News

Mon, 22 Aug 2022 12:30:06 GMT

Mizuho Securities expands in US

The CEO of Mizuho Securities Yoshiro Hamamoto has revealed to Reuters that the company could expand in the United States by making acquisitions.

Mon, 22 Aug 2022 11:55:22 GMT

US stocks plummet prior to opening

The US stock indices were plummeting on Monday to due to a strong Dollar. By 12:00 GMT, major indices had lost more than 1.00%.

Mon, 22 Aug 2022 06:30:07 GMT

German investor morale declines

As the German economy had stagnated in the second quarter of 2022, the ZEW German investor sentiment index had declined in August to -55.3.

Fri, 19 Aug 2022 12:30:07 GMT

Tencent divests Meituan stake

Reuters has revealed that Tencent intends to sell off its $24 billion share of ownership of the food delivery company Meituan.

Fri, 19 Aug 2022 09:30:07 GMT

Volkswagen and Mahindra increase cooperation

Mahindra and Volkswagen have announced that VW would supply the Indian company with electric components.

Fri, 19 Aug 2022 06:30:06 GMT

Europe faces larger energy bills

As wholesale gas prices have increased 350% on a year on year basis, natural gas prices for consumers in the European Union are expected to follow.

Thu, 18 Aug 2022 14:00:07 GMT

Japan fights inflation

Reuters has revealed that the Japanese government would develop a new stimulus package, which would be aimed at easing the blow from increasing costs of living.

Thu, 18 Aug 2022 12:30:07 GMT

Saudi Prince invests in Russia

Regulatory filings have revealed that Prince Alwaleed Bin Talal of Saudi Arabia has made investments of more than $500 million in Russian energy companies.

Wed, 17 Aug 2022 13:30:06 GMT

Sonova Holding is dropping over 14%

Global leader in innovative hearing care solutions Sonova Holding has lost 14.00% of its stock value after releasing quarterly financial results. The drops has occurred due to changed market conditions and rising expenses.

Wed, 17 Aug 2022 09:30:06 GMT

Euro Zone sinks into trade deficit

High costs of energy commodities, which make up a major part of European imports, have resulted in the Euro Zone experiencing a trade deficit in June.

Wed, 17 Aug 2022 09:01:52 GMT

Plug Power continues growing

Leading provider of hydrogen fuel - Plug Power - continues previous week's trend and has gained over 51.00% from recent low levels. According to the latest quarterly report, the sales of the company are up 29.4% and green hydrogen is expected to 'boom' thanks to Inflation Reduction Act.

Tue, 16 Aug 2022 14:20:05 GMT

Vale receives major fine

The Brazilian mining company Vale SA has received a $16.8 million fine for failing to resent information on the condition of a tailings dam.

Tue, 16 Aug 2022 13:30:06 GMT

Pandora shares plummet

The jewellery maker Pandora has reported a decline in sales in the United States in the second quarter of 2022. Due to that reason, the stock price of the company plummeted 7.30%.

Tue, 16 Aug 2022 10:30:06 GMT

European stocks extend rally

During Tuesday's trading, European stock indices extended their recent recovery, as the surge entered its sixth consecutive day of trading.

Tue, 16 Aug 2022 06:30:07 GMT

China cuts interest rates

On Monday, the People's Bank of China unexpectedly cut its base interest rate, which is contrary to the US efforts at tightening the global economic policy.

Mon, 15 Aug 2022 14:30:06 GMT

China increases fuel exports

Reuters revealed on Monday that China is set to increase its fuel exports in August. However, export numbers are set to remain near low levels not seen since 2015.

Mon, 15 Aug 2022 14:02:49 GMT

Bayer launches new hub

The agricultural chemical and seed maker Bayer AG has launched a new platform aimed at connecting US food and fuel makers and farmers.

Mon, 15 Aug 2022 12:30:06 GMT

China increases coal production

Daily coal production in China had increased by 16% on a year on year basis, as demand peaked in July.

Mon, 15 Aug 2022 10:30:08 GMT

Malaysia Airlines buys new planes

The airline has announced that it had made an initial deal with Airbus about a purchase of 20 Airbus A330neo jets.

Mon, 15 Aug 2022 08:21:44 GMT

Markets start week with decline

Global stock markets started the week's trading with a decline, as various indices lost from 0.35% up to 0.55%.

Fri, 12 Aug 2022 13:30:06 GMT

Wizz Air resumes flights to Russia

Wizz Air has announced that the airline would resume its flights from United Arab Emirates to Russia starting from October.

Fri, 12 Aug 2022 09:30:07 GMT

Inflation in Mexico reaches record high

July inflation in Mexico has been revealed to have hit the highest level observed since 2000.

Fri, 12 Aug 2022 06:30:05 GMT

Qualcomm and GlobalFoundries double production

A union of GlobalFoundries and Qualcomm has been revealed, as the companies have agreed to work together on doubling their combined chip manufacturing.

Thu, 11 Aug 2022 13:30:06 GMT

AngloGold Ashanti CEO comments on inflation

The Chief Executive Officer of AngloGold Ashanti Alberto Calderon has stated in a recent interview that he expects the company's cost inflation to decrease in 2023 to single digits from a peak of 13.00%.

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