Business news extra

Here are some extra business news updates:

Global Economy

• The International Monetary Fund (IMF) has cut its global economic growth forecast for 2023, citing rising inflation and interest rates. (Source: Reuters)
• The World Bank has warned that the global economy is facing a "perfect storm" of challenges, including high inflation, supply chain disruptions, and climate change. (Source: Bloomberg)

Tech and Startups

• Elon Musk's SpaceX has raised $1.9 billion in funding, valuing the company at over $100 billion. (Source: CNBC)
• Indian e-commerce company Flipkart has raised $3.6 billion in funding, valuing the company at over $30 billion. (Source: The Economic Times)

Finance

• The US Federal Reserve has raised interest rates by 0.25%, citing rising inflation and a strong economy. (Source: The New York Times)
• The European Central Bank has also raised interest rates, citing inflation concerns. (Source: Financial Times)

Energy and Environment

• The price of oil has fallen to its lowest level in over a year, due to concerns over global demand and supply. (Source: The Wall Street Journal)
• The European Union has proposed a ban on the sale of new internal combustion engine cars by 2035, in an effort to reduce carbon emissions. (Source: The Guardian)

Retail and Consumer Goods

• Amazon has announced plans to launch a new grocery store chain, called Amazon Fresh, which will offer same-day delivery and online ordering. (Source: CNN)
• Walmart has announced plans to acquire a majority stake in Indian e-commerce company Flipkart, in a deal worth over $16 billion. (Source: The Economic Times)

Healthcare

• Pfizer has announced plans to acquire biotech company BioNTech, in a deal worth over $11 billion. (Source: The New York Times)
• The US FDA has approved a new treatment for Alzheimer's disease, developed by pharmaceutical company Biogen. (Source: The Wall Street Journal)

Automotive

• Tesla has announced plans to launch a new electric pickup truck, called the Cybertruck, which will have a range of over 500 miles. (Source: CNBC)
• Volkswagen has announced plans to launch a new electric SUV, called the ID.4, which will have a range of over 300 miles. (Source: The Verge)

I hope you find these updates interesting and informative!