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28 January
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Intel downgrades the forecast for the financial year 2022
Intel downgrades its 2022 forecast for the second time. In the first quarter, one share brought in $0.59 in profit.
28 October 2022
McDonald’s profit exceeded estimates due to higher prices on the menu
McDonald's earnings results for the third quarter of the year were released on Thursday and exceeded analysts’ expectations due to the company’s marketing strategy and higher prices on the menu.
28 October 2022
Japan remains the last country with a negative interest rate
The Bank of Japan remains confident that the country's inflation rate will fall below 2% next year. In this regard, the bank has kept interest rates extremely low compared to other countries, arguing for the decision with new government measures aimed at fighting inflation.
28 October 2022
Honeywell shares jump after quarterly report
Shares of Honeywell International Inc. rose more than 3% after the company raised its profit forecast for the full year and stressed that it has "confidence" in the demand for its products, despite difficult economic conditions.
28 October 2022
Dollar decline and increased US crude oil exports support oil markets
Due to record U.S. crude oil exports, as well as state refineries operating at higher levels for this time of year, oil prices are rising, Reuters reported.
28 October 2022
Intel cuts its profit forecast
On Thursday, an American chipmaker Intel Corp announced the cut of the company’s profit and revenue forecasts for a full financial year, and also the staff reductions. At the same time, the company’s personal computers segment demonstrated higher-than-expected results.
28 October 2022
Tesla recalls more than 20,000 cars due to seat belt problems
According to Reuters, Tesla is recalling more than 24,000 cars across America. The reason is that some defects were found in the seat belts of the Model 3 2017-2022 car.
28 October 2022
Exxon reopens oil fields in Guyana
According to Reuters, two new oil fields were reopened at the Sailfin-1 and Yarrow-1 wells on the Stabroek block in Gayana.
28 October 2022
Japan releases $200 billion package to mitigate inflation
Reuters reported that Japan is determined to fight inflation decisively next year. On Friday, a list of measures will be announced that, among other things, help cut energy costs. Such measures will help both to fight inflation and justify the Bank of Japan.
27 October 2022
ECB will raise rates and reduce bank subsidies
Today, on Thursday, the European Central Bank (ECB) may raise interest rates again and, probably, even reduce subsidies for commercial banks, continuing the euro zone monetary policy tightening in order to fight outrageous inflation.
27 October 2022
