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15 July
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Swedish Match long-term shareholder opposes deal with Philip Morris
Philip Morris International Inc made the "best offer" to acquire Swedish Match AB. It was set to pay 116 Swedish crowns ($10.53) per share. Framtiden Partnerships, a Swedish Match shareholder for nearly two decades, said it would reject the deal.
2 November 2022
Energy crisis can provoke quick deindustrialization of Europe
This month the level of manufacturing activity in the Eurozone fell to its lowest point since May 2020. This suggested that the countries of Europe are approaching a recession.
2 November 2022
BOJ admits the possibility of moving away from yield curve control policy in the future
Bank of Japan Governor Haruhiko Kuroda says that a change in monetary policy in Japan is possible, but in the future. For now, the Bank of Japan is sticking to its yield curve control (YCC) policy.
2 November 2022
J&J buys Abiomed for $16.6 billion
U.S. Johnson & Johnson inked a deal Tuesday to buy heart pump company Abiomed Inc for $16.6 billion in cash, according to Reuters, as the company seeks to boost its medical device business following a planned spin-off of its over-the-counter drugs unit next year.
2 November 2022
Gold is rising ahead of the Fed’s decision on the interest rate
According to Investing.com, today, on November 2, gold prices have increased due to the dollar’s stabilization ahead of the Fed meeting conclusion. Many expect that at this meeting the Fed will raise interest rates by 0.75% again.
2 November 2022
Apple's App Store Revenue Declines
On Thursday, analysts of BofA Securities published a note indicating that Apple's shares still have a neutral rating and the $160 price target. Investors announced that App Store revenues declined in comparison with the previous year.
2 November 2022
Disney will try to combine streaming and shopping
Walt Disney announced that it intends to test the viability of selling the thematic merchandise along with some Disney+ shows and movies.
2 November 2022
Tesla sends workers from Shanghai plant to boost production in Fremont
Tesla recently announced that the project to expand production capacity at its Shanghai plant had been completed. The American electric car manufacturer is currently sending engineers and production staff from its Shanghai plant in an effort to increase production in Fremont, California.
2 November 2022
Uber revenue beats estimates
The company’s revenue rose 72% to $8.34 billion and adjusted profit was $516 million, both beating estimates.
2 November 2022
The number of US job openings rose unexpectedly
The number of vacancies in the United States suddenly increased in September. It was a surprise to economists who had expected job openings to fall amid aggressive Fed action aimed at cooling the economy.
2 November 2022
