Geely and Renault have announced that the companies would work together on new gasoline and hybrid vehicle engines.
The EU President Ursula von der Leyen has stated to the COP27 climate summit that countries should increase their actions in regards to climate change.
Bank sector supervisors of the European Central Bank have revealed that an ongoing evaluation of Eurozone banks has been looking for potential systemic vulnerabilities
In the aftermath of the US Federal Reserve Rate hike, a stock price surge and decline of the USD occurred. Financial market commentators attributed the financial fluctuations to a potential end of anti-covid measures in China.
Reuters reported this week that, despite sanctions, Binance had processed Iranian transactions up to an amount of eight billion US Dollars.
The US Natural Gas producers Chesapeake Energy has revealed that it expects inflation in the US gas regions to reach 15% during the next year, which is set to impact the company's expenses.
The Prime Minister of Poland Mateusz Morawiecki has revealed that the country's first power plant is set to cost around $20 billion. The power plant is set to be constructed by Westinghouse Electric Company.
The owner of KFC and Taco Bell has revealed that the company had beat its quarterly sales forecasts due to price hikes.
The US pharmacy and health insurance firm CVS Health has announced that it would increase its 2022 profit forecast due to strong third quarter results.
The United States Department of the Treasury has revealed that it continues to evaluate bond buybacks for the purpose of increasing market liquidity.
The International Monetary Fund has announced that it might need to increase its 2022 US GDP forecast, as recent quarterly data beat the organization's prior expectations.
The US White House has announced that it would use a total of $13.5 billion to help households with energy bills.
Volvo Cars has revealed that due to demand for electric vehicles the company increased its sales in October by 7%.
The shipping line Maersk has revealed that it expects the demand in 2022 for container shipping to decline, as a recession approaches.
Walmart, CVS and Walgreens have agreed to pay $13.8 billion to settle thousands of lawsuits, which accuse the companies of mishandling opioid painkillers.
Ferrari has announced that after a strong third quarter of 2022, the company would increase its 2022 yearly profit forecast.
S&P Global Ratings has downgraded the long-term credit of Credit Suisse Group to one level above junk bonds.
All of financial markets are reacting to the just announced US Federal Reserve Federal Funds Rate. The markets expected the US Fed to hike the rate by 0.75%, which would bring it from 3.25% up to 4.00%. The expectations came true and volatility increased.
PetroChina executives have revealed that they expect demand for gas and fuel to rise in the third quarter of 2022, compared to 2021.
In October, investors bought equities at volumes that had not been observed since March 2022.
The $1.15 trillion Norwegian wealth fund has announced that in the third quarter of 2022 the fund had suffered a loss of $43.47 billion.
The President of Germany Frank-Walter Steinmeier has stated that the Russian invasion of Ukraine has shattered the Gorbachev's idea of a common European home.
As the company released its quarterly results, Volkswagen revealed that it expects supply issues to remain intact and earnings to stagnate below pre-coronavirus levels.
The Chinese firm CanSino Biologics has revealed to the world an inhalable COVID-19 vaccine. Other vaccines are administered via an injection.