Reporting season is heating up and the 4 largest US companies by cost are among those reporting their results this week. The U.S. will release third quarter GDP data, which is expected to show a return to growth after a technical downturn in the first half of the year. The European Central Bank is expected […]

The international rating agency Moody’s confirmed the rating of the UK at the level of “Aa3”, changing its outlook to “negative” from “stable”. Deterioration of the forecast is due to “the growing unpredictability of the country’s political course in the context of deteriorating growth prospects and high inflation,” according to the press release of Moody’s. […]

China’s GDP grew by 3.9% in the third quarter compared to the same period last year, Reuters writes with reference to the data published by Beijing. The Chinese economy is recovering faster than expected: economists surveyed by the agency forecasted GDP growth in July-September by 3.4%. In the second quarter of 2022, the Chinese economy […]

French mining company Imerys has announced its intention to launch the development of “one of the largest” lithium deposits in Europe. It is located in the commune of Beauvoir (Normandy, France) and, according to the company’s calculations, will be capable of producing up to 34,000 tons of lithium hydroxide per year for at least 25 […]

Renowned stock investor Katie Wood, who manages the Ark Invest funds she founded, is a big fan of bitcoin and cryptocurrencies in general. Speaking on Peter McCormack’s “What Bitcoin Did” podcast on Monday, Katie Wood talked about her first position in BTC, stating that she bought $100,000 worth of bitcoin when the cryptocurrency was worth […]

WhatsApp has been experiencing its first large-scale global disruption since last year for several hours. Users of the messenger WhatsApp (owned by Meta, whose activities were recognized as extremist and banned in Russia) reported a failure in its work, according to the data of the service for tracking the work of Internet resources Downdetector. By […]

The Vedomosti newspaper reports that banks are short of gold investment bars amid a sharp increase in demand for them on the part of the population. Andrei Vasiliev, executive director of Uralsib’s precious metals operations department, told the newspaper that there is a shortage of bars because of the limited production capacity of refineries that […]

The Bank of Japan left unchanged the main parameters of monetary policy (MPC) at the end of the two-day meeting on Friday. Short-term interest rate on deposits of commercial banks in the Central Bank remained at minus 0.1% per annum, the target yield of ten-year government bonds – about zero, according to the statement of […]

The capitalization of US technology giants has fallen by almost $800 billion, and Ilon Musk as the owner of Twitter fired the social network’s executives – these and other important news for the morning of Friday, October 28, in our daily review. Over the past week, the largest technology companies have depreciated by almost $800 […]

The U.S. stock market fell on Wednesday as the outcome of the U.S. midterm elections was still unclear, although it looked like Republicans would take control of the House of Representatives. A divided government means more gridlock in Washington as lawmakers are forced to compromise or block each other’s programs. That increases the likelihood that […]

The withdrawal of foreign companies from the Russian market will severely affect competition in the country, and even the acquisition of assets by Russian managers will not cover the loss of the economy from this, according to Sberbank CEO German Gref. About it writes RBC. “I do not evaluate well the departure of foreign vendors […]

The dollar declined in early European trading on Wednesday, giving back some of its gains from the previous day ahead of the release of key U.S. inflation data. At 03:00 Eastern Time (08:00 GMT), the dollar index, which tracks its exchange rate against a basket of 6 other currencies, was trading 0.1% lower at 110.340, […]

The cost of December futures for Brent crude oil on the London-based ICE Futures exchange fell by 0.5% to $91.89 per barrel. The price of Brent crude oil fell below $92 per barrel for the first time since October 31. The price of WTI crude futures on the New York Mercantile Exchange falls 1% to […]