A United States federal judge has ruled that JetBlue Airways cannot acquire Spirit Airlines, as the deal would harm to consumers.
The Chief Executive Officer of Saudi Aramco Amin Nasser revealed to Reuters that he expects the market to be impacted by tanker shortage and increasing demand.
In the aftermath of a price cut in China, Tesla has announced price reductions for its vehicles in Germany. The company recently lost its top electric vehicle sales spot to Volkswagen.
In an interview to Bloomberg the President of the European Central Bank Christine Lagarde has stated that the ECB would get inflation back to 2%.
In 2023, Renault sales have managed to return to growth. The company has ended the year with a 9% gain in global sales.
It has been revealed that Google would fire hundreds of advertising sales team employees, as job cuts in the company continue into 2024.
Despite government stimulus, the Chinese real estate market has ended the year with a decline, as property investment has dropped by 9.6% during 2023.
The two major shipping companies Hapag-Lloyd and Maersk have signed a long term-collaboration agreement that would result in 90% schedule reliability of their combined shipping network.
Asian stock indices have experienced a decline due to lower than expected Chinese GDP release.
The monthly US Retail Sales data has been published. Markets expected Retail Sales to have increased by 0.4%. The actual released number revealed an increase of 0.6%.
The Chinese economy has been announced to have grown 5.2% in the last quarter of 2023, compared to Q4 of 2022. Despite the high number, the GDP has increased less than expected by analysts.
Recent renewal of AI optimism has boosted stock prices of AMD and NVidia, as analysts have increased price targets.
The United Kingdom inflation has been revealed to be at 4.0%. Market consensus forecast was 3.8%.
In the fourth quarter of 2023, Taiwan Semiconductor profits have decline by 23%. However, the company expects demand to return in 2024.
The Swiss banking group UBS has increased its 2024 target for the S&P 500 stock index up to 5,150.00.
Vodafone has revealed that it has signed a $1.5 billion deal with Microsoft. The telecommunications company is buying AI and cloud services.
The Dutch oil company has announced that after a century of operations it would leave the Nigerian shore region
The Chief Financial Officer of BMW has revealed that sales growth is mainly gained by electric vehicle sales.
The French tech company Atos has named a new CEO and announced that it would miss its second quarter targets. The company's share price plummeted 16% on the news announcement.
Apple has announced a new phone discount program in China, as it is set to cut some prices by as much as $70. The measures are implemented due to major competition from local brands.
The airplane maker Airbus has reported an annual increase of deliveries of 11%. The company has reached a record year in delivers in 2023.
Reuters has revealed that European Union authorities are set to investigate SAIC, Geely and BYD electric vehicles for potential punitive tariffs.
In December, exports from China continued to increase, as deflation remained persistent in the country.
Due to shipping disruptions in the Red Sea, Tesla has announced that it would stop most of its output for two week in the company's Berlin factory. The stock price of Tesla reacted to the news by dropping below $220.00.