As the global semiconductor chip shortage drags on, various firms are responding to supply challenges with various strategies. Now that 2022 is drawing closer, companies in the chip manufacturing industry seem to be gearing up for greater competition.
The Bank of England will decide on Thursday whether to raise interest rates in a policy decision that is considered the most elusive to predict in years, with policymakers split over a lack of data to help form an intelligent opinion.
Five supermajors plan to release earnings on Thursday & Friday and it's expected reports will show roughly $29 billion in free cash flow - the most since 2008. This could be due to a strong demand for crude, natural gas and chemical price surges, and a rebound in refineries.