Second quarter US auto sales of General Motors have continued to grow. However, the growth pace has slowed down, as sales increased only 0.6%.
This week, the head of the US Federal Reserve Jerome Powell made a speech on monetary policy. The main message behind the speech was that more data is needed before USD interest rate cuts.
Reuters has reported that NVidia could be charged by French regulators for anti-competitive practices.
The Chinese Electric Vehicle producer BYD has published a 21% quarterly increase of electric vehicle sales.
Reuters has reported that four Japanese insurance firms have planned to sell off around $3.1 billion of shares of the Honda Motor Company.
The Australian and New Zealand Banking Group has been forced by the Banking Code Compliance Committee to repay $2.19 million to representatives of customers that have been impacted by ANZ's practices of charging deceased customers.
This week, Qatar Airways revealed a 39% increase in annual net profits, as the firm has profited $1.67 billion in the financial year that ended on March 31.
The sales of Tesla's China-made EVs have declined in June by 24.2%, compared on an annual basis with June of 2023.
Throughout Wednesday's trading, the US Dollar has been declining due to a string of worse than forecast or at forecast data.
In an effort to save value of its cars, Ferrari has announced two warranty extension schemes that would allow hybrid owners to replace batteries at the eight and sixteenth year of the car's life.
In June, Ryanair has experienced a passenger traffic increase of 11%, which has put the firm's passenger turnover at a record high of 19.3 million.
In May, United States Construction Spending had suddenly declined, as high mortgage rates appear to have decreased family home building.
The Finance Minister of Japan Shunichi Suzuki has stated that authorities were watching the currency markets for sharp moves, as the Yen has continued to decline.
A union of workers of Samsung Electronics has called a strike that is set to last from July 8 up to July 10. The union demands transparent system for pay bonuses and time off.
Head of the Federal Reserve Bank of New York John Williams has commented this week that he is confident that the United States are on the path of returning to 2.00% inflation.
The major US bank Morgan Stanley has increased its NVidia price target from $116.00 up to $144.00 per share.
The stock price of Tesla has extended the Monday's 6.05% surge by jumping at the start of Tuesday's trading. US trading session was started above the $220.00 mark.
In an effort to deal with quality issues, the US jet maker Boeing is set to buy Spirit AeroSystems. Boeing had sold the company 20 years ago and now is buying it back.
The Handelsblatt has reported that the French pharmacy firm Sanofi plans to invest up to 1.5 billion EUR in a production plant near Frankfurt.
Financial Times has reported that the Facebook owner Meta is set to be charged in the EU with breaking EU's digital rules.
This week, crude oil prices surged, as the markets were reported to be expecting higher demand during the upcoming summer months.
The engineer union of the Canadian airline WestJet has announced that it has reached an agreement with the airline and the strike has ended.
Reuters has reported that surveyed market analysts are expecting another quarterly decline in Tesla deliveries.
The United States Institute for Supply Management has published its Purchasing Managers Index survey results. Results are worse than expected, which is causing a decline of the US Dollar.