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Intel will receive a $3.2 billion grant from the Israeli government for building a $25 billion chip plant in southern Israel, marking the largest investment ever made by a company in the country.

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Spanish Oil Company Repsol Under Investigation by Antitrust Watchdog

Spanish Oil Company Repsol Under Investigation by Antitrust Watchdog

2023-12-26
X Corp Ordered to Pay Millions in Unpaid Bonuses, Says US Judge

X Corp Ordered to Pay Millions in Unpaid Bonuses, Says US Judge

2023-12-26
Expect Less Spending: £3.7bn on Boxing Day, 3% Lower This Year

Expect Less Spending: £3.7bn on Boxing Day, 3% Lower This Year

2023-12-26
AstraZeneca to Buy Chinese Biotech Gracell for Up to $1.2 Billion

AstraZeneca to Buy Chinese Biotech Gracell for Up to $1.2 Billion

2023-12-26
Ethiopia Struggles to Pay $33 Million Debt, Joins African Countries with Financial Troubles

Ethiopia Struggles to Pay $33 Million Debt, Joins African Countries with Financial Troubles

2023-12-26
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Libya's Stock Market Reopens After Nine-Year Closure

Libya's Stock Market Reopens After Nine-Year Closure

Libya's Stock Market has reopened in Tripoli after being closed for more than nine years due to poli

Christmas in China: Sparkling Decorations and Worries about Foreign Influence

Christmas in China: Sparkling Decorations and Worries about Foreign Influence

In big Chinese cities like Shanghai and Chongqing, they decorate malls with big Christmas trees, lig

China Becomes More Flexible on Gaming Rules After $80 Billion Loss

China Becomes More Flexible on Gaming Rules After $80 Billion Loss

On Monday, China approved 105 domestic games, suggesting a potential relaxation of its strict rules

South Korea Fines BNP Paribas and HSBC $20.4 Million for Illegal Stock Trading

South Korea Fines BNP Paribas and HSBC $20.4 Million for Illegal Stock Trading

South Korea has fined BNP Paribas SA, its local brokerage, and HSBC Holdings Plc a total of 26.5 bil

Toyota's Daihatsu Stops Operations Over Safety and Crash Test Failures

Toyota's Daihatsu Stops Operations Over Safety and Crash Test Failures

Daihatsu Motor Co., a company owned by Toyota, will halt the dispatch of cars and suspend its operat

Nvidia Donates $15 Million to Support People in Israel-Hamas Conflict

Nvidia Donates $15 Million to Support People in Israel-Hamas Conflict

Nvidia, a major U.S. chip company, and its employees worldwide donated $15 million to help people af

Fewer People Shop on Christmas Eve: Limited Hours and High Costs Affect Shopping

Fewer People Shop on Christmas Eve: Limited Hours and High Costs Affect Shopping

On Christmas Eve this year, fewer people went shopping in stores compared to last year.

Jim Ratcliffe Buys a Share of Manchester United

Jim Ratcliffe Buys a Share of Manchester United

Billionaire Jim Ratcliffe has recently acquired a 25% stake in Manchester United through his company

Cryptocurrency Case Study Shows People Doubt its Transparency

Cryptocurrency Case Study Shows People Doubt its Transparency

A team of economists and financial analysts, including members from Yale University and the Universi

China's Recent Earthquake Causes $75 Million in Losses for Most Affected Area

China's Recent Earthquake Causes $75 Million in Losses for Most Affected Area

China recently experienced its most powerful earthquake since 2014, causing a direct economic loss o

Toyota Stops Shipping Cars in Southeast Asia  Due to Issues with Daihatsu

Toyota Stops Shipping Cars in Southeast Asia Due to Issues with Daihatsu

Toyota Motor Co. has temporarily stopped shipping six car models to certain Southeast Asian countrie

Micron Resolves Lawsuit Over Stolen Tech, Works to Fix Relationship with China

Micron Resolves Lawsuit Over Stolen Tech, Works to Fix Relationship with China

Micron Technology Inc. has successfully resolved a major legal dispute with its Chinese counterpart,

China's Nio Reveals New Electric Car to Compete with Panamera

China's Nio Reveals New Electric Car to Compete with Panamera

Nio, a Chinese electric car company, showed off its newest high-end sedan, the ET9, at its annual ev

