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Inflation in the U.S. Drops to 2.5% in August

Washington, September 11 (FinanceFlashNews.com) – U.S. inflation slowed down in August to 2.5% year-over-year, the lowest rate in 3.5 years, according to the U.S....

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...

German Unions Reject UniCredit’s Potential Takeover of Commerzbank

Frankfurt, September 11 (FinanceFlashNews.com) – The German labor union Verdi has strongly opposed a potential takeover of Commerzbank by its Italian competitor UniCredit. Stefan...

Amazon to Invest £8 Billion in UK Data Centers

London, September 11 (FinanceFlashNews.com) – Amazon plans to invest £8 billion ($9.49 billion) over the next five years to build, operate, and maintain data...

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