As Boeing has been suffering with quality issues, Airbus has clenched orders for Boeing's customers. Two Asian airlines have ordered 65 jets from the European company.
The dollar denominated government bonds of Argentina have experienced a surge and reached an all-time high level. This surge has been attributed to the President Javier Milei managing to transform the country's economy.
Reuters has published a report that has revealed that Japanese firms are set to face financial difficulties due to the Bank of Japan raising interest rates. Namely, companies have priced in lower borrowing costs for future investments.
Bloomberg News has revealed that Chinese authorities have been investigating PricewaterhouseCoopers for its part in the $78 billion Evergrande fraud.
The group of Japanese workers unions Rengo has announced that it has succeeded at arranging a 5.25% pay raise for 2024 for its members. This is the largest arranged wage hike since 2013.
Microsoft, X, Match and Meta have joined Epic Games in the protest that claims that Apple has not honoured the court-order that governed Apple App Store.
In February, sales of new cars in the European Union have risen 10.1% on an annual base. The sales have increased from 5.4% in Germany up to 13.0% in France.
The German auto brand Mercedes Benz has been forced by US regulators to recall 116,020 cars due to a faulty 48 volt connection.
As the race to augment AI into vehicles accelerates, NVidia has been cooperating with BYD and other Chinese producers in developing self-driving cars.
The Consumer Price Index of Canada has revealed that prices have grown in 2.8% in February, compared to February of 2023. The markets expected a 3.1% increase. On a month on month basis prices have risen 0.3% instead of forecast 0.6%
On Thursday, the stock price of Apple plummeted 4.37% or $7.81. The drop was caused by a major US antitrust lawsuit that accuses the company of monopolizing smartphone markets.
The US electric vehicle maker Tesla has announced that it would increase prices for the Model Y cars that are produced in China from April 1.
The US tech company Intel intends to spend $100 billion on the construction and expansion of factories across the United States. Intel has gained $19.5 billion in federal grants and expects to secure $25 billion in tax deductions.
Reuters has revealed that JPMorgan Chase has assembled a sports-focused investment team that is set to evaluate investing into sports franchises.
The competition regulators of France have fined Google with a 250 million Euro fine for breaching EU intellectual property laws.
Employees of Maserati are set to work reduced hours at the Italian factory. The reduced hours have been arranged in an effort to reduce work costs, but keep union workers employed.
The Swiss drug manufacturer Lonza has revealed that it would acquire a biological drug maker from Roche for a total of $1.2 billion.
This week, Chipotle has announced that the company's board has approved a 50 for 1 stock split of the common stock. This announcement caused a 7.00% surge of the stock price, as a cheaper stock price is expected to attract more investors.
The stock price of Micron Technologies has surged more than 17.00% at the start of Thursday's trading. The shares trade at a record high at $113.30. This jump of company's value occurred due to the firm reporting high earning per share, instead of an expected loss. Markets forecast a loss per share of $0.253, but the firm made earnings per
US airplane maker Boeing has announced that the company expects to spend more cash during this quarter due to the need to improve 737 production quality.
The owner of Facebook and Instagram has announced that it could reduce its monthly subscription fees by almost half. These news caused an initial dip of the company's stock price. However, the initial dip quickly turned into a surge.
Due to a potential airbag issue, Chrysler is forced by the US National Highway Traffic Safety Administration to recall 38,000 cars.
The Official Bank Rate of the Bank of England has been published. Markets expected the central bank to keep rate at 5.25%. Bank of England has done, as expected.
Chinese Tencent Holdings has revealed that fourth quarter revenues increased by 7%. In addition, the company intends to double share buybacks throughout 2024.