(University of Michigan) US consumer sentiment fell in early January, with the index down 2.5% to the second-lowest in a decade of 68.8. The fall in consumer sentiment reflected concerns…
(JPMorgan) JPMorgan Chase reported a record $48.3 billion net profit in the financial year 2021 on the back of investment banking increase and lower loan losses. In the fourth quarter…
(ONS) The UK posted a trade deficit of 9.3 billion pounds in the quarter to November 2021, up by 2.8 billion pounds. The widening deficits in the three months reflected…
(Bloomberg) Macau has come up with a proposed law that will allow a maximum of six casinos to operate for a term of 10 years, redeemable for another 3 years.…
(Eurostat) Euro area posted a trade deficit of 1.5 billion euros in November 2021, the first negative balance since January 2014 and a fall from a surplus of 25 billion…
(Reuters) Meta’s social media giant Facebook is targeted in a class-action lawsuit in the UK over market dominance that could lead to a fine of up to 2.3 billion pounds…
(NBS) China posted a trade surplus of $676.43 billion in 2021, up from $523.99 billion in the prior year and the highest on the series record since 1950. In the…
(CNBC) US chip giant Nvidia is riding on new successes in China as top EV startups, including Nio and Xpeng, turn to it for their supplies to rival market leader…
(Tesla) Tesla has said it will accept Dogecoin payments for certain products at its stores, saying they are not allowing any other crypto. The company says shoppers can purchase the…
(Bloomberg) Ford Motor Co. shares rose up to 3.84% on Thursday to trade at $25.40 apiece, helping the company to top the $100 billion market capitalization. The new milestone by…
(Virgin Galactic) Shares of Virgin Galactic plunged more than 15% on Thursday after the company said it eyes $500 million debt. The company will float $425 million convertible senior notes…
(Department of Labor) US jobless claims for the week that ended January 8 totaled 230,000, up 23,000 from the previous week. On a four-week moving average, jobless claims rose by…