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Samsung Plans to Cut Up to 30% of Global Workforce

Seoul, September 11 (FinanceFlashNews.com) – South Korean tech giant Samsung Electronics, the world’s leading manufacturer of smartphones, televisions, and memory chips, is preparing to...

Stellantis to Invest Over $400 Million in Electric Vehicles in the U.S.

Detroit, September 11 (FinanceFlashNews.com) – Automotive giant Stellantis announced a $406 million (€367.65 million) investment in the production of electric vehicles (EVs) in the...

Oil Prices Rise Over 2% on Wednesday Amid Hurricane Concerns

New York, September 11 (FinanceFlashNews.com) – Oil prices surged by more than 2% on Wednesday afternoon, with Brent crude surpassing $70 per barrel. The...

Car Sales in China Drop by 5% in August, Totaling 2.45 Million Units

Beijing, September 11 (FinanceFlashNews.com) – Car sales in China fell by 5% year-over-year in August, totaling 2.45 million units, according to data from the...

UK Economy Stagnates for Second Consecutive Month in July

London, September 11 (FinanceFlashNews.com) – The UK economy stagnated for the second month in a row in July, with no change in output compared...

Inditex, Owner of Zara, Reports Record Profit for First Half of the Year

Madrid, September 11 (FinanceFlashNews.com) – Spanish fashion retailer Inditex, the owner of Zara, posted a record profit for the first half of the current...

EU Overcomes Energy Challenges, Accelerates Transition to Renewables

Brussels, September 11 (FinanceFlashNews.com) – The European Commission (EC) has released its 2024 State of the Energy Union report, highlighting the European Union's successful...

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