The Handelsblatt has reported that the Italian government intends to order 350 infantry fighting vehicles and 200 main battle tanks from Rheinmetall. The order is set to amount to 20 billion Euros.
The Swiss banking group Credit Suisse has received a fine from South Korean authorities. The bank has been fined for illegal equity short selling.
IMF'S Kammer has stated that recent Euro Zone inflation data indicates that the European Central Bank can continue to cut interest rates.
The results of a poll done by Reuters have revealed that market analysts do not expect emerging market currencies to recover their losses against the US Dollar at least until the end of 2024.
President of the Chicago Federal Reserve Bank Austan Goolsbee has commented that he has observed signs of a weakening economy.
Toyota Motor Corporation has reported a 9.20% increase of sales in the United States. Sales have been driven higher by demand for SUVs.
Second quarter US auto sales of General Motors have continued to grow. However, the growth pace has slowed down, as sales increased only 0.6%.
This week, the head of the US Federal Reserve Jerome Powell made a speech on monetary policy. The main message behind the speech was that more data is needed before USD interest rate cuts.
Reuters has reported that NVidia could be charged by French regulators for anti-competitive practices.
The Chinese Electric Vehicle producer BYD has published a 21% quarterly increase of electric vehicle sales.
Reuters has reported that four Japanese insurance firms have planned to sell off around $3.1 billion of shares of the Honda Motor Company.
The Australian and New Zealand Banking Group has been forced by the Banking Code Compliance Committee to repay $2.19 million to representatives of customers that have been impacted by ANZ's practices of charging deceased customers.
This week, Qatar Airways revealed a 39% increase in annual net profits, as the firm has profited $1.67 billion in the financial year that ended on March 31.
The sales of Tesla's China-made EVs have declined in June by 24.2%, compared on an annual basis with June of 2023.
Throughout Wednesday's trading, the US Dollar has been declining due to a string of worse than forecast or at forecast data.
In an effort to save value of its cars, Ferrari has announced two warranty extension schemes that would allow hybrid owners to replace batteries at the eight and sixteenth year of the car's life.
In June, Ryanair has experienced a passenger traffic increase of 11%, which has put the firm's passenger turnover at a record high of 19.3 million.
In May, United States Construction Spending had suddenly declined, as high mortgage rates appear to have decreased family home building.
The Finance Minister of Japan Shunichi Suzuki has stated that authorities were watching the currency markets for sharp moves, as the Yen has continued to decline.
A union of workers of Samsung Electronics has called a strike that is set to last from July 8 up to July 10. The union demands transparent system for pay bonuses and time off.
Head of the Federal Reserve Bank of New York John Williams has commented this week that he is confident that the United States are on the path of returning to 2.00% inflation.
The major US bank Morgan Stanley has increased its NVidia price target from $116.00 up to $144.00 per share.
The stock price of Tesla has extended the Monday's 6.05% surge by jumping at the start of Tuesday's trading. US trading session was started above the $220.00 mark.
In an effort to deal with quality issues, the US jet maker Boeing is set to buy Spirit AeroSystems. Boeing had sold the company 20 years ago and now is buying it back.