The stock price of Alphabet has started the day's New York trading with a gap up of 6.43% or $7.86. The surge of the company's value was caused by the company reporting better than expected second-quarter profit.
The Chinese government has revealed a new stimulus program that would be aimed at increasing local demand, consumer confidence and the prevention of economic risks.
The renaming of Twitter into X is set to face trademark issues, as nearly 900 firms have active trademarks that use the letter X.
The aero-engineering company Rolls-Royce has beat its first-half-year earnings and has increased 2023 profit forecast by 45%. The announcement caused a 24.00% surge of the company's stock price. In addition, the stock has reached highest levels since March 2020.
The RIA news agency has revealed that Russia and various African nations are set to meet at a summit to discuss Russian gran and fertilizer shipments.
Both China and Taiwan are preparing for the arrival of a super typhoon named Doksuri. The typhoon has been approaching East Asia.
RTX Corporation, which previously was known as Raytheon Technologies Corporation, has revealed that a major portion of its Pratt & Whitney GTF engines require removals and inspections. The announcement caused a stock price drop of more than 15.50% during the first half hour of the day's New York stock trading
Unilever has revealed that it has passed its quarterly sales forecasts. The news boosted the stock price of the company.
The Hong Kong Hang Seng stock index has jumped more than 5.00% during Tuesday's trading. The move was attributed to the Chinese government announcing that it would increase its pace of policy adjustments that are aimed at stimulating the economy.
The telecommunications group Vodafone has reported better than expected quarterly earnings. In addition, the company has hired a new CFO.
The sports brand firm Adidas has revealed that it has received orders for more 4 million Yeezy shoes that amount to a total of $565 million.
The Dutch tech company Philips has announced that it would increase its profit forecasts. Moreover, the company has beat earnings expectations for the previous quarter.
The Japanese government has revealed that it intends to coordinate with the Bank of Japan to create a slowdown of inflation in 2024.
In June, the Peoples Bank of China has increased its gold reserves by 23 tons. The central bank has extended its gold buying spree into an eight consecutive month.
The Vice-President has revealed throughout July that the services sector has turned into a significant drivers of European inflation.
The United Nations food agency has revealed that its world price index had declined in June to a two year low level. The index is now 23.4% below its peak of March 2022.
Airbus has received a received record amount of orders from India, as the country's airlines have ordered a total of 1,004 airplanes in the first half of 2023.
The US Defense Department has revealed that it has strategic Germanium reserves. However, there are no Gallium reserves. Due to this reason the Pentagon would use the Defense Production Act to increase domestic mining.
The nominal base salaries of Japan have experienced largest growth since 1995. In May, salaries have increased by 2.50%. However, due to inflation real wages have decreased 1.2%.
Chinese authorities have ended the regulatory revamp of Ant Group. Reuters has reported that Ant is set to be fined 8 billion Yuan or $1.1 billion.
The Chief Financial Officer of the New Development Bank of the BRICS countries has commented that the country economic association does not intend to create its own currency.
Volkswagen has revealed that the company has been monitoring the recent semiconductor and rare metal dispute between China and United States. The company has announced that it would be ready to deal with supply issues.
The airline Norwegian Air has made a deal to acquire its domestic competitor Wideroe for a total of $106 million. The companies are set to operate independently, but with more collaboration and integration.
The Austrian bank Raiffeisen Bank International has once again delayed leaving the Russian market, as Austrian officials have increased their defence of the bank in the United States and Europe.