Nano Dimension Wants to Buy Stratasys in a $1.1 Billion Deal

Nano Dimension Wants to Buy Stratasys in a $1.1 Billion Deal

Israel's Nano Dimension Ltd. is proposing a $1.1 billion cash acquisition of Stratasys Ltd., adding

Italy Fines Facebook's Parent Meta €5.85 Million for Gambling Ads

Italy Fines Facebook's Parent Meta €5.85 Million for Gambling Ads

Italy's communications authority, Agcom, has fined Meta Platforms Ireland Limited, the parent compan

Google Said No to Changing Play Store Fees  Because of Rules

Google Said No to Changing Play Store Fees Because of Rules

Google thought about adjusting how it charges for apps because of rules, but decided not to go with

Twitter X Breaks Contract, Fails to Pay Millions in Bonuses

Twitter X Breaks Contract, Fails to Pay Millions in Bonuses

Twitter, now operating as X Corp, has been found guilty of breaching contracts by a federal judge wh

 Concerns Raised Over Germany's Early Coal Phase-Out Plan

Concerns Raised Over Germany's Early Coal Phase-Out Plan

The head of Germany's industries is worried that the government might not succeed in stopping the us

Canada Says No to British Cheese Without Tariffs

Canada Says No to British Cheese Without Tariffs

Brexit initially promised the UK a chance to sell more affordable, high-quality cheese to Canada. Ho

OpenAI Explores Funding Boost with Potential $100 Billion Valuation

OpenAI Explores Funding Boost with Potential $100 Billion Valuation

OpenAI is talking about getting a lot more money, and they could become one of the most valuable sta

Wall Street Secures Non-Compete Clause Victory in New York

Wall Street Secures Non-Compete Clause Victory in New York

Governor Kathy Hochul, a Democrat, said no to a New York law that wanted to stop companies from mak

Christmas Bitter Surprise as Chocolate Prices Soar

Christmas Bitter Surprise as Chocolate Prices Soar

Chocolate lovers around the world are facing a bitter reality as prices for chocolate have surged gl

Swedish Court Rejects Tesla's Legal Appeal as Strike Persists

Swedish Court Rejects Tesla's Legal Appeal as Strike Persists

Tesla Inc. has been unable to deliver new cars to customers in Sweden after losing a legal appeal ag

Channel Rail Operations Resume Following French Worker Strike

Channel Rail Operations Resume Following French Worker Strike

Rail operations through the Channel Tunnel have resumed after a strike by French workers caused disr

Using Solar Panels to Power Your Air Conditioner: Is it Worth it?

Using Solar Panels to Power Your Air Conditioner: Is it Worth it?

Using your air conditioner all day on a hot day increases your electricity demand, but if you have s

Revolut Releases 2022 Financials, Shows 45% Revenue Increase to $1.2 Billion

Revolut Releases 2022 Financials, Shows 45% Revenue Increase to $1.2 Billion

Revolut, the British online bank, recently shared its financial reports for 2022 to help in getting

Cold Weather in Sweden Lowers Electricity Prices for Christmas

Cold Weather in Sweden Lowers Electricity Prices for Christmas

Colder weather has arrived in Sweden just in time for the Christmas holidays, causing the electricit

Low Interest Rates Cause Currency Issues in Developing Economies

Low Interest Rates Cause Currency Issues in Developing Economies

Interest rates in developing countries, especially in Asia, are lower than those in advanced nations

Swedish Pension Fund's Legal Head Leaves Amid SVB Loss Controversy

Swedish Pension Fund's Legal Head Leaves Amid SVB Loss Controversy

William McKechnie, the chief legal officer at Alecta AB, a Swedish pension group that suffered a $2

Volkswagen Cutting Jobs at Uncompetitive VW Brand

Volkswagen Cutting Jobs at Uncompetitive VW Brand

Volkswagen is working on a plan to save 10 billion euros ($10.9 billion) by making changes to how th

High Immigration Levels Fail to Solve UK Labor Shortages and Inflation

High Immigration Levels Fail to Solve UK Labor Shortages and Inflation

The UK is seeing near-record levels of immigration, with 672,000 more people moving to the country t

Swedish Landlord SBB Buys Back €417 Million in Bonds to Improve Finances

Swedish Landlord SBB Buys Back €417 Million in Bonds to Improve Finances

S&P, a company that assesses how well other companies manage their money, has confirmed that Samhall

Europe Boosts Diesel Imports from India Amid Russian Oil Ban

Europe Boosts Diesel Imports from India Amid Russian Oil Ban

Europe, which banned most oil shipments from Russia a year ago, is now experiencing a significant in

