The Alphabet company activated the first local cloud region for Israel, thereby making this service accessible to the country’s government and military structures. It’s expected that implementation of the technology will contribute to Israel’s economic growth and increase in jobs.
Pfizer Inc. expects to roughly quadruple the price of its COVID-19 vaccine, according to Pfizer CEO Angela Lukin.
Ahead of Apple’s earnings report for the fourth quarter, Morgan Stanley analysts confirmed the “overweight” rating on the company’s stock and a target price of $177 per share. It’s expected that the technological giant will exceed Wall Street analysts expectations for the previous quarter.
Philip Morris International Inc. made the "best and final" offer for Swedish Match, chewing tobacco maker.
Federal Reserve Bank of Chicago (FRB) Chairman Charles Evans expects the Fed's course of monetary tightening to be sufficient to lower inflation in the U.S. Last week’s report on consumer prices turned out to be worse than experts forecasted.
Due to the fact that the market has not reacted to the actions taken by US President Joe Biden to curb the rise in energy prices that have fueled inflation, oil continues to rise.
Shunichi Suzuki said Thursday that he would take "decisive steps" to combat excessive volatility in the currency market. Japan is thus renewing its threat to intervene, which was triggered by the yen falling to a 32-year low and the currency approaching the key barrier of 150.
Bank of America CEO Brian Moynihan said a sharp increase in Federal Reserve interest rates would have a positive impact on the bank's profits in 2023.
Due to the fact that the US dollar shows a general increase, there is a weakening of the Canadian dollar against the US currency. Nevertheless, with the release of up-to-date data on inflation within the country, there was a containment of the fall of the official currency of Canada.
American consumer spending is still strong, as CEO of Walmart U.S. John Furner says. Since retail representatives monitor the market on a regular basis, they consider demand in the United States to be steady.
