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Wednesday, October 9, 2024

Breaking news:

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

Majority of Non-Food Products in Russia Still Dependent on Imports

More than 50% of non-food products in Russia are imported. With imported components, this figure increases to 70% or more. Annual investment in foreign...

EC Rejects Slovakia and Hungary’s Request for Consultations with Ukraine Regarding Sanctions on Lukoil

The European Commission (EC) rejected Slovakia and Hungary's request to mediate consultations with Ukraine regarding sanctions imposed on the Russian oil producer Lukoil. Ukraine has...

New Study Highlights Weakening in the Global Automotive Industry

German automakers report an 18% drop in EBIT for the first half of 2024. Japanese manufacturers see a 37.1% profit increase due to yen depreciation. Global...

French Industrial Sentiment Rises More Than Expected in August

Industrial confidence in France improved more than anticipated in August, with the index rising to 99 points from July's 43-month low of 95 points. Economists...

French Industrial Sentiment Rises More Than Expected in August

French industrial confidence improved in August, with the index rising to 99 points from July's 43-month low of 95 points. Economists had expected a smaller...

UK Consumer Sentiment Held at Nearly Three-Year High in August

UK consumer confidence remained at its highest level since September 2021, with the GfK index steady at -13 points in August. Optimism was driven by...

Nestlé Shares Drop 2.5% Following CEO’s Unexpected Resignation

Nestlé shares fell by over 2.5% in early trading after CEO Mark Schneider's surprise resignation. Laurent Freixe, previously head of Nestlé's Latin American division, has...

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Archive

Global Economic Outlook Deteriorates, Markets Likely to Face Turbulent Times

Central banks worldwide are preparing for shifts in monetary...

US Stock Market Trends: August 8

US Stocks Rebound Amid Mixed Earnings Reports and Market...

Apple’s iPhone Sales Decline by 10% in Q1 2024

American tech giant Apple faced its steepest decline in iPhone sales...