German, French, and South African Firms Eye Angola's Luanda Airport

German, French, and South African Firms Eye Angola's Luanda Airport

Three international companies—Fraport AG, Vinci SA, and Airports Company South Africa—have shown int

Tesla Sues Swedish Government and Postal Service Over License Plate

Tesla Sues Swedish Government and Postal Service Over License Plate

Tesla has filed lawsuits against the Swedish government and its postal service due to an ongoing str

UK Retailers Prepare for Disappointing Christmas Sales, According to CBI

UK Retailers Prepare for Disappointing Christmas Sales, According to CBI

British retailers are having a tough time this Christmas.

WTO Reports Global Goods Trade Recovery Due to Car Demand

WTO Reports Global Goods Trade Recovery Due to Car Demand

The World Trade Organization (WTO) reports that global trade in goods is picking up, mainly because

How Much More Expensive Lussebak Will Be in Sweden This Year

How Much More Expensive Lussebak Will Be in Sweden This Year

With Advent approaching, it's time for lussebak, a Swedish baking tradition.

Deutsche Bank Predicts Strong Gains for US Stocks by 2024

Deutsche Bank Predicts Strong Gains for US Stocks by 2024

Predictions are suggesting that the S&P 500 could reach a new record high in the upcoming year.

UK's Plan to Boost Local Industries and Jobs, Especially in Batteries

UK's Plan to Boost Local Industries and Jobs, Especially in Batteries

The UK government has introduced an "Advanced Manufacturing Plan" with a focus on supporting local i

Israeli Businesses Slowly Reopening After Recent Conflict

Israeli Businesses Slowly Reopening After Recent Conflict

Israeli businesses are slowly reopening after the recent conflict with Hamas and Gaza, and more of t

Electricity Pricing and Grid Efficiency Challenges and Debates in Sweden

Electricity Pricing and Grid Efficiency Challenges and Debates in Sweden

Electricity costs might go up, and the expected efficiency improvements from smart electricity grids

Saudi Stock Market Rises but Gulf Markets Down Due to Oil Price Drop

Saudi Stock Market Rises but Gulf Markets Down Due to Oil Price Drop

On Sunday, Gulf stock markets reacted negatively due to a drop in oil prices caused by a decrease in

Elon Musk's Brain Implant Startup Under Investigation for Ethics Issues

Elon Musk's Brain Implant Startup Under Investigation for Ethics Issues

Neuralink, a company founded by Elon Musk, has raised an additional $43 million in funding, bringing

Australia's Plan to Improve the Reserve Bank with New Laws

Australia's Plan to Improve the Reserve Bank with New Laws

Australia's government is preparing to introduce new laws to update the operations of the Reserve Ba

Huawei Forms New Partnership for Smart Car Technology

Huawei Forms New Partnership for Smart Car Technology

Huawei, the Chinese tech company, is moving important technologies and resources from its smart car

Record-Breaking $9.8 Billion in Online Sales on Black Friday

Record-Breaking $9.8 Billion in Online Sales on Black Friday

On Black Friday in the United States, a record-breaking $9.8 billion in online sales occurred.

Sodium Batteries: The Future of Energy Storage?

Sodium Batteries: The Future of Energy Storage?

Battery industry leaders are starting to invest in sodium-based technology as an alternative to lith

Eat Less Meat: Message from Food's First Net Zero Plan for Wealthy Nations

Eat Less Meat: Message from Food's First Net Zero Plan for Wealthy Nations

The United Nations' Food & Agriculture Organization (FAO) is about to release a comprehensive plan c

German's Government Faces Budget Struggles and Internal Conflicts

German's Government Faces Budget Struggles and Internal Conflicts

The German government is currently dealing with internal conflicts and the possibility of instabilit

Riksbank's Thedeen: 50% Chance of Another Interest Rate Increase

Riksbank's Thedeen: 50% Chance of Another Interest Rate Increase

Sweden's central bank, Riksbank, is facing a decision on whether to raise or keep its benchmark inte

German Central Bank President Urges Government to Quickly Fix Budget Issues

German Central Bank President Urges Government to Quickly Fix Budget Issues

Bundesbank President Joachim Nagel has urged the German government to quickly sort out the budget si

Switzerland Wants to Host Cheap Winter Olympics in 2030

Switzerland Wants to Host Cheap Winter Olympics in 2030

Switzerland wants to host the Winter Olympics in 2030, and they have a new idea to keep it affordabl

