The major decline of the Japanese Yen to 1990 levels has been attributed to the recent surge of the Japanese stock index, the Nikkei.
As Turkey, China and UAE have increased compliance with US sanctions on Russia, Russian oil companies have reportedly faced increased number of issues with collecting payments for oil shipments.
The clothing retailer H&M has beat quarterly financial result expectations, as the firm has experienced a recovery at the start of the spring.
On its debut on NASDAQ, the value of Trump's Trump Media Group jumped by 59%.The stock price touched a session high of $79.39 per share.
The French car producer Renault is set to sell about 2.5% of total amount of Nissan shares for a total of $392 million.
MasterCard and Visa have reached a $30 billion settlement in a US antitrust lawsuit that is set to result in limited credit and debit card fees. The $30 billion in reduced costs are set to be passed on to consumers.
Executives of the French car maker Renault have revealed that they have been in early talks with partners about a potential creation of an electric vehicle battery recycling process.
Morgan Stanley has revealed that, due to high equity price in the United States, hedge funds have moved their investment money to Europe.
Reuters has published a report that reveals how the Bank of Japan could increase interest rates even higher than already expected. Recently, the central bank hiked rates for the first time in 17 years.
As sanctions have been tightening Russian oil exports, Indian refineries have started to buy more US produced crude oil. Indian refineries are set to import 250,000 barrels per day during April.
Reuters has revealed that the Chinese President Xi Jinping is set to meet US businessmen in Beijing on Wednesday. The meeting is set to be a follow up to a prior meeting done in November in San Francisco.
As a part of a cost reduction program, Dell has fired a total of 6,000 employees. The firm employed 126,000 workers in 2023. In 2024, nearly 120,000 are employed by the company.
The United States electric vehicle maker Tesla has announced that the firm would offer its US customers a free month to use the driver-assist technology.
The global bank network SWIFT has revealed that it intends to create a new digital currency platform for central banks in approximately a year or two.
The banking group Citigroup has announced this week that is has ended its overhaul. Citigroup has fired a total of 5,000 employees to simplify its structure.
The Wall Street Journal has revealed that the NVidia supplier SK Hynix intends to invest $4 billion in a new chip packaging plant in Indiana, West Lafayette.
The United States employees of Volkswagen are set to vote in April on whether to join the US United Auto Workers union. This union is known for negotiating salary increases for US vehicle company workers.
In February, new home sales in the United States have declined by 0.3%. However, the number of sales for January has been revised upwards, which evens out the decline.
One of the Governors of the US Federal Reserve Lisa Cook has recently revealed that the Federal Reserve should be careful with easing monetary policy too soon.
In the aftermath of the US Justice Department case against Apple, various consumer groups have filed additional lawsuits against the US tech giant.
The President of the Chicago Federal Reserve Bank Austan Goolsbee has commented that he expects the Fed to do three rate cuts during 2024.
The ongoing spread of a cocoa bean disease in West Africa continues to disrupt the market. On March 26, the cocoa price hit the $10,000 mark. The price has surged 136.44% in 2024 by gaining $5,852.45.
Reuters has reported that Chinese regulators are pressuring commercial banks to speed up the approval of new loans for private real estate developers.
The US pharma company AbbVie has decided to acquire the drug development firm Landos Biopharma for $212 million.