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15 July
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Amazon invests $150 million in outside venture capital funds
Amazon.com Inc. will invest in outside venture capital funds for the first time.
6 October 2022
General Electric fires wind energy department employees
General Electric Co. is laying off staff at its onshore wind power plant within a plan to restructure and reshape the enterprise that is struggling with weak demand, mounting costs, as well as supply-chain delays.
6 October 2022
Google expands its presence in Africa
Google has planned a cloud service in Africa as part of a plan to invest about $1 billion.
6 October 2022
Fitch lowers the UK credit outlook to negative
Fitch Ratings has lowered the UK's credit outlook to negative from stable.
6 October 2022
Deal between Microsoft and Activision may be approved by the end of November
The U.S. Federal Trade Commission (FTC) may come to a decision on the deal between Microsoft and Activision by the end of November. Earlier, the Microsoft company has offered to acquire Activision for $69 million.
6 October 2022
Gas crisis will get worse in February-March 2023
Natural gas reservoirs in Europe will be emptied during the heating winter season
6 October 2022
There’s a 50-50 chance of pound reaching parity with dollar
According to a poll conducted by Reuters, the pound sterling is expected to strengthen over the following year, with a projected volume of growth being by about 3.6%. Still, there was no consensus among the analysts on whether there would be a parity reached between the pound sterling and the U.S. dollar towards the year’s end.
6 October 2022
Mastercard to launch crypto fraud-tracking service
Mastercard announced the launch of Crypto Secure, a new crypto security platform. It will allow banking institutions to identify and block fraud-prone transactions from cryptocurrency exchanges.
6 October 2022
U.S. inflation still a problem, interest rates will rise
On Wednesday, Mary Daly, CEO of the Federal Reserve Bank of San Francisco, noted that the U.S. central bank plans to cope with inflation by raising interest rates once again.
6 October 2022
Oil continues to rise as OPEC+ countries cut production
Following decision OPEC+' to cut oil supplies even further in the context of an agreement to cut production by about 2 million bpd, oil prices continued to rise.
6 October 2022
