Global business news today
Here are some of the top global business news stories from today:
Market Updates
- The Dow Jones Industrial Average fell 0.4% to 33,147.25, while the S&P 500 declined 0.3% to 4,134.19. The Nasdaq Composite dropped 0.5% to 12,644.95. (Source: CNBC)
- European stocks were mixed, with the Stoxx Europe 600 index rising 0.1% to 444.14. The UK's FTSE 100 index fell 0.2% to 7,444.14. (Source: Bloomberg)
Economic News
- The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth. The unemployment rate remained at 6.2%. (Source: Bureau of Labor Statistics)
- The European Central Bank (ECB) kept interest rates unchanged and announced a new stimulus package to support the region's economy. (Source: ECB)
Company News
- Tesla (TSLA) announced a 21% increase in its vehicle deliveries in the first quarter, beating expectations. (Source: Tesla)
- Amazon (AMZN) announced a 21% increase in its first-quarter revenue, driven by strong sales of its cloud computing services and advertising business. (Source: Amazon)
- Boeing (BA) announced a $6.5 billion settlement with the US government to resolve a dispute over the 737 MAX jetliner. (Source: Boeing)
Industry News
- The global oil market is experiencing a shortage of refined products, leading to higher prices and tighter supplies. (Source: Bloomberg)
- The US Federal Trade Commission (FTC) is investigating Google's (GOOGL) acquisition of Fitbit, citing concerns over competition in the wearables market. (Source: FTC)
Regulatory News
- The European Union is considering a new set of regulations to curb the use of cryptocurrencies and prevent money laundering. (Source: EU)
- The US Treasury Department is proposing new rules to require foreign companies to disclose their ownership structures and financial information. (Source: US Treasury)
These are just a few of the top global business news stories from today.