Markets have reduced their expectations for the second quarter growth numbers of the Japanese Gross Domestic Product. Most quote the tightening of monetary policy as the reason for the change of forecasts.
A new energy unit of Panasonic Holdings has finished the preparation for the production of new high-capacity electric vehicle batteries.
For a fifth month straight, car sales in China have continued to decline, as demand has been decreasing.
The stock price of Oracle is set to start Tuesday's trading with a jump of $11.00 or 7.90%. The reason for the gap up are the quarterly financial results and future expectations.
Reuters has conducted a survey, which has revealed that economists expect exports from China to have grown, but at a lower pace than during the previous months.
The major bank Morgan Stanley has reduced its forecasts for Brent Crude Oil price, as the market has been signalling a decrease of demand.
The publication of the UK Unemployment Claimant Count Change number and the change of the Average Earnings Index for the last three months have shown mixed data. Due to this reason, the GBP increased volatility by initially moving up, but then suddenly retracing back down.
The satellite TV firm DirectTV has reported to the US Federal Communications Commission that Walt Disney has not been negotiating in good faith and engaged in anticompetitive actions.
Reuters has revealed to the world that Broadcom has done a test at Intel facilities which has resulted in a failure of the testing of silicon wafers. In general, Intel can not move to high-volume production as previously expected.
The US National Highway Traffic Safety Administration has announced that it has ended the investigation into General Motors vehicle seat belt issue. The investigation concerned more than 1.3 million cars.
Reuters has revealed that top 10 Chinese fund managers have demanded senior executives to return excessive pay that has been paid out in the last five years.
The major bank Goldman Sachs has revealed that it expects the US economy to benefit in the upcoming two years from a potential election of Kamala Harris.
The Chinese government has expressed dissatisfaction with new Dutch export controls of ASML semiconductor production tools. The European country has aligned its limits on exports with the US.
The CEO of Volkswagen has revealed that the firm has been loosing its European market share due to increasing competition. The CEO intends to enact unprecedented reforms.
The Wall Street Journal has recently reported that U.S. Steel would have to close various mills and move its headquarters in the case of the firm failing to make a buyout deal with Nippon Steel.
The US discount store chain Dollar Tree has cut its annual earnings expectations, as the firm has struggled to attract price-sensitive shoppers. Namely, as indicated by news earlier in the month, the less well off people are shopping at Walmart not Dollar Tree.
The major bank Goldman Sachs has announced that it expect the development of AI to decrease crude oil prices due to improved logistics that AI would manage.
The United States drug store chain Rite Aid has emerged from Chapter 11 bankruptcy. However, it has been accomplished by taking the company private in a broader financial restructuring.
More and more US firms have announced revamps of their DEI or diversity, equity and inclusion programs that were meant to boost productivity by increasing creating an ethnic variation of employees.
At 12:30 GMT, Bureau of Labor Statistics has published monthly unemployment rate. Reported Unemployment rate is at 4.2%, same as forecasted. US dollar is reacting to the downside.
Wells Fargo has downgraded Boeing's stock. Namely, the bank has indicated that the bank's income of $10 billion might be delayed by two years. Moreover, Boeing is set to spend $30 billion on the development of a new aeroplane.
Data for July has revealed that spending on construction in the United States has declined even more than expected. Spending decreased by 0.3%, compared to the forecast 0.1%.
The US Federal Reserve has released research that indicates that United States housing inflation should decline in 2025.
The German carmaker Volkswagen has announced that in an effort to cut costs, the firm could shut down factories in Germany.