State television reported that Ayatollah Ali Khamenei, Iran’s Supreme Leader, pardoned “tens of thousands” of prisoners on Sunday, including many Iranians arrested during recent protests against the Islamist regime.
Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, gained nearly a fifth on the New York stock exchanges on Thursday.
Sony has raised its profit forecast for this year. The Japanese tech company expects strong results in the games sector, partly because the yen exchange rate will drive profits from foreign sales.
Foldable screens have been hip for several years with brands such as Samsung and OPPO, but Apple has remained averse to this hype until now.
US Secretary of State Antony Blinken has called on Israel and Palestine to avoid further exacerbating tensions between the two countries. He did so on Monday during his visit to Tel Aviv.
Russia’s economy is likely to shrink by 2.5 percent in 2022. So said Russian President Vladimir Putin. But, according to the president, the economy did better than most experts had expected.
Gas prices can fluctuate wildly back and forth for years to come because there will be too little supply to meet all demand for a long time. Saad al-Kaabi, the energy minister of Qatar, made this prediction during a conference in the neighbouring United Arab Emirates.
JPMorgan Chase, the largest bank in the United States, posted more profit in the past quarter. The bank benefited, among other things, from the higher interest rates, which resulted in a substantial increase in interest income.
High inflation had little influence on the popularity of expensive cars last year. Sports car manufacturer Porsche sold more cars in 2022 than a year earlier.
Virgin Orbit, the famous British billionaire Richard Branson’s aerospace company, fell hard on the stock exchanges in New York on Tuesday. The stock fell 22 percent after the company’s failed first space rocket launch from Western Europe.
