This week, the second quarter GDP of Hong Kong had decreased by 1.4% on a year on year basis.
Heineken has announced that the company had finished the first half of 2023 with a record high profit, as consumers have continued to buy beer despite inflation.
Various stock indices around the world started August trading by reaching seven-week high levels.
The trial of Elon Musk versus Twitter over the $44 billion buyout deal has been scheduled to start on October 17.
A Reuters survey has revealed that polled economists expect the Bank of England to hike the GBP base interest rate by 0.50%.
AbbVie is set to pay $2.37 billion to end thousands of lawsuits against the company over opioid painkiller marketing.
Proctor & Gamble has revealed that the company has missed its quarterly earnings estimates and it would lower its growth forecast.
The United States and Japan have launched economic talks, which would aim at pushing back on Russia and China,
On Friday, Chevron revealed that the company had profited $11.6 billion during the second quarter of 2022.
The oil company Shell has ended the quarter with a new record profit of $11.5 billion. Moreover, the company has announced a $6 billion share buyback program.
Panasonic has announced that the company has experienced a 39.00% decline in operating quarterly profits.
This week, despite keeping its sales targets for 2022 intact, Volkswagen warned that energy uncertainty in Europe might harm the company.
In the second quarter of 2022, Toyota Motor Corporation has missed its production target by 9.80%. However, the firm commented that it expects a recovery in the third quarter of the year.
The Deputy Governor of the Bank of Japan Masayoshi Amamiya has revealed that the central bank has been constantly thinking of ways of how to end its ultra-loose policy.
The European largest food retailer Carrefour has announced that it would increase its 2022 cost saving targets and is confident in the second half of the year.
On July 28, at 12:30 GMT, the United States Bureau of Economic Analysis published the US quarterly Advance GDP data for the second quarter of 2022. The market consensus for the GDP was at 0.4% growth. The actual data revealed a decline of -0.9%.
A report published by Reuters on Wednesday has highlighted that, despite soaring inflation, consumer-focused companies are experiencing no decrease in demand.
The quarterly results of T-Mobile have revealed that the company had succeeded in its strategy at lowering subscription fees and increasing subscriber count.
The parent company of Tata Motors, JLR, announced this week that it expects sales to increase, as the chip shortage eases.
This week, Kraft Heinz revealed that the company's profit margins had been decreased by an ongoing surge in costs.
The US Federal Reserve has just hiked its Federal Funds Rate by 0.75%, which was expected by the markets. In addition, the Federal Open Market Committee has issued its monetary policy statement.
At the start of US trading, the stock prices for Intel, NVidia and AMD jumped. The move was caused by the US Senate advancing a $280 billion law that would subsidize the industry.
The United Parcel Service revealed on Tuesday that it had beaten its quarterly profit estimates, as higher paying customers offset a decline in e-commerce deliveries.
The European Central Bank has published a study, which revealed that various climate risks might impact the Euro Zone's economy.