Other news

The Philip Morris International company has filed a bid to purchase Scandinavian tobacco products manufacturer Swedish Match. The deal, valued as $16 billion, is expected to be approved by the EU antitrust authorities by the end of October.

Amazon suspends retail hiring until the end of 2022.

Last Monday, significant increasing of S&P 500 was registered, which was connected to a possible prospect of the Fed slowing down its pace of interest rate hikes. Such hopes were driven by noted signs of economic growth getting slower.

September has been the third consecutive month of rapid decline in UK manufacturing output. As a result of falling foreign demand, the amount of orders also fell significantly.

The U.S. Congress was recommended to enact a law for a cryptocurrency and digital asset regulation, as well as the control of the associated risks that might possibly cause damage to the financial system of the country.

Last week overnight deposits at the Swiss National Bank (SNB) dropped by 77.5 billion Swiss francs ($78.32 billion). It might be a signal of the central bank changing its’ monetary policy into a more tightened one.

UnitedHealth Group completed the acquisition of Change Healthcare. Earlier, the company won court approval, defeating a Justice Department lawsuit in federal court. The agency strived to block the deal to acquire Change Healthcare for $13 billion.

Apple Inc has filed to renew an application in an attempt to invalidate 3 of Qualcomm Inc's smartphone patents.

Due to reduction in new orders, caused by aggressive interest rate hike delivered by the Fed, the pace of manufacturing growth registered in the U.S. this September was the slowest over nearly 2 and a half years. The rate hike was aimed at cooling the demand and inflation curbing.

The cost of oil has increased, as members of OPEC + decided on Wednesday to cut the production of this energy source.