Categories
Top Dollar Euro Ruble Yuan Gold Silver Copper Gas Oil Other CEOs
Amazon will invest $972 million in electric vans and trucks in Europe

Amazon shared plans to buy several thousand electric lorries and cargo bikes for its delivery chains in Europe.

11 October 2022
The Bank of England keeps on stabilizing the situation on the British market

The Bank of England announced Monday that it will provide additional support to British markets, stepping up its efforts to ensure financial stability after the government's plan to cut taxes and increase borrowing caused panic.

11 October 2022
FRS Vice Chair: “Further tightening of monetary policy is planned”

FRS Deputy Head Lael Brainard confirmed that the US Central Bank will continue to tighten monetary policy.

11 October 2022
Australia could avoid recession even if global economy slows down

Australian Treasurer Jim Chalmers said that Australia is expected to be able to avoid a recession due to favorable conditions created within the country and able to protect the economy from growing global risks.

11 October 2022
Lael Brainard says FRS policy will remain restrictive

On Monday, Vice Chair of the FRS Lael Brainard said the heads of the Federal Reserve System understand.

11 October 2022
Oil declines amid recession fears

Oil prices fell by 2% on Monday, i.e. for the first time after five consecutive hikes. Investors are concerned that adverse economic conditions could lead to a recession in world markets and undermine fuel demand.

11 October 2022
Merck's blood vessel disease drug passes final stage of testing

Merck & Co's $11.5 billion acquisition of pharmaceutical company Acceleron Pharma last year enabled Merck & Co to take advantage of therapy that achieved a major late-stage study goal in patients with advanced blood vessel disorder, Merck said on Monday.

11 October 2022
JPMorgan estimates Netflix advertising revenue at $600 million in 2023

The expected amount of advertising income for Netflix in 2023 is $600 million, and by 2026 it is $2.7 billion.

11 October 2022
NVIDIA executives are confident in China and PC gaming

Jonathan Cohen, director of artificial intelligence software, told investors Monday that the firm recently hosted NVIDIA Corporation founder and CEO Jensen Huang, CFO Collette Kress and Simone Jankowski, vice president of investor relations, for face-to-face meetings with investors.

11 October 2022
Morgan Stanley cuts price target on Tesla

Morgan Stanley lowered the price target on Tesla to $350 (from $383), while reiterating an Overweight rating, citing lower-than-expected electric vehicle deliveries in the third quarter. According to Morgan Stanley experts, the factors that affected the company's third-quarter production cut and deliveries drop could continue to demonstrate challenges in the fourth quarter and 2023 as well.

11 October 2022