This week, Volvo Cars announced that the company would invest $1.1 billion in switching a Swedish plant to the production of electric vehicles.
At the start of Tuesday's US trading hours, the stock price of Alibaba jumped by more than 5.00%. The surge occurred before the company was set to announce its quarterly results.
This week, Reuters reported that Chevron had requested the permission of US government to take Venezuelan oil cargo as payment for unpaid debt.
European Union regulators revealed this week that immediate action would be needed to update consumer protection of cross-border financial services due to the recent impact on finance from big tech.
European Central Bank policymaker Martins Kazaks revealed to Reuters this week that an ECB rate hike is unlikely to occur in July.
This week, PriceRunner sued Google for 2.1 billion Euros on allegations of search result manipulation.
Most recently, the Russian Rouble has recovered to a three week high level against the US Dollar. The surge was attributed to the French President Emmanuel Macron visiting Russia.
On Monday, Tyson Foods revealed its quarterly earnings to be at $2.87 per share, compared to the estimate of $1.93. The stock price reacted to the news with a 11.21% surge.
On Monday, Dolce & Gabbana announced that the company would take its perfume and cosmetics business in-house.
DP World reported on Monday that the port giant had observed a 9.4% increase in container volumes in 2021.
On Monday, the US government called for concrete action from China to meet its Phase 1 purchase commitments.
During Monday's Asian trading hours, the value of the US Dollar recovered from recent losses. The recovery was attributed to better than expected US employment data.
This week, Ralph Lauren announced that the company would raise its annual revenue forecast due to a higher than expected demand for luxury goods.
Hershey Company announced this week that it expects its annual profits to be above previous forecasts due to price increases that were caused by high inflation.
This week, Reuters revealed that the European Union would increase regulation of data transfers to non-European Union governments.
On Thursday, at 12:45 GMT, the European Central Bank published its Main Refinancing Rate and Monetary Policy Statement. In general, the bank kept its rate at 0.00%, but revealed that it would end its quantitative easing policy.
On February 3, the Bank of England published its Monetary Policy Summary. The bank hiked its interest rate by 0.25% to 0.50%. In addition, the central bank Monetary Policy Committee voted unanimously to start to reduce its stock of bonds. Namely, the bank is starting quantitative tightening.
American Airlines Group revealed this week that it would buy 23 737 MAX jets from Boeing.
Meta Platforms or Facebook has published the company's earnings, which surprised by being lower than expected. On Thursday, the stock price of the company was set to start the day's trading with a gap down of more than 22.00%.
On Thursday, at 12:45 GMT, the European Central Bank published its Main Refinancing Rate and Monetary Policy Statement. In general, the bank kept its rate at 0.00%, but revealed that it would end its quantitative easing policy in March.
This week, US ADP Non-Farm Employment Change numbers were revealed to be lower than expected. A drop of 301,000 jobs was revealed, compared to a forecast of 207,000.
At 12:00 GMT on Thursday, the Bank of England released its Monetary Policy Summary, Official Bank Rate Votes information, volume of Asset Purchase Facility and the Official Bank Rate. The value of the GBP experienced an immediate spike down, before jumping 0.40%.
As Alphabet published better than forecast earnings results, the company's market capitalization has begun to approach $2 trillion.
On Wednesday, Die Zeit revealed that the Mercedes-Benz CEO had revealed to the paper that scarcity of materials could slow down global transition to electric vehicles.