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19 March
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Netflix is revealing its own video game studio
Netflix has announced it is building its first video game studio in Helsinki, Finland, thus expanding its own empire with mobile games.
28 September 2022
Google rejects the idea of co-funding network costs
Alphabet's Google responded categorically Monday to an attempt by European telcos to get the company to co-fund network costs. Company’s comments mentioned the idea originated a decade ago and the organization is already investing millions in Internet infrastructure.
28 September 2022
Consumers are growing more optimistic about the U.S. economy
U.S. consumers confidence improved for the second consecutive month. The fall in gas prices and hopes that inflationary pressure might be starting to ease positively influenced the spirit of the citizens.
28 September 2022
Asian stocks fall resumes as Fed's hawkish speech strengthens US Dollar's high position
The fall in Asian stock markets resumed on Wednesday, as hawkish comments from Federal Reserve officials undermined risk appetite.
28 September 2022
JPMorgan makes a double bet on UK retail bank Chase
According to an announcement made by the CEO of UK retail bank Chase, a well-known Wall Street giant, JPMorgan, is planning to increase the number of the bank’s employees at least up to 2000 workers during two years.
28 September 2022
Inflation expectations remain elevated
The Conference Board found that 12-month average inflation expectations fell to 6.8% in September from 7% in August.
28 September 2022
Australia announces growth in budget revenues due to exports
Australia reported a significant improvement in fiscal year 2022 budget results. Rising commodity prices have brought windfall gains to government coffers while the deficit was A$32 billion ($21 billion), i.e. 1.4% of GDP.
28 September 2022
Intel will present new chips and software
Intel Corporation, aiming to restore its position in the microcircuit industry, presented new processors for personal computers.
28 September 2022
16 Wall Street companies fined over staff messages
16 financial companies, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS, were fined Tuesday by U.S. regulators. The firms have to pay a total of $1.8 billion in fines after it turned out that employees discussed company business on personal mobile phones.
28 September 2022
Strenght of dollar might lead to Fed changing its policy towards softening
The strong U.S. dollar has been “devastating” to other countries of the world, and this might affect the country’s competitiveness and economic activities later, which can cause the Fed to stray from its restrictive monetary policy course. This point of view was voiced by Cathie Wood, Chief executive officer and founder of Ark Investment Management.
28 September 2022
