The major bank UBS has announced that it is increasing its MSCI AC World index 2024 forecast to 830.
CNCBC has reported that Google has fired around 100 employees in the company's cloud unit. Most fired employees had sales, operations and consulting roles.
Data for May has revealed that global factory activity has been recovering due to a slowdown of the decline in Europe and an increase in Asia.
In April, lower income Americans have been booking fewer hotel stays, which has been alarming the industry analysts that a broader decline could be upcoming.
The manufacturing sector of the European Union has been signalling that data for May is set to show a recovery of the sector.
The United States Bureau of Labor Statistics has published the monthly US employment data sets. Employment situation in the United States is much better than expected. US Dollar reacted to the news by jumping, as the Dollar index immediately moved from 104.05 up to 104.60.
The International Air Transport Association has commented that the United Nations should not change the way airlines are taxed by keeping taxation in the headquarter country of the airline.
The price for gold suddenly plummeted starting from 08:00 GMT, as the price dropped from 2,373.80 down to 2,345.50. This move was caused by the reveal that the Chinese government has ended its 18 month streak of buying gold around the world in order to create reserves.
The music streaming service has announced a price increase in the United States for the premium subscription plans. The firm intends to increase its profit margins.
As various airlines have continued to report that demand for travel has been picking up, the full-year industry profit forecast has reached a total of $30.5 billion.
Despite Donald Trump being ruled as guilty at the court case in New York, the financial markets price in a high chance that the former President would return to the White House.
It has been revealed that Qatar Airways have been in talks with Boeing and Airbus about a major order of wide-body passenger jets.
For the first time in five years, the ECB has reduced its Main Refinancing Rate. The rate has been cut from 4.50% down to 4.25%. This rate cut was expected, as ECB policymakers had kept talking about it to the media since the start of the year.
After experimenting with live shopping in China, Zara has started to offer same experience in European countries and the United States.
Reuters has reported that Tesla intends to offer Full-Self-Driving electric vehicles in the Chinese market during this year.
Due to congestions in Asian and Mediterranean ports Maersk is set to skip westbound sailings from Asia that were set to depart in early July.
In an effort to help Airbus, the President of France Emmanuel Macron has been asking the Canadian government to ease sanctions on Russian exported titanium.
Recent comments made by US Federal Reserve officials have revealed that the USD policymakers do not expect inflation to increase, due to which the Dollar base interest rate could be kept unchanged.
The Chief Financial Officer of ASML Roger Dassen has revealed that the firm expects new orders from its top customer Taiwan Semiconductor Manufacturing Company in the upcoming quarter. These news caused a 7.56% surge of the company's stock price. The price went from 872.90 EUR up to 940.00 EUR by mid-day.
Reuters has published poll results that indicate that in May Chinese factory activity has highly likely continued to increase.
Due to a decline in hardware sales, Sony has been coming up with more ways of how to more engage PlayStation users.
The stock price of GameStop has once again jumped up, before retracing back down. The most recent pop was caused by retail traders finding out that Keith Gill holds $116 million in GME June call options.
Travel agencies and company websites indicate that cruise operators are forced to use discounts to full the bookings for their summer cruise routes.
The global sales volumes for Toyota declined in April. Biggest drops have been reported in China and Japan.