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BYD Announces Construction of New Auto Manufacturing Plant in Pakistan

BYD plans to enter the Pakistani market with electric vehicles. A new manufacturing plant in Karachi is scheduled to begin operations in 2026. The company will...

Media Tycoon and Billionaire Silvio Santos Passes Away at 93

SAO PAULO (FFN) – Brazilian media mogul Silvio Santos, who rose from a humble street vendor to become the owner of a vast business...

Consumer Confidence in the U.S. Rises in August; Inflation Expectations Steady

Washington, August 17 (FFN) – U.S. consumer confidence saw a notable increase in August 2024, surpassing analysts' expectations, while inflation expectations remained unchanged, according...

UK Retail Sales Rise in July Amid Improving Consumer Confidence

London, August 16 (FFN) – UK retail sales increased by 0.5% in July compared to the previous month, recovering part of the losses from...

Employment in Germany Rises in Q2

Wiesbaden, August 16 (FFN) – The number of employed persons in Germany continued to grow in the spring. In the second quarter of this...

Oil Prices Decline Despite Weekly Gains, Market Eyes U.S. Economic Data

Singapore, August 16 (FFN) – Oil prices dipped on Friday morning, but they are still on track for a weekly gain, marking the second...

Walmart Beats Market Expectations in Q2, Raises Full-Year Revenue Forecast

New York, August 15 – Walmart, the largest retailer in the United States, has once again surpassed market expectations with its second-quarter financial results....

Alibaba Struggles as Profits Plummet 29% in Q1

Beijing, August 15 - Chinese e-commerce titan Alibaba faces a rough ride as profits plunged 29% in the first quarter of fiscal year 2024....

Justice Department Endorses $487M Fine for Boeing Over 737 MAX Crashes

Washington, August 15 (FFN) – The U.S. Department of Justice has officially endorsed a settlement agreement that imposes a $487.2 million fine on Boeing...

Japan’s Economy Grows by 3.1% in Q2 2024

Tokyo, August 15 (FinanceFlashNews) — Japan's economy experienced a year-over-year growth of 3.1% in the second quarter of 2024, following a decline of 2.3%...

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