Chinese police have arrested a number of Evergrande wealth managers in the south of the country, indicating a new upcoming investigation.
The workers unions of Stellantis have called for a one day strike in Italy due to the lack of information about future production.
The US Detroit automaker worker strike has continued into a fourth day, impacting top three United States automaker stock values.
The Chinese government has announced sanctions against US arms manufacturers for sale of weapons to Taiwan. Lockheed Martin and Northrop Grumman are set to be sanctioned. However, there is no clear announcement how the firms might be impacted due to them not selling to China
The Russian Central Bank has increased its base interest rate up to 13%. The central bank has been attempting to prop up the declining Rouble.
The US monthly release of Consumer Price Index has revealed that inflation in the US has inched up to 3.7% instead of the expected 3.6%. However, this is another increas,e compared to 3.3% in August and 3.1% in July.
The European Union has started to investigate the imports of Chinese electric vehicles for the possible need of implementation of tariffs.
The release of the new iPhone 15 has received a mixed reaction across the world, as even Chinese consumers prefer Huawei.
The Financial Times has reported that Goldman Sachs intends to fire employees that the bank considers underperformers.
The Governor of Bank of Canada Tiff Macklem has stated that interest rates might not be high enough to decrease inflation. The central bank has recently kept its base rate at 5.00%.
The Citizen Lab group has recently revealed that they have found Israeli firm's NSO spyware on Apple devices.
Walmart stores have announced that the company would adjust its entry-level employee pay structure. In general, entry level workers are set to have their wages reduced.
Starting from Friday, Australian liquefied natural gas project employees of Chevron went on strike, as talks broke down. The strike affects 5% of global supply.
The Chinese government has increased its curbs on use of IPhone by government employees. Namely, employees have been forbidden to use phones at work.
The carmaker Stellantis has announced that the company expects internal combustion engine vehicles to remain in use until at least 2050.
This week, the US weekly jobless claims had reached a low level not seen since February. Moreover, it has been announced that productivity had reached a high level not seen for years.
The Tesla factory in Shanghai has hit a new record, as it has produced a total of 2 million cars.
This week, crude oil prices surged due to the output cuts done by Saudi Arabia and Russia. The surge resulted in oil price benchmarks reaching high levels not seen since November.
Alphabet's Google has reached a tentative settlement in the US lawsuit, which claimed that the US Play Store violated US antitrust legislation.
The Taiwan Semiconductor Manufacturing Company has revealed that it would decide this week whether to invest in the chip designers Arm Holdings initial public offering.
United States auto safety regulators have ordered a recall of 52 million ARC Automotive and Delphi Automotive air bag inflators. The recall has been made due to possible ruptures that can send metal fragments flying.
A teardown of the Huawei Mate 60 Pro phone done by TechInsights has revealed that the Chinese chipmaker SMIC has created a new advanced processor.
The Institute for Supply Management has just released the United States Services sector Purchasing Managers Index survey results. The market consensus forecast was an index of 52.5 that would show an expansion of the sector. The actual survey result has been revealed to be 54.5. The news caused a surge of the US Dollar due to being better than expected.
Moody's rating agency has revealed information that US banks are holding nearly $3.3 trillion in cash reserves for a potential slowdown of the global economy.