COVID outbreak at Japanese Toyota factory causes production to slow
A COVID outbreak at one of Toyota's Japanese factories has led to night shift production being shut down. This comes after a slow second quarter for Toyota.
Russian airlines start stripping old jets for parts as sanctions continue
Sanctions against Russia have made it impossible for them to acquire jet parts from abroad or undergo repairs in the West, which has led to Russia stripping old jets for parts.
Chinese companies distance themselves from Taiwan after Pelosi trip fallout
Chinese companies are desperately trying to distance themselves from Taiwan after Nancy Pelosi's trip to the country, which sparked Chinese military drills on the border.
Palantir shares drop by 15% after lowering their expected revenue forcast
One of the largest software companies in the U.S., Palantir, saw their shares plummet by15% Monday morning after the release of their less than expected earnings report.
Qualcomm and GlobalFoundries sign agreement to double chip manufacturing
Qualcomm and GlobalFoundries signed an agreement this week to more than double their chip manufacturing as the U.S. Senate approves $52 billion in chip manufacturing subsidies.
Dorsey-led Block Inc. sees share prices fall as crypto winter sets in
Dorsey-led Block Inc. saw share prices drop nearly 7% premarket after a disappointing earnings report, dragged down by the company's massive bet on Bitcoin as "crypto winter" sets in.
Eastern Europe's economic boom falters as inflation reaches double digits in the region
After the Russian invasion of Ukraine, western Europe's economy faltered, while eastern Europe's economy continued to boom. This is changing as inflation reaches double digits in the region.
Russia bans investors from 'unfriendly countries' from selling shares in Russian energy or banking
Russia has announced a ban on investors from "unfriendly countries" from selling any shares in key energy projects or banks for the remainder of this year.
India looks to strengthen rules around mergers and acquisitions scrutiny
India seeks to tighten the rules around mergers and acquisitions scrutiny as the country has very weak anti-trust laws, leading to unfair competition.
Battle over semiconductor market leads to Chinese buying of chipmaking stocks
The battle between China and the United States over the semiconductor market is heating up, leading to China buying massive amounts of chipmaking stocks.
Russian authorities ramping up rhetoric around 'unfriendly currencies,' considering converting to other assets
Russian authorities are ramping up rhetoric around so-called "unfriendly currencies," such as the U.S. dollar, and calling to convert these currencies to other assets and currencies.
India slows rate of new currency being introduced into its economy
India has slowed the rate of introducing new currency into their economy by nearly half after the economy sees post-COVID rebound. Indian market participants expect another drop this year.
Warner Bros Discovery to announce new streaming strategy after earnings report
Warner Bros Discovery Inc is expected to disclose their new streaming strategy on Thursday during their second-quarter earnings report.
If passed, Senate bill would give oversight of bitcoin and ether to commodities regulator
A new bill that's currently making its way through the senate would make the Commodity Futures Trading Commission the direct regulator of bitcoin and ether if passed.
Romanian Black Sea port finally receives its first shipment of Ukrainian grain amid food crisis
After months of a food crisis across eastern Europe, the first Ukrainian shipment of grain since the beginning of the Russia-Ukraine conflict has finally arrived in Romania.
Mexican airlines could hit turbulence if US recession fears worsen
As U.S. recession fears worsen, Mexican airlines are bracing for turbulence as US tourism makes up for a large part of their business and a recession would lead to less Americans traveling.
Researchers discover how to delay the decay of cells and tissue, restore function
Researchers have discovered a way to delay the decay of tissues and cells after death and even restore function to those cells. This is promising for organ transplant survivability.
Forecasted sales for Moderna COVID vaccine remain unchanged despite COVAX program cutting orders
Moderna COVID vaccine sales forecast remains unchanged, even as the COVAXvaccine sharing program cuts orders. Moderna plans on having their BA.4 and BA.5 boosters ready by fall.
Airbus strikes remaining A350 jets from deal with Qatar Airways
Qatar Airways is suing Airbus for at least $1.4 billion after Qatar had to ground more than 20 Airbus long-haul jets after they were deemed unsafe for flight by Qatar's regulator.
Newly approved monkeypox vaccine by Japan's KM Biologics sees immediate overseas demand
A new monkeypox vaccine, manufactured by KM Biologics Co, a Japanese pharmaceutical company, is garnering overseas interest as the disease spreads around the globe.



















