As the European Union has been moving to increase tariffs on Chinese made electric vehicles, the Chinese government has decided to negotiate and make a deal with the EU.
The union of the workers of the South Korean giant Samsung Electronics has announced that the workers could strike next week unless its demands for higher wages were met.
The US Bureau of Economic Analysis has published the US Preliminary quarterly GDP data. US GDP has increased by 1.3% instead of the forecast 1.2%. Dollar index reacted to the news with an immediate dip of 11 base points that was followed by a further decline.
International Monetary Fund has raised its forecast for Chinese GDP growth, as the organization expects the Chinese economy to grow by 5.00%.
The mining company Anglo American has rejected BHP Group's offer to extend takeover talks further above the set deadline.
Most recent forecasts reveal that, as millions seek to acquire the weight loss drugs from Novo Nordisk and Eli Lilly, the total market could grow to $150 billion by early 2030s.
It has been reported that due to travellers looking for savings opportunities the prices for airline tickets might have peaked in Europe and Asia.
The Toyota Motor Company has showcased new compact engines that can be adapted to various fuels.
Reuters has revealed that Chinese government data shows that in April iPhone sales in China surged by 52%.
The President of the Minneapolis Federal Reserve Bank Neel Kashkari has stated to CNBC that the Fed needs to see more signs of declining inflation before a rate cut.
Reuters has reported that Amazon has been in talks with the Italian government about investing billion in expansion of cloud infrastructure.
In April, the inflation measure that is used by the Bank of Japan has declined and reached below the 2.0% measure for the first time since August 2022.
In 2023, Japan has remained world's top creditor, as its net external assets have reached a new record high level.
The online retailer AliExpress has recruited the famous UK football captain David Beckham for a promotional campaign.
Reuters has reported that Starbucks has been forced to reduce prices in China due to stiff local competition that has been taking the giant's market share.
Bill Gross, the famous bond investor, has been interviewed by Financial Times. Gross has stated that a return of Donald Trump to the US Presidency would reduce the value of bonds.
The Conference Board has published the CB Consumer Confidence reading. The data surprised the markets with a positive reading of 102.00 instead of the expected bad reading of 96.00. US Dollar index reacted to the news by extending an ongoing recovery against peer currencies.
Reuters has reported that Saudi Aramco intends to sell the firm's shares as soon as June.
In May, as shown by business surveys, German business morale remained unchanged, compared to April.
At the G7 meeting, the Japanese representatives have confirmed a push against the excessive decline of the value of the Japanese Yen.
A proxy advisor Glass Lewis has advised Tesla shareholders to reject Elon Musk's $56 billion pay package. If approved, the pay would be the largest in US history.
The Bank of Japan is set to be more cautious with its inflation targeting efforts, as the Governor Kazuo Ueda has stated that the bank faces challenges reversing years of ultra-easy policy.
The Premier of China Li Qiang has revealed that he has encouraged Samsung to invest more money in China.
After another round of funding that raised $6 billion, the Elon Musk's AI project xAI has reached a total valuation of $24 billion.