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28 January
Tesla begins work to expand its plant in Germany

Tesla's Berlin electric car plant in Grunheide is one of the most important factors, it’s playing a major role in the company's development in Europe. To grow steadily, the company needs to expand the plant's territory, thus, cutting down nearby forests has already begun.

1 November 2022
OPEC raises demand forecasts, oil recovers some of its losses

According to Reuters, oil prices reversed their recent declines Tuesday after OPEC raised its medium- and long-term demand forecasts and reiterated its willingness to help stabilize prices if necessary for markets.

1 November 2022
Biden threatens oil and gas companies with additional taxes

US President Joe Biden urged oil and gas companies to use their record profits to reduce gasoline prices for U.S. citizens. If the companies refuse to do so, the President threatens them with additional taxes.

1 November 2022
Bank of America carries out personnel shifts

Bank of America appointed Adam Cady to the position of leader of a financial sponsors group on both American continents. Filip Rensky was named as vice chair of world financial sponsors.

1 November 2022
Energy sector stocks are shining on Wall Street thanks to strong earnings

Stocks of technology-oriented megacapital companies dropped due to disappointing results. In contrast, stocks of energy companies continued their rapid rise

1 November 2022
Inflation in Europe hits new records

Inflation in Europe has been on an unprecedented scale recently. Energy and food prices in the region continue to soar.

1 November 2022
Stock Traders Almanac: the bearish trend to reverse in October

The Stock Trader's Almanac reports that October could end the downtrend. November, on the other hand, is often the golden mean in stock markets. So, a new bull market is expected, reversing the bearish trend of previous months.

1 November 2022
Caterpillar's position has become more resilient amid margin recovery

Analysts at UBS revised their rating on Caterpillar from "Buy" to "Neutral," raising their target price from $225 to $230.

1 November 2022
Google ceases the work of its billing system in India

Reuters agency reports that Alphabet Inc Google cancels the requirement of the policy according to which the Indian application developers were obligated to acquire digital goods and services via Google Play automatic billing system.

1 November 2022
Ford Motor opens $260 million campus in Mexico

A new campus of U.S. automaker Ford Motor began its work this Monday, Reuters reports. The campus is located on the outskirts of Mexico City's Naucalpan. The automaker has invested a large sum of $260 million in its opening.

1 November 2022