Other news

The rating agency Standard & Poor's has revised the outlook on the UK's AA sovereign credit rating and has lowered it to "negative" from "stable". The experts’ decision was influenced by Liz Truss's plan for tax cuts to boost the economy as they believed it could result in the growth of the sovereign debt.

According to a commentary given by analysts at BTIG, McDonald’s shares are generally positively estimated by specialists, with the assignment of a Buy rating and the determined stock price target of $280.

Despite the fact that the new-issue market has almost collapsed, Intel Corp's subsidiary Mobileye has announced that it has filed for an initial public offering in the United States.

Japanese Finance Minister Shunichi Suzuki urged investors not to sell the yen. The minister said Japan was ready for "decisive" measures in case of a further decline in the Japanese currency.

Tesla CEO Elon Musk presented a model of a humanoid robot called Optimus. Musk said the world's largest electric vehicle maker could produce millions of units and sell them for up to $20,000, which would be within a third of the cost of the electric vehicle itself.

Cost of Nike securities decreases because of the awaited price squeeze.

Moderna Inc, an American pharmaceutical company located in Cambridge, Massachusetts, hasn’t approved the transfer of its intellectual property rights for the developed mRNA vaccine against COVID-19 to China.

According to Morgan Stanley, the volume of cross-border travel by Visa in August reached 115% compared to 2019, when this volume was 94%.

An e-commerce giant, Amazon.com Inc., will probably close almost all of its call centers in the US, except for one. Hundreds of office employees will be transferred to remote work in order to cut the company’s rental expenses.

As the world continues to fight the COVID-19, China is still following its tactics, showing zero spread of the virus. Country’s economy, in turn, is experiencing negative consequences from restrictions related to the pandemic.