On Monday, the Bank of Russia hiked interest rates up to 20.00%, as the bank tries to combat the currency fallout occurring due to the ongoing conflict in Ukraine.
On Friday, a US judge ruled that Johnson & Johnson could keep its subsidiary in bankruptcy, which would allow the company to avoid 38,000 lawsuits over baby powder and talc products.
The US Federal Reserve announced on Friday that wages could continue to grow unless a lack of workers subsides. A rise of wages would most likely fuel inflation.
On Friday, various automakers revealed that they would shut down or move away their Russian based production.
Catherine Mann, a Policymaker at the Bank of England revealed that she had voted for a 0.50% increase of interest rates due to expectations of inflation to remain high.
The Chief Economist of the European Central Bank stated last week that the conflict in Ukraine might reduce the Euro Zone's GDP by 0.3%-0.4%.
The National Bank of Canada announced that it had beat its quarterly earnings forecasts. The bank's stock surged on the news.
On Friday, European Union officials announced that the union would prepare a third round of economic sanctions on Russia.
U.S. stock indices fell over 1%, led by losses in bank equities. All 11 key sectors of the S&P 500 index fell, with financial stocks (.SPSY) plunging 2.9 percent, while technology (.SPLRCT) and consumer discretionary stocks (.SPLRCD) both losing more than 1%.
Volkswagen AG and its major shareholders announced on Tuesday that they have finished preparing preliminary documents for the planned Porsche's initial public offering with the expected valuation of $50-100B.
Dave Ramsden, the Bank of England Deputy Governor, stated on Tuesday that interest rates should be increased again to 0.75% due to increased uncertainties caused by the pandemic and armed conflict in Eastern Europe.
In January, new electric vehicle sales in China plummeted by 18.6%, as the government cut subsidies to electric vehicles.
Last week, the government of Singapore announced that it intends to increase sales taxes starting from the next year.
The US Trade Representative's office has announced that it would put e-commerce sites of Tencent and Alibaba on US list of "notorious markets."
The Bank of America has revealed that US Treasuries have experienced largest inflows in a period of two years, as risks of a recession increase.
The European Central Bank's policymaker Peter Kazimir has revealed that in his opinion the ECB should end its bond-buying program by the end of July.
Airbus announced this week that the company would restart paying dividends, as the company had experienced a sharp increase in profits.
This week, it was revealed that the US government was investigating nearly 415,000 Tesla vehicles due to reports of unexpected breaking.
Nestle announced this week that the company's profit margins would not be impacted by production cost inflation.
Manager Magazine reported on Thursday that Volkswagen was in talks with Huawei about an acquisition of its autonomous driving division. The deal could be valued in billions of Euros.
This week, the World Bank announced that private debt in developing countries creates risk, as more than 40% of firms have shown concerns over payments.
This week, Canadian Consumer Price Index data revealed that in January annual inflation in Canada hit a new high level at 5.1%, which was the highest level since September 1991.
Google revealed this week that the company would continue to use its Android advertisement tracking software AdId at least into 2024, despite Apple applying restrictions to a similar product.
This week Jaguar Land Rover and NVidia announced that they would collaborate and develop new computer systems for Jaguar and Land Rover cars.