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An increase of the indicator value may contribute to the rise in quotes of AUD.

29 September
Moderna refused to reveal its vaccine technology to China

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.

3 October 2022
Visa demand trends are positive

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

3 October 2022
Amazon will close almost all of its call centers in the US

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.

30 September 2022
China's economy suffers from anti-COVID measures

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.

30 September 2022
First half of the year showed the decline of the U.S. economy and the stability of the labor market

A preliminary forecast by the U.S. Department of Commerce has been confirmed.

30 September 2022
Google shuts down Stadia games streaming service 3 years after launch

Google has announced it is shutting down its cloud gaming service Stadia after unsuccessful attempts to gain popularity among users.Google Alphabet Inc. presented the Stadia platform as a challenge to the giants of gaming consoles. The service allows you to run games on devices such as Android or use the Chromecast application for TVs, sending data directly from Google server clusters. A subscription to Stadia cost $10 per month.

30 September 2022
Walmart is challenging inflation concerns. Forecasts for the year have improved

Despite high inflation and supply chain challenges, Walmart, one of America's largest retailers, saw a significant increase in sales in the second quarter of this year.

30 September 2022
Germany plans to borrow €200 billion to cope with gas price spike

Germany introduced plans to take on another €200 billion ($195 billion) in debt to finance a program aimed at limiting the influence of rising energy prices on the economy.

30 September 2022
Central Bank of Mexico increased the rate to 9.25%

On Thursday, the Central bank of Mexico increased the credit rate to the maximum level.

30 September 2022
Dollar strengthening causes Nike to cut sales

Nike is suffering declining revenues due to increasing logistics costs and strengthening of the U.S. currency. The company is now selling its excess inventory, spurring the sale with discounts.

30 September 2022