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Wednesday, October 9, 2024

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SpaceX Holds $500 Million in Bitcoin, Alongside Tesla’s Crypto Holdings

September 14, 2024 – Elon Musk’s space exploration company, SpaceX, has amassed a notable Bitcoin stash worth approximately $500 million, according to recent data shared...

Second-Hand Market Booming in Austria: Consumers Spend Hundreds Annually

Vienna, September 14 – Austria's second-hand market is experiencing a significant boom, with more and more consumers turning to used goods. According to a...

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Gold Hits Record High as Dollar Falls to Year’s Low Against Yen

Tokyo, September 14 – The U.S. dollar dropped to its lowest level this year against the Japanese yen...

Investor Sentiment in Eurozone Falls to 8-Month Low in September

Investor sentiment in the eurozone dropped to -15.4 points in September, the lowest level since January 2024. Concerns over...

Motivation

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Boeing Announces Cost-Cutting Measures Amid Strike

Seattle, September 17, 2024 – In response to the ongoing strike by its largest union, Boeing has implemented a series of cost-cutting...

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Latest Articles

Global Economic Outlook Deteriorates, Markets Likely to Face Turbulent Times

Central banks worldwide are preparing for shifts in monetary policy, signaling potential volatility in financial markets. Concerns over slowing growth, labor market risks, and economic...

Uber Fined €290 Million in the Netherlands for GDPR Violations

The Dutch Data Protection Authority has fined Uber €290 million for illegally sharing driver information in violation of GDPR. Uber has contested the fine and...

Current Interest Rates Are Too High for the U.S. Economy

Monetary policy in the U.S. is described as "quite strict" by the Chicago Fed President Austan Goolsbee and may be adjusted in the near...

UAE Calls for Consular Support Following Telegram CEO Pavel Durov’s Detention in France

The UAE demands immediate consular assistance for Pavel Durov, detained in France over alleged criminal violations linked to Telegram. French authorities maintain that the detention...

Saxo Bank: Threat of Cocoa Shortage Keeps Prices Well Above Long-Term Average

Cocoa prices remain well above the long-term average due to the threat of shortages caused by adverse weather and crop diseases. In April, cocoa prices...

Uniper Unveils Hydrogen Storage Pilot Project in Germany

Uniper, Germany's largest gas storage operator, has unveiled a hydrogen storage pilot project in the East Frisia region. The project aims to test the feasibility...

Nornickel Reports Nearly One-Third Drop in H1 Profit

Nornickel's profit fell by nearly 30% in the first half of the year due to low prices and logistical challenges. The company's revenue dropped by...

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Bitcoin Plunges Nearly 8% Following Iranian Attack on Israel: Investor Risk Appetite Wanes

Bitcoin prices tumbled sharply on Sunday, falling nearly 8%...

Berkshire Hathaway of Legendary Investor Warren Buffett Reduces Stake in Apple

London, May 4, 2024 (Financeflashnews) – The renowned investor...

Founder of Crypto Exchange FTX Sentenced to 25 Years for Fraud

New York, March 28 – Sam Bankman-Fried, the founder...