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Thursday, October 10, 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...

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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

Rising Costs for Slovakia and Hungary as They Continue Russian Oil Imports Despite Sanctions

Slovakia and Hungary to continue importing Russian oil from Lukoil despite Ukrainian sanctions. The new contract will increase costs by approximately $1.50 per barrel due...

Significant Drop in German Grain Harvest Due to Persistent Rain

Harvest Decline: Germany's grain production fell to 39.3 million tons in 2024, down from 42 million tons in 2023, according to Deutscher Bauernverband (DBV). Impact...

China and Russia to Strengthen Cooperation in the Energy Sector

Enhanced Collaboration: China and Russia have agreed to strengthen cooperation in oil and mineral exploration, extraction, processing, and transportation. Nuclear Partnership: The two nations will...

U.S. Job Growth Slows Significantly, Falling Short of Expectations

The U.S. economy added 818,000 fewer jobs between April 2023 and March 2024 than initially estimated. Revised data indicates an average monthly job growth of...

H&M to Close Afound Online Store by Year-End Due to Low Demand

H&M will shut down its Afound online store by the end of this year due to insufficient demand. The decision was influenced by brands increasingly...

Canadian Banks to Increase Provisions for Credit Losses by Over a Quarter

Six largest Canadian banks are expected to allocate over CAD 4 billion in credit loss provisions for Q3 Projected 27% year-over-year increase driven by rising...

Sunflower Oil Surpasses Olive Oil as the Top Choice in Spanish Kitchens

Rising prices of olive oil in Spain have driven consumers to opt for cheaper alternatives like sunflower oil Spain, the world's largest producer of olive...

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Gold Prices Could Rise, Warns Investment Expert

Investment expert Ryan McIntyre from the investment firm Sprott...

US Employment and Wages: July 2024 Report

August 8, 2024 (FinanceFlashNews) - The latest employment report...

Core Inflation in Japan Accelerates, But Key Core-Core Inflation Slows

Core inflation in Japan, which excludes fresh food prices,...