Swedish Union Stops Tesla Parts Amid Growing Dispute

Swedish Union Stops Tesla Parts Amid Growing Dispute

The dispute between Swedish labor unions and Tesla has grown more intense as Hydro Extrusions, a sup

Lagarde: ECB Can Now Watch How Rate Hikes Affect Economy

Lagarde: ECB Can Now Watch How Rate Hikes Affect Economy

The European Central Bank, led by President Christine Lagarde, has decided to take a break to assess

Sweden's Housing Construction Hits Lowest Level in Over a Decade

Sweden's Housing Construction Hits Lowest Level in Over a Decade

Sweden is currently experiencing a significant drop in new housing construction, reaching its lowest

HSBC UK Customers Facing Online Banking Issues During Black Friday

HSBC UK Customers Facing Online Banking Issues During Black Friday

On Black Friday, a busy day for online shopping, many HSBC customers experienced trouble accessing t

Traffic Jam at Panama Canal Benefits Europe's Gas Supply

Traffic Jam at Panama Canal Benefits Europe's Gas Supply

The congestion at the Panama Canal is causing a change in the destination of U.S. liquefied natural

Thai Airways Considers Buying 90 New Airplanes for Fleet Upgrade

Thai Airways Considers Buying 90 New Airplanes for Fleet Upgrade

Thai Airways International Pcl is thinking about buying up to 90 new airplanes, mainly the big ones,

Germany's Economy Faces Challenges in Q3 2023

Germany's Economy Faces Challenges in Q3 2023

Germany's economy shrank by 0.1% in the third quarter of this year, which is the same as what was es

Barclays Plans to Save $1.25 Billion and May Cut 2,000 Jobs

Barclays Plans to Save $1.25 Billion and May Cut 2,000 Jobs

Barclays, a major British bank, is thinking about ways to save a lot of money, around 1 billion poun

China Allows Visa-Free Entry for Citizens from European Countries

China Allows Visa-Free Entry for Citizens from European Countries

China has introduced a temporary visa-free entry policy for citizens from several European countries

Deutsche Bank Expects RBI Rate Cut to Strengthen India's Bond Market

Deutsche Bank Expects RBI Rate Cut to Strengthen India's Bond Market

Deutsche Bank suggests that if India's central bank lowers interest rates next year, it could give a

Deutsche Telekom's Legal Setback in EU Court Over Antitrust Fine

Deutsche Telekom's Legal Setback in EU Court Over Antitrust Fine

Deutsche Telekom AG faced a setback in a significant legal dispute at the highest European Union cou

Internal Error Causes Massive Drop in Electricity Prices in Finland

Internal Error Causes Massive Drop in Electricity Prices in Finland

Kinect Energy AS made a significant mistake when they tried to sell too much electricity in Finland

Sweden's Riksbank Chooses Not to Raise Interest Rates

Sweden's Riksbank Chooses Not to Raise Interest Rates

The Riksbank, which is Sweden's central bank, has decided not to increase interest rates for the nin

Novo Nordisk Invests $2.3 Billion in French Medicine Factory

Novo Nordisk Invests $2.3 Billion in French Medicine Factory

Novo Nordisk is investing $2.3 billion in a factory in Chartres, France, to make more of its popular

Bundesbank Warns of Challenges in Germany's Financial Sector

Bundesbank Warns of Challenges in Germany's Financial Sector

Germany's financial institutions are currently facing challenges such as increased interest expenses

Euro Rises on Positive Data, U.S. and Japan Markets Closed

Euro Rises on Positive Data, U.S. and Japan Markets Closed

The euro had a small increase in its value on Thursday because new data hinted that things might be

Citigroup Encourages Employees to Report Inappropriate Behavior

Citigroup Encourages Employees to Report Inappropriate Behavior

A Citigroup executive named Andy Morton has asked employees to report any inappropriate behavior the

Elon Musk Supports Tesla in Swedish Labor Dispute

Elon Musk Supports Tesla in Swedish Labor Dispute

Elon Musk has shown his support for Tesla in a labor dispute in Sweden, where a strike initially aff

Swedish Pension Group Alecta Faces Investigation Over Major Investment

Swedish Pension Group Alecta Faces Investigation Over Major Investment

Pressure is mounting on the Swedish pension group Alecta due to an investigation related to its larg

