Other news

On Thursday, there was a report from analysts.

U.S. Exxon Mobil Corp has signed an agreement to sell its refinery in Billings, Montana, and associated pipelines to Par Pacific Holdings Inc. for $310 million.

Moderna Inc's COVID-19 booster vaccine, aimed at the BA.1 Omicron strain, elicits a powerful immune reaction against this subvariant, keeping antibodies at a high level for at least three months, as reported by the company.

Profits of US card companies are expected to rise. This is attributed to the fact that, despite high inflation, travel demand is rising, which contributes a lot to the companies’ revenue.

Despite repeated claims of Japanese officials to intervene in order to stabilize the currency market, the yen broke through the psychological level of 150 to the dollar. This was the first time in more than 30 years.

Inflation in Japan has reached 3% for the first time in three decades, which only reinforced doubts about the need for further central bank stimulus for the currency.

As part of JPMorgan's policy and regulatory efforts, Aaron Iovine, the former head of the bankrupt Celsius Network, has been hired to lead the cryptocurrency regulatory department.

Throughout this year, leading economists, as well as the giants of Wall Street, have been persistently warning about the upcoming recession.

India's antitrust watchdog has ordered Google to reconsider their approach to Android platforms. Using unfair competition practices led to the company’s fine of 13.38 billion Indian rupees ($161.95 million).

According to Sean Edgett, Twitter has no plans for major layoffs after Elon Musk deal is closed.