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According to the statement made on Wednesday by the IEA (International Energy Agency), the global oil demand is forecasted to recover significantly due to China easing its coronavirus-related restrictions. The IEA has also noted that the expected growth will be slightly partially halted by the end of the current year as a result of economic slowdown.

The Organization of the Petroleum Exporting Countries (OPEC) gives forecasts for global oil demand for 2022-2023. The world's largest economies are better than expected, despite rising inflation, as published data says.

Taiwan microchip manufacturer TSMC uses the latest chipmaking technology.

Citigroup Inc expects to sell its consumer business in Mexico or to make an initial public offering, according to the company's chief financial officer. The offering could take place as early as this year.

After more than a year delay, the handovers of Boeing’s aircraft model 787 Dreamliner were renewed, and therefore the volume of jetliner deliveries enlarged last month to the level of 35 aircraft.

The long-awaited "Merge" of the Ethereum blockchain will happen this week. Its main purpose is to reduce enormous energy consumption.

Just a few days after the EMA (European Medicines Agency) approved several boosters, which were specifically aimed at protecting from the old Omicron version BA.1, a new Covid-19 booster developed for targeting the presently spreading versions BA.⅘ have been recommended for use.

Wall Street banks may report improved efficiency ratios by the second half of the year, a key metric that has been previously on a downward trend, analysts said. The reason was the global economic crisis, which affected the income of traditional centers, while costs rose amid struggling talent.

The JPMorgan financial company has purchased Renovite Technologies, aiming at expanding its payments business. The company intends to get its portion of this profitable market, in which large financial companies meet an intense competition from fintech disrupters.

The Federal Reserve Bank of New York released the latest data. From them we can conclude that Americans are expecting a sharp decline in both the long and short term.