Western Brands in Arab Countries Affected by Gaza War Boycotts

Western Brands in Arab Countries Affected by Gaza War Boycotts

Western fast-food chains in Cairo and other Arab countries have seen a drop in customers because peo

China Rushes to Resolve Property Crisis with $446 Billion Funding

China Rushes to Resolve Property Crisis with $446 Billion Funding

Chinese leaders are intensifying their efforts to resolve the nation's property crisis, with a focus

UBS CEO Urges Tougher Penalties for Bank Executives to Prevent Failures

UBS CEO Urges Tougher Penalties for Bank Executives to Prevent Failures

UBS Group AG's CEO, Sergio Ermotti, has called for Switzerland to have stronger powers to punish ban

Israel's Economy Struggles Amid $48 Billion Gaza Conflict Costs

Israel's Economy Struggles Amid $48 Billion Gaza Conflict Costs

The ongoing conflict between Israel and Hamas in Gaza is imposing a significant financial burden on

Fitch Downgrades Swedish Landlord SBB's Credit Rating

Fitch Downgrades Swedish Landlord SBB's Credit Rating

Swedish landlord SBB is facing a credit rating downgrade from Fitch Ratings, which has lowered its l

Binance CEO Admits Money Laundering, Could Face $4 Billion Fine

Binance CEO Admits Money Laundering, Could Face $4 Billion Fine

Binance's CEO, Changpeng Zhao, has pleaded guilty to money laundering violations in the U.S., result

Judge Finds Proof That Tesla and Musk Knew About Autopilot Issue

Judge Finds Proof That Tesla and Musk Knew About Autopilot Issue

A Florida judge has found significant evidence indicating that Tesla's CEO, Elon Musk, and other com

SEB Survey Suggests Swedish Central Bank Will Raise Interest Rates

SEB Survey Suggests Swedish Central Bank Will Raise Interest Rates

In a recent survey conducted by SEB AB's trading room, most of the people surveyed believe that Swed

Sunflower Oil Shortage Turns Into Surplus After Ukraine's Crisis

Sunflower Oil Shortage Turns Into Surplus After Ukraine's Crisis

Sunflower oil, which was in short supply and had high prices during Russia's invasion of Ukraine, is

Russian Agricultural Bank Sues JP Morgan in Moscow

Russian Agricultural Bank Sues JP Morgan in Moscow

The Russian Agricultural Bank, a government-owned financial institution responsible for managing fin

Egypt to Resume Gas Exports as Israel Supply Increases

Egypt to Resume Gas Exports as Israel Supply Increases

Egypt is once again sending liquefied natural gas (LNG) to other countries after a pause caused by a

Germany's Financial Crisis Threatens Green Technology Initiatives

Germany's Financial Crisis Threatens Green Technology Initiatives

Germany is currently facing a financial crisis that is putting its green technology initiatives in j

Swedish Battery Company Northvolt Introduces New Sodium-Ion Battery

Swedish Battery Company Northvolt Introduces New Sodium-Ion Battery

Swedish battery company Northvolt AB has introduced its groundbreaking sodium-ion technology, a batt

Russia Hesitates to Reduce Oil Production Amid Global Talks

Russia Hesitates to Reduce Oil Production Amid Global Talks

Russia, a major oil producer, is hesitant to reduce its oil supply despite discussions within OPEC+

European Banks' Risk from Commercial Real Estate

European Banks' Risk from Commercial Real Estate

The European Central Bank (ECB) has expressed concerns regarding European banks' susceptibility to f

Philippines Urges Private Rice Importers to Buy More Rice

Philippines Urges Private Rice Importers to Buy More Rice

The Philippines, a country that buys a lot of rice, has given private rice importers a one-month dea

Dubai Government Aims to Raise $315 Million Through Taxi Business IPO

Dubai Government Aims to Raise $315 Million Through Taxi Business IPO

Dubai Taxi Co. recently conducted its initial public offering (IPO), and it proved to be highly popu

Oil Company Sues EU, Germany, and Denmark for Windfall Tax

Oil Company Sues EU, Germany, and Denmark for Windfall Tax

Klesch Group Holdings Limited, a company based in Jersey that deals with oil refining, is taking leg

Shortage of US Dollars Leading African Countries Towards Crisis

Shortage of US Dollars Leading African Countries Towards Crisis

African governments are facing a severe shortage of US dollars, which is causing divisions among in

Philippines Sells $270 Million in Digital Treasury Bonds for the First Time

Philippines Sells $270 Million in Digital Treasury Bonds for the First Time

The Philippines recently made history by selling its first-ever tokenized Treasury bonds, converting

European Gas Prices Increased Due to Cold Weather and War Tensions

European Gas Prices Increased Due to Cold Weather and War Tensions

European natural gas prices increased due to colder weather forecasts and rising tensions in the Mid

Sweden's Central Bank and Interest Rates: What's Happening?

