Other news

The COVID-19 pandemic is slowly coming to a halt. Masks are now unnecessary in most public places, transportation and municipalities. Vaccination rates have stabilized.

On November 1, the sale of a part of British government bonds will start, as announced by the Bank of England. At the same time, long-term securities caught in the epicenter of the recent storm in the UK government bond market will not be sold this year.

The Bank of Canada is expected to decide to raise the overnight interest rate at a meeting. This time the increase will be less than the previous one, it’s expected to be 50 basis points.

Walmart introduced a new platform for influencers — Walmart Creator. On Tuesday, the retail giant announced the launch of a beta version of the platform that allows social media influencers to earn money by sharing and promoting Walmart products.

Boeing’s 737 MAX airplanes, which were initially planned for customers from China, have been recently offered to Indian company Air India Ltd.

Japanese authorities warned of a sharp yen decline against the dollar once again.

The U.S. economy may fall back into recession next year. This is stated by David Solomon, Goldman Sachs CEO, in an interview with Reuters. However, there is a chance of the regulator restraining inflation without crippling the country’s economy.

According to a Reuters poll data, In order to curb inflation, the European Central Bank is preparing for the second time a major rate hike at the upcoming monetary policy meeting. This time, the plan is to raise rates by 75 basis points.

Oil prices have grown during early trade in Asian markets on Wednesday, reducing losses recorded on the previous session. The decline was reasoned by various announcements on the U.S. crude oil stocks decrease.

After Netflix released its third-quarter earnings report, which beat earnings and revenue forecasts, while the number of subscribers also beat expectations, Netflix's stock price rose in after-hours trading.