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19 March
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Chevron's quarterly profit beats expectations
Chevron Corp posted its second-highest quarterly profit ever, beating analysts' estimates.
31 October 2022
ECB raises rates by 0.75% and promises further hikes
The European Central Bank (ECB) hiked interest rates by 75 basis points on Thursday, October 27. A further monetary tightening is foreseen, along with a subsequent slowdown in economic growth.
31 October 2022
Mastercard's good report overshadowed by vague forecast
Mastercard Inc. on Thursday dismissed fears of slower consumer spending growth after a lower-than-expected revenue growth forecast for the last three months of the year overshadowed an upbeat quarter for the U.S. payment system.
31 October 2022
RBA strives for a moderate rate hike, despite high inflation
According to a Reuters poll, on Tuesday, the Reserve Bank of Australia (RBA) will raise interest rates again by a modest 25 basis points, despite the record level of inflation registered for the first time in thirty years.
31 October 2022
Merck lifts full-year forecast as Keytruda sales soar
Merck & Co. reported better-than-expected Q3 sales and earnings Thursday. Those results came on the back of a jump in demand for Keytruda cancer immunotherapy and the human papillomavirus vaccine Gardasil.
31 October 2022
Oil falls as China expands COVID-19 restrictions
According to Reuters agency, the fall in oil prices was fueled by concerns that new coronavirus-related restrictions in China would reduce demand to offset production cuts at the largest US shale oil field.
31 October 2022
US GDP bounces back after contraction in first half of the year
The US economy expanded last quarter, recovering from a contraction in the first half of the year.
31 October 2022
Fed plans to cut rate hikes in December
The U.S. Federal Reserve is expected to cut the pace of interest rate increases as early as the end of the year. On Thursday, it was reported that the economic slowdown has already taken place. According to the reports, it was provoked by the Fed's actions.
31 October 2022
Uber announces first results of partnership with Hertz
An analyst at the Uber company, which provides taxi services, released the first findings on the company’s partnership with Hertz Global Holdings Inc last week. It has already been a year since the beginning of the companies' cooperation on Tesla’s electric vehicles supply.
31 October 2022
Altria starts cooperation with Japan Tobacco to develop the smoke-free products
On Thursday, the management of Altria Group Inc announced the start of cooperation with Japan Tobacco to increase the output of smoke-free products.
31 October 2022