Sweden's Central Bank and Interest Rates: What's Happening?

Central banks in the US, eurozone, and the UK have paused their efforts to raise interest rates, whi

France Aims to Save €12 Billion in 2025 Budget for Deficit Reduction

France Aims to Save €12 Billion in 2025 Budget for Deficit Reduction

The French government is working to save €12 billion (equivalent to $13 billion) in its 2025 budget.

Swiss National Bank Criticized for $9 Billion Fracking Investment

Swiss National Bank Criticized for $9 Billion Fracking Investment

The Swiss National Bank (SNB) is currently facing criticism for its $9 billion investment in 69 oil

Tech Companies Delay Paying Billions in Fines: What It Means

Tech Companies Delay Paying Billions in Fines: What It Means

Big tech companies frequently receive fines for various violations, but it often takes them years to

India to Continue Rice Export Bans into 2024, Affecting Global Prices

India to Continue Rice Export Bans into 2024, Affecting Global Prices

India, the world's top rice exporter, plans to keep its restrictions on rice exports, which could re

Swedish Central Bank's Plans for Interest Rates

Swedish Central Bank's Plans for Interest Rates

The probability of Sweden's central bank, the Riksbank, raising interest rates for the ninth time si

Billionaire Heir Warns of Tough Times in Shipping Industry

Billionaire Heir Warns of Tough Times in Shipping Industry

Rodolphe Saade, the CEO of CMA CGM SA, has issued a warning about the upcoming arrival of new contai

Chinese Billionaire's Firm Sells $388 Million Worth of Volvo Car Stock

Chinese Billionaire's Firm Sells $388 Million Worth of Volvo Car Stock

Chinese billionaire Li Shufu's company, Zhejiang Geely Holding Group Co., is selling approximately $

Swedish Labor Unions Go on Strike Against Tesla

Swedish Labor Unions Go on Strike Against Tesla

In Sweden, labor unions are currently on strike against Tesla, causing disruptions to the company's

China Struggles to Attract Foreign Investment

China Struggles to Attract Foreign Investment

China has been trying to get foreign investors interested in its economy, but it's been tough.

Weak Launch for Middle East Firm's $451M Stock Debut After IPO

Weak Launch for Middle East Firm's $451M Stock Debut After IPO

Investcorp Capital Plc, a company backed by a major Middle Eastern investment manager, had a disappo

Oil Prices Keep Falling Due to Too Much Oil and Stockpiles

Oil Prices Keep Falling Due to Too Much Oil and Stockpiles

Oil prices have been dropping for the fourth week in a row, mainly because there is too much oil ava

SBB Offers Significant Bond Discounts Amid Financial Challenges

SBB Offers Significant Bond Discounts Amid Financial Challenges

Swedish landlord SBB plans to sell assets to Brookfield Asset Management and use the proceeds, which

Sweden's Plan to Expand Nuclear Power for Growing Energy Needs

Sweden's Plan to Expand Nuclear Power for Growing Energy Needs

The Swedish government is actively supporting the expansion of nuclear power to address the expected

Rich Nations May Have Delivered $100 Billion for Climate Help, Says OECD

Rich Nations May Have Delivered $100 Billion for Climate Help, Says OECD

Rich countries made a promise in 2009 to give $100 billion each year to help poorer nations deal wit

Burberry's Sales Drop Due to Luxury Slowdown

Burberry's Sales Drop Due to Luxury Slowdown

Burberry, a British luxury brand, is facing difficulties in achieving its annual revenue target of l

Foreign Investors Buy More Japanese Stocks as US Rate Concerns Ease

Foreign Investors Buy More Japanese Stocks as US Rate Concerns Ease

Last week, foreign investors made their largest purchase of Japanese stocks in five months, investin

Turkey's Lira Stability Attracts Investors and Raises Concerns

Turkey's Lira Stability Attracts Investors and Raises Concerns

Turkey's currency, the lira, has been steadily losing value over the past three months, which has ca

