Reuters has reported that Chinese wheat buyers have been postponing or cancelling their orders from Australia due to a global surplus of the commodity.
US Commerce Department has reported that the US firm inventories have remained unchanged in January as stocks increases have been offset by a decline at the wholesalers and manufacturing levels.
European Union antitrust regulators have allowed Cisco to acquire the cybersecurity company Splunk for a total of $28 billion.
In an effort to boosts its rare-disease drug portfolio, AstraZeneca intends to acquire Amolyt Pharma for a total of $1.05 billion.
The Organization for Economic Cooperation and Development has commented that the UBS rescue of Credit Suisse has created risks and challenges for the Swiss economy.
CNBC has reported that the former Treasury Secretary Steven Mnuchin has been gathering a group of investors that would acquire TikTok.
The German automaker has revealed plans to launch a new entry-level EV in 2027. Volkswagen engineers have reportedly been working on new proposed models.
Despite a lack of alternative jet suppliers, Airlines around the globe have been negotiating new Boeing plane orders and asking for concessions from the aircraft maker.
The United States House of Representatives has passed legislation that would force ByteDance to divest TkTok or the app would be banned in the US.
Despite the US Consumer Price Index not impacting the markets on Tuesday, there is still inflation at the producer level. Namely, the publication of the US Producer Price Index has revealed that inflation in the US is persistent. The Fed cannot cut interest rate, if prices continue to rise. Due to this reason the US Dollar index surged.
After missing quarterly revenue expectations Dollar Tree has announced the closure of a total of 1,000 stores. The stock price of the company plummeted 14.00% on the news release.
Wells Fargo has expressed concerns about the effect of Tesla car price cuts and their effectiveness. Due to this reason the bank has downgraded the automaker to underweight.
The US pharmacy chain Eli Lilly has partnered up with Amazon to sell prescription drugs via a direct-to-consumer service.
For the first time since 1992, Adidas has experienced a net loss instead of profit. Moreover, the company has warned that sales it expects a sales decline in North America.
Japanese automaker Toyota Motor has announced the largest wage increase in 25 years. The large pay increase is speculated to push the Bank of Japan into a policy shift, as higher wages could trigger inflation.
The Chinese electric vehicle maker BYD has introduced a new e2 hatchback that is cheaper than the previous one. The new price is 12.7% lower than the one of the previous version.
As a part of major restructuring PwC Australia has announced the layoffs of additional 329 employees. The firms has been restructuring in the aftermath of a tax plan leak scandal.
The anti-obesity drug maker Novo Nordisk has revealed that it expects to launch its new drug amycretin during this decade.
The market capitalization of NVidia has continued to surge. Most recently the company has approached Apple's evaluation levels. Recently, Microsoft took over Apple and bumped it down to the second most expensive company's spot.
The US energy company Chevron is set to face a bidding competition with Exxon Mobil for the exploration and production company Hess Corporation.
The US fund manager BlackRock has reduced its stake in the gold miner Polymetal to 4.01% from 7.44%.
Apple has been pressured into allowing app developers to distribute their applications from their own websites. Previously, app developers had to use the Apple Store.
Reuters has revealed that Goldman Sachs intends to increase its private credit portfolio to 300 million during the next five years.
Chinese tech giant Xiaomi has announced that it is starting to deliver to clients its first electric vehicle model. The stock price of the company surged on the announcement.