Exchange filings have revealed that Warren Buffet's Berkshire Hathaway has continued to sell off electric vehicle producer's BYD shares.
Reuters has reported that various artificial intelligence companies have urged investors to rationally evaluate AI companies due to the ChatGPT caused stock frenzy.
Credit Suisse Group has reported its worst yearly loss since the 2008 financial crisis. In addition, the bank has warned that it expects losses to continue into 2023.
The streaming platform Netflix has announced that it would crack down on account sharing by creating primary location registration and implementing a charge for extra account users.
South Korean authorities have fined German automakers for a collision aimed at curbing emission cleaning technologies.
Airplane maker Airbus has urged its suppliers to increase their stock in an effort to avoid output snags.
Toyota Motor Corporation has revealed that its quarterly profits had increased by 22% due to a decline of the value of the Japanese Yen against peer currencies.
Unilever has announced that the company would continue to increase its product prices into the second half of 2023.
Walt Disney Company has revealed to be amidst a restructuring, which would result in the firing of 7,000 employees in an effort to save $5.5 billion in costs.
Recently published data has revealed that the year on year consumer price index in January increased by 9.2%. Compared to December, prices had increased by 0.5%.
British American Tobacco has pledged to sell off its business in Belarus and Russia by the end of this year.
British American Tobacco has revealed that it expects a smaller increase in earnings in 2023 than previously expected. No share buybacks are planned, despite recent rumours of an upcoming buyback.
The owner of Michael Kors brand Capri has announced that it is cutting the company's earnings forecasts due to a decline in demand.
The CEO of Tesla Elon Musk is set to host the company's first ever investor day on March 1, during which plans for the company's future are scheduled to be revealed.
Uber has announced that due to the end of pandemic measures across the world, the company expects to increase its profits in 2023. The company recently reported excellent quarterly results.
Spirit Airlines have revealed that they wait for the US Department of Justice to decide on the company's merger with its competitor JetBlue Airways Corp.
The Japanese government has revealed that it would use milder restrictions than the US has set on exports of chip production machinery to China.
Major tech firms and Wall Street firms have been leading the major large company employee cuts, which have occurred during the first months of 2022. The layoffs have been mostly associated with the cancellation of future expansion.
The US tech company Microsoft has called for a coalition that would improve the processes in the little to no regulation cobalt mines in the Republic of Congo.
The Norwegian gas and oil giant Equinor has revealed that the company has gained record profit of $74.9 billion in 2022.
Maersk has announced that the company expects lower container shipping volumes in 2023 to reduce the company's profits.
TotalEnergies has reported that the company has doubled its net profits in 2022 to a record of $36.2 billion.
Reuters has reported that shoppers are set to experience price increases, as shop suppliers have passed on their costs to the shops.
The South African airline Comair is suing Boeing Company for fraud in the sale of eight 737 MAX airplanes. The company seeks $83 million in damages.