11.05.2022
News of the day, Wednesday, May 11
UST stablecoin has lost its peg to the dollar. The cryptocurrency has dropped to $0.60. Treasury Secretary Janet Yellen has expressed concerns about the risks to the financial system.
Holiday group TUI expects to become profitable in 2022 as travel demand restores after the pandemic. The company has announced the possibility to restore profits to a nearly pre-pandemic level.
Panasonic Corp expects flat operating profit growth as component supply shortages and soaring material costs put a lid on the industry development.
Tesla Inc made its first exports from the Gigafactory in Shanghai, China, after weeks of strict COVID-19 lockdowns.
The new EU legislation will force Apple to allow third-party applications on iOS devices and allow other platforms to use iMessage. The new legal conditions are expected to come into force in October 2023.
The price of Brent crude is $105.26, WTI — $102.65, GBP/USD — 1.2349, EUR/USD — 1.0556, and gold costs $1847.50 per ounce.
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