News

Note: This section contains information in English only.
Fri, 15 Nov 2024 12:30:03 GMT

Japan observes signs of inflation

The Japanese Corporate Goods Index, which is an indicator for wholesale prices, has increased by 3.4%. This is the highest increase observed in a year.

Fri, 15 Nov 2024 09:30:03 GMT

Meta faces lawsuit

Metal platforms are set to face an antitrust lawsuit in the United States over the firm's acquisition of Instagram and WhatsApp.

Fri, 15 Nov 2024 06:30:02 GMT

US banks see weak loan demand

Federal Reserve has conducted surveys that revealed that United States banks have observed lower demand for loans during the third quarter of 2024.

Fri, 15 Nov 2024 03:35:04 GMT

US bankers see policy as restrictive

During this week, two heads of US Federal Reserve branches have commented that they see the current lowered interest rates as already restrictive enough, despite this week's CPI revealing higher inflation.

Fri, 15 Nov 2024 03:30:04 GMT

Boeing starts layoffs

As the US aeronautics firm intends to fire 10% of its workforce, the first employees to be laid off have started to receive termination notices.

Thu, 14 Nov 2024 21:30:03 GMT

Kashkari comments on policy

The President of the Minneapolis Federal Reserve Neel Kashkari has recently stated that he sees the US monetary policy as moderately restrictive.

Thu, 14 Nov 2024 18:30:02 GMT

Spirit AeroSystems receives advance funds

The struggling jet part producer Spirit AeroSystems has revealed that it has received nearly $450 million from Boeing and Airbus in advance payments.

Thu, 14 Nov 2024 15:30:09 GMT

OpenAI founder returns to firm

Bloomberg News has reported that Greg Brockman has returned to OpenAI. Brockman was one of the founders of the artificial intelligence start up.

Thu, 14 Nov 2024 13:47:04 GMT

US PPI rises as expected

On Thursday, the publication of the US Producer Price Index showed that inflation is raising also at the producer level. The US Dollar reacted to the news by resuming the prior surge that was observed to have overextended itself.

Thu, 14 Nov 2024 12:30:04 GMT

Bridgewater suggests US stocks

Bridgewater Associates have commented that the firm suggests clients to hold US stocks, in the aftermath of the US elections.

Thu, 14 Nov 2024 09:55:04 GMT

Consumers expect lower inflation

The New York Federal Reserve has surveyed consumers and found out that the NY population expects lower inflation and lower debt delinquencies.

Thu, 14 Nov 2024 09:50:05 GMT

Netflix adds more users

The total subscriber base that is watching adds on Netflix has reached 70 million, as the firm has managed to grow the user base.

Thu, 14 Nov 2024 06:30:04 GMT

FDIC comments on crypto holdings

The United States Federal Deposits Insurance Corporation has revealed that households that use check cashing and payday loans are more likely to hold cryptocurrencies than consumers that have more funds and use traditional banking.

Thu, 14 Nov 2024 03:30:03 GMT

Barkin comments on Fed policy

The President of Richmond Federal Reserve Thomas Barkin has commented that with US inflation approaching 2.00% the US central bank is capable to respond to potential issues in the jobs market.

Wed, 13 Nov 2024 21:30:04 GMT

Pfizer explores sale of a unit

Reuters has revealed that the big pharma firm Pfizer has been evaluating the sale of the company's hospital drug unit.

Wed, 13 Nov 2024 19:31:44 GMT

Inflation rises in USA

The US Dollar strengthened on Wednesday due to the US Consumer Price Index increasing from 2.4% up to 2.6% on an annual basis. This dataset indicates that the US Federal Reserve might have cut interest rates by too much and too early.

Wed, 13 Nov 2024 18:40:04 GMT

US wants to block Amedisys purchase

The United States Justice Department has filed lawsuits that would stop the planned acquisition of Amedisys by UnitedHealth Group.

Wed, 13 Nov 2024 15:30:04 GMT

Waller comments on private sector

A Governor of the US Federal Reserve Christopher Waller has stated this week that in his opinion the private sector should develop new payment innovations.

Wed, 13 Nov 2024 12:30:03 GMT

ValueAct buys stake in Meta

ValueAct Capital Management have built up a $1 billion share stake in Meta Platforms and has become the second-largest stockholder of the company.

Wed, 13 Nov 2024 09:30:04 GMT

Wall Street bonuses increase

For the first time since 2021, bonuses of Wall Street executives are expected to increase, as indicated by Johnson Associates.

Wed, 13 Nov 2024 06:30:03 GMT

BTC reaches 90,000.00

The world's top cryptocurrency continues its surge, as new all-time highs continue to be reached in the aftermath of the US elections.

Wed, 13 Nov 2024 03:30:03 GMT

Boeing strikes damage deliveries

The recently ended Boeing worker strike has decreased the firm's jet deliveries to just 14 aeroplanes.

Tue, 12 Nov 2024 18:30:03 GMT

Investors move assets to India

Investment firms have been eyeing the Indian stock market as an alternative to investment in China, as the Chinese market might suffer due to Trump's policies.

Tue, 12 Nov 2024 15:30:10 GMT

KitKat makes deal with Formula 1

Nestle has signed a KitKat brand sponsorship agreement with Formula 1, as the incoming CEO is changing the way the firm promotes its products.

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