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Chinese and Hong Kong Stock Markets Lose Nearly $5 Trillion in Value

Beijing/Hong Kong (TASR) – Stock markets in China and Hong Kong have experienced a dramatic fall in the past three years, with their value...

LG Electronics Reports Mixed Q1 Results: Profit Decline, Record Revenue

Seoul, April 5 (TASR) – South Korean conglomerate LG Electronics saw its operating profit decline by 11% year-on-year in the first quarter of 2024....

Samsung Reports a Whopping 900% Profit Increase!

After last year's declines, tech giant Samsung is back in the game. The company expects a massive 900% increase in operating profit in Q1...

Airbus deliveries increase by 12% in Q1

Paris, April 5 (TASR) - European aircraft manufacturer Airbus delivered 142 aircraft to customers in the first quarter of 2024, representing a 12% year-on-year...

Global Oil Prices Surge After OPEC+ Ultimatum

The recent meeting of the OPEC+ ministerial committee sent shockwaves through the global oil market. While maintaining current production levels, the cartel issued a...

McDonald’s to Buy All of Its Israeli Franchises

Fast food giant McDonald's has announced that it will buy all of its franchised restaurants in Israel. The move comes after the company suffered...

Collapse of Real Estate Giant Signa: Suspicions of Fraud and Concealment

Vienna, April 4, 2024 (TASR) – Austria's Federal Criminal Police Office (BKA) has set up a special investigative commission to focus on the case...

Boeing Settles with Alaska Air for Record $160 Million After Plane Door Flies Off Mid-Flight!

Washington, April 4, 2024 (TASR) - The American aviation giant Boeing has been forced to dig deep into its pockets to compensate Alaska Air...

Tesla Starts Manufacturing Cars for Indian Market in Germany

Berlin, April 4 - Tesla has started production of right-hand drive electric vehicles at its factory in Germany for export to India. This decision...

Dutch Chipmaker ASML at Center of US-China Geopolitical Battle

Washington, April 4 - The US government is trying to convince ASML, a major chipmaker based in the Netherlands, to curtail its activities in...

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