News

Note: This section contains information in English only.
Fri, 27 May 2022 08:30:06 GMT

Twitter pays US fine

This week, Twitter agreed to pay a fine of $150 million to settle with the United States government over security and privacy violations.

Fri, 27 May 2022 06:30:06 GMT

Apple keeps production flat

Bloomberg News revealed this week that Apple intends to keep its iPhone production unchanged at 220 million units during 2022.

Thu, 26 May 2022 12:35:46 GMT

US GDP decline exceeds forecasts

At 12:30 GMT, the US Preliminary quarterly GDP was revealed to have declined by 1.5% instead of the market consensus forecast decline of 1.3%.

Thu, 26 May 2022 12:30:05 GMT

South African CB comments on inflation

On Wednesday, the central bank of South Africa announced that the bank expects a rise in inflation due to high food and energy prices.

Thu, 26 May 2022 10:30:08 GMT

ECB members voice support for Lagarde

During this week, the heads of the Finnish and Dutch central banks have revealed their support for the Lagarde's planned July rate hikes.

Thu, 26 May 2022 06:30:08 GMT

Barclays comments on asset sales

This week, Barclays announced that by the end of hits year the bank expects global mutual fund investors to sell off equities valued at $350 billion.

Wed, 25 May 2022 15:52:43 GMT

German economy avoids recession

On Wednesday, German GDP was revealed to had grown by 0.2% in the first quarter of 2022, which indicates that there is no economic recession in the German economy.

Wed, 25 May 2022 12:30:07 GMT

French minister comments on global tax

On Tuesday, the Finance Minister of France Bruno Le Maire stated that the EU would sign the agreement for a global minimum corporate tax on June 17 despite current opposition from Poland.

Wed, 25 May 2022 10:30:05 GMT

Airbnb shuts down in China

Airbnb announced this week that the company would shut down its domestic business in China on July 30.

Wed, 25 May 2022 08:30:07 GMT

ECB comments on cryptocurrencies

This week, the European Central Bank announced that the crypto markets pose a risk to global financial stability.

Wed, 25 May 2022 06:30:06 GMT

Euro zone growth slows down

On Tuesday, European Purchasing Managers Index survey results revealed that business growth in the Euro Zone had declined in May.

Tue, 24 May 2022 14:30:07 GMT

CoinSwitch asks for crypto regulation

India's top cryptocurrency app CoinSwitch announced on Monday that financial regulators should create certainty for the future pf cryptocurrencies to boost investment.

Tue, 24 May 2022 13:38:52 GMT

Snap stock plummets almost 40.00%

The stock price for Snap Inc plummeted at the start of the day's trading, as the company announced abysmal quarterly results prior to the market opening. During the first five minutes of trading, the stock price had lost 37.92%

Tue, 24 May 2022 12:30:06 GMT

Facebook shares political ad data

This week, Meta Platforms announced that the company would share its data about political and social-issue ad campaigns, which are run on its Facebook platform.

Tue, 24 May 2022 08:30:06 GMT

ECB returns to positive rates

This week, Christine Lagarde announced that the European Central Bank would return to positive base interest rates by September.

Tue, 24 May 2022 06:30:06 GMT

JPMorgan raises income forecast

On Monday, JPMorgan increased its forecast for the bank's income from interest rates in 2022.

Mon, 23 May 2022 15:26:25 GMT

Dollar index declines

During Monday's trading hours, the US Dollar plummeted, which boosted commodity and stock prices and various currency exchange rates that include the USD.

Mon, 23 May 2022 15:10:52 GMT

Tesla increases Shanghai production

Tesla announced on Monday that the company would return its Shanghai production to pre-lockdown levels already on Tuesday.

Mon, 23 May 2022 11:15:16 GMT

Euro surges due to Lagarde's comments

The Euro has surged against peer currencies, as the President of the European Central Bank Christine Lagarde commented that the ECB would hike interest rates in July.

Mon, 23 May 2022 10:30:06 GMT

Harley Davidson suspends production

Harley Davidson has revealed that the company would suspend most of its vehicle production due to parts shortages.

Mon, 23 May 2022 08:30:07 GMT

IMF chief comments on inflation

The Managing Director of the International Monetary Fund Kristalina Georgieva has announced that global financial leaders should prepare for additional inflationary shocks

Mon, 23 May 2022 06:30:07 GMT

ECB meeting accounts reveal a discussion

Accounts of the European Central Bank's April 14 meeting have revealed that the policymakers have been arguing over the start of monetary tightening.

Fri, 20 May 2022 14:30:06 GMT

Inflation in Canada increases

Data published this week revealed that in April inflation in Canada was at 6.8%, which is an increase from the previous 6.7% inflation rate.

Fri, 20 May 2022 12:30:09 GMT

US Building Permits decline

In April, new US building permit issuance plummeted by 3.2%, reaching a five-month-low level.

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