Shanghai lockdown had taken place, energy consumption had been climbing in May. The data signals an economic recovery.
Alibaba has announced that the company would not provide forecasts for the 2020 fiscal year, as risks have made it impossible to predict operational results.
On Friday, Californian Chevron refinery workers union signed a pact, which ended an ongoing nine-week strike.
Twitter investors have combined their forces and sued Elon Musk over Twitter stock price manipulation.
The President of the African Development Bank Group announced this week that the African economy is at risk of entering into stagflation.
British competition regulators revealed this week that they had started another investigation into Google advertising practices.
On Thursday, Reuters published a compilation of reports from various firms, which revealed that due to the lockdowns in China global economic recovery is set to slow down.
Due to the ongoing lockdown in Shanghai, Toyota announced that the company would cut its June production plan by 50,000 vehicles.
This week, Twitter agreed to pay a fine of $150 million to settle with the United States government over security and privacy violations.
Bloomberg News revealed this week that Apple intends to keep its iPhone production unchanged at 220 million units during 2022.
At 12:30 GMT, the US Preliminary quarterly GDP was revealed to have declined by 1.5% instead of the market consensus forecast decline of 1.3%.
On Wednesday, the central bank of South Africa announced that the bank expects a rise in inflation due to high food and energy prices.