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Asian E-commerce Giants Challenge German Footwear Market, Threaten Local Retailers

Düsseldorf, September 7 (FinanceFlashNews) - German shoe retailers and manufacturers are grappling with stiff competition from Asian e-commerce platforms, reported the German Retail Association...

Airbus Faces Uphill Battle to Meet Annual Delivery Goals After August Slump

Paris, September 7 (FinanceFlashNews) – Airbus delivered fewer than 50 aircraft in August, a sharp decrease from the 77 aircraft delivered in July, complicating...

Serbia and Russia to Begin Gas Supply Extension Talks Soon

Belgrade, September 7 (FinanceFlashNews) – Serbia and Russia are set to begin negotiations soon to extend their natural gas supply agreement, which is due...

UK House Prices See Sharpest Rise in Nearly Two Years After Interest Rate Cuts

London, September 7 (FinanceFlashNews) – UK house prices saw their steepest rise in nearly two years this August, following a reduction in interest rates...

Toyota Cuts 2026 EV Production Target by a Third

Tokyo, September 6 (FinanceFlashNews) – Japanese automaker Toyota has slashed its 2026 global production target for electric vehicles (EVs) by a third. According to...

China Prioritizes Investments Over Debt Relief, Commits $50.7 Billion to Africa

NAIROBI/BEIJING, September 7 (FinanceFlashNews) – China has opted to focus on fresh investments rather than sweeping debt relief for African nations, announcing a commitment...

Swiss Consumer Confidence Plummets in August, Worse Than Expected

Bern, September 7 (FinanceFlashNews) – Swiss consumer confidence took a significant hit in August 2024, falling more sharply than analysts predicted. According to the...

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