Philippine Central Bank Keeps Interest Rates Unchanged

Philippine Central Bank Keeps Interest Rates Unchanged

The Philippine central bank has decided to keep its key interest rate unchanged at 6.50% in order to

Hungary's Central Bank Keeps Interest Rate Cuts Unchanged

Hungary's Central Bank Keeps Interest Rate Cuts Unchanged

Hungary's central bank, led by Deputy Governor Barnabas Virag, has decided to keep the current pace

Tesla Faces Pressure in Sweden as Supplier Workers Prepare to Strike

Tesla Faces Pressure in Sweden as Supplier Workers Prepare to Strike

Tesla is facing challenges in Sweden as workers demand a collective bargaining agreement.

Sweden's Construction Industry Shows Signs of Improvement

Sweden's Construction Industry Shows Signs of Improvement

Sweden's struggling construction industry, especially in building new homes, appears to be stabilizi

Elon Musk Denies Starlink Satellite Internet IPO for 2024

Elon Musk Denies Starlink Satellite Internet IPO for 2024

Elon Musk has denied reports suggesting that SpaceX, his space company, plans to offer its satellite

Rising Concerns About Gas Supply's Impact on European Prices

Rising Concerns About Gas Supply's Impact on European Prices

European natural gas prices increased by 2.9% due to worries about potential problems with heating g

Egypt's Post-Election Currency Devaluation Expectations

Egypt's Post-Election Currency Devaluation Expectations

Investors are increasingly expecting Egypt's currency to lose value significantly after the December

SBB Receives Stock Rating Upgrade During Sweden's Property Crisis

SBB Receives Stock Rating Upgrade During Sweden's Property Crisis

SBB, the Swedish property company, has been upgraded to a "hold" by analysts at DNB Bank ASA.

Ex-Klarna COO Knut Frangsmyr Resigns as Avanza Bank CEO

Ex-Klarna COO Knut Frangsmyr Resigns as Avanza Bank CEO

Knut Frangsmyr, who had recently taken on the position of CEO at Avanza Bank Holding AB, a Swedish o

Catalent Delays SEC Filing Due to $700 Million Impairment Charge

Catalent Delays SEC Filing Due to $700 Million Impairment Charge

Catalent, a company that makes medicines for other companies, is having financial troubles and is de

Egypt Explores Indian Financial Markets and Diversifying Funds

Egypt Explores Indian Financial Markets and Diversifying Funds

Egypt is discussing the idea of joining Indian financial markets and using their own currencies for

Swedish Households Becoming Less Optimistic About Housing Prices

Swedish Households Becoming Less Optimistic About Housing Prices

Swedish households are feeling uncertain about housing prices for the third month in a row due to ec

India Considers 5-Year Tax Breaks for EV Imports to Attract Tesla

India Considers 5-Year Tax Breaks for EV Imports to Attract Tesla

India is considering reducing taxes on fully assembled imported electric vehicles for a period of up

PepsiCo Aims to Overtake Coca-Cola in US Beverage Market

PepsiCo Aims to Overtake Coca-Cola in US Beverage Market

PepsiCo is on track to become the biggest beverage company in the US by market value, marking a sign

Ikea's Parent Company Buys Brighton Shopping Mall for £145 Million

Ikea's Parent Company Buys Brighton Shopping Mall for £145 Million

Ikea's parent company has purchased a shopping mall in Brighton, UK, for an estimated £145 million.

ICBC Pays Ransom to Pays Ransom to Hackers After Cyberattack

ICBC Pays Ransom to Pays Ransom to Hackers After Cyberattack

The Industrial and Commercial Bank of China (ICBC), China's largest bank, recently faced a cyberatta

Tata Steel in the Netherlands to Cut 800 Jobs for Cleaner Production

Tata Steel in the Netherlands to Cut 800 Jobs for Cleaner Production

Tata Steel's Dutch division, based in IJmuiden, is planning to reduce its workforce by around 800 em

Royal Mail Faces £5.6 Million Fine for Missing Delivery Targets

Royal Mail Faces £5.6 Million Fine for Missing Delivery Targets

Royal Mail has been fined £5.6 million by Ofcom for failing to meet its first- and second-class mail

Israel's $8 Billion Debt Increase Since Hamas Conflict Began

Israel's $8 Billion Debt Increase Since Hamas Conflict Began

Since the conflict with Hamas began, Israel borrowed about 30 billion shekels (which is approximatel

