Analysts, according to a Reuters poll, believe that until inflation is halved, the U.S. Federal Reserve System should continue to raise interest rates. Thus, the Fed will raise interest rates by 75 basis points for the fourth time in a row on Nov. 2.
According to sources, Microsoft is gathering information for Chinese video games to replicate Sony Group Corp's success with "Genshin Impact".
On Monday, Pat Gelsinger, Chief Executive at Intel Corp, made an announcement stating that the Initial Public Offering (IPO) of the Mobileye’s stock wasn’t a way of raising its capital, but a strategy for market entry.
Apple TV+ and Apple Music prices are going to hike in the short run, as the company announced Monday. With that being said, the cost of Apple One's package would also rise. These measures represent the first price surge for services in the United States.
On Thursday, Coordinating Minister for Economic Affairs Airlangga Hartarto declared that Ford Motor Co aims to produce electric vehicles in the country.
On Tuesday, Microsoft will release a report with the lowest quarterly revenue growth in the last 5 years. Some analysts' expectations are associated with doubts about whether the corporation will be able to fulfill its forecast against the background of declining PC market growth.
As stated by Christopher Kent, Assistant Governor at the Reserve Bank of Australia (RBA), imported inflation isn’t yet seen as a concern, because although the national currency has fallen lately, this fall at the moment is considered to be quite insignificant.
Goldman Sachs reported Thursday that the Cabinet of Joe Biden intends to continue to release Strategic Petroleum Reserve (SPR) to the extent necessary.
According to data from China, oil prices are falling. Information indicates that demand from the world's largest oil importer remained weak in September.
In 2011, the American company Walmart Inc made a bet on the African market, acquiring a majority stake in South African retailer Massmart. A lot of investors saw this deal as a step towards dominating the vast untapped market.