Dubai Airlines Order $50 Billion Worth of Jets to Compete with Rivals

Dubai Airlines Order $50 Billion Worth of Jets to Compete with Rivals

Dubai's airlines, Emirates and flyDubai, have placed orders for Boeing aircraft totaling over $50 bi

Home Depot and Lowe’s Sales Hit by High Mortgage Rates

Home Depot and Lowe’s Sales Hit by High Mortgage Rates

Higher mortgage rates and very expensive homes are expected to slow down the increased spending on h

Traders Worry Inflation May Affect Rate Cut Expectations in the UK

Traders Worry Inflation May Affect Rate Cut Expectations in the UK

Some traders think the Bank of England (BOE) might lower UK interest rates soon, while others disagr

Volvo Targets Luxury Market in China with Their Most Expensive Model Yet

Volvo Targets Luxury Market in China with Their Most Expensive Model Yet

Volvo Car AB is launching a high-end battery-powered minivan, called the EM90, in China.

FTX Scandal in Financial Fraud History Raises Cryptocurrency Concerns

FTX Scandal in Financial Fraud History Raises Cryptocurrency Concerns

In November, former cryptocurrency titan Sam Bankman-Fried was found guilty of seven counts of fraud

Foreign Investors Pull Money from Middle Eastern Funds

Foreign Investors Pull Money from Middle Eastern Funds

In October, foreign investors withdrew a large amount of money from funds that invest in Middle East

New Rules in South Africa Impact Farm Exports to the UK and EU

New Rules in South Africa Impact Farm Exports to the UK and EU

New rules in South Africa state that farms primarily owned by white people can't export their agricu

Possible Job Cuts at Continental AG: 5,500 Positions Under Review

Possible Job Cuts at Continental AG: 5,500 Positions Under Review

Continental AG, a major European car parts manufacturer, is considering announcing a workforce reduc

Wegovy Obesity Treatment Offers Heart Protection Beyond Weight Loss

Wegovy Obesity Treatment Offers Heart Protection Beyond Weight Loss

Novo Nordisk has disclosed that its obesity treatment, Wegovy, provides heart-protective benefits th

Shipping Industry Shifts to Layoffs After Earning $364 Billion

Shipping Industry Shifts to Layoffs After Earning $364 Billion

The container shipping industry, which had previously enjoyed record profits, is now encountering fi

Turkish Airlines Plans to Buy 350 Airbus Planes

Turkish Airlines Plans to Buy 350 Airbus Planes

Turkish Airlines is planning to order approximately 350 aircraft from Airbus, and the announcement i

Global Funds Invest in Korean Stocks Despite Short-Sale Ban

Global Funds Invest in Korean Stocks Despite Short-Sale Ban

Investors in South Korea are feeling optimistic about their stock market's future.

Singapore Developer Frasers Reports 81% Profit Drop Due to Property Losses

Singapore Developer Frasers Reports 81% Profit Drop Due to Property Losses

Singaporean developer Frasers Property Ltd. reported a significant 81% decrease in its full-year pro

US at Risk of Lower Credit Rating Due to Budget Issue and Political Divisions

US at Risk of Lower Credit Rating Due to Budget Issue and Political Divisions

Moody's Investors Service has raised concerns about the United States potentially losing its top cre

Sweden's SBB Faces Repayment Demand by Fir Tree Partners

Sweden's SBB Faces Repayment Demand by Fir Tree Partners

Swedish property company SBB is facing a critical moment as New York-based hedge fund Fir Tree Partn

India's Factory Output Slows in September Due to Reduced Exports

India's Factory Output Slows in September Due to Reduced Exports

In September, India's factories produced less because fewer people in other countries were buying ou

Lagarde: Maintaining ECB Rate at 4% for Price Control

Lagarde: Maintaining ECB Rate at 4% for Price Control

European Central Bank President Christine Lagarde believes that keeping the deposit rate at 4% shoul

Shoppers Push Back Against Rising Luxury Prices, Impacting the Industry

Shoppers Push Back Against Rising Luxury Prices, Impacting the Industry

Shoppers are pushing back against the rising prices of luxury items like Piaget watches and Don Juli

Swedish Property SBB Faces Urgent Repayment Demand from Creditor

Swedish Property SBB Faces Urgent Repayment Demand from Creditor

Swedish property company SBB is facing a critical situation as one of its lenders has officially req

Norway's Increasing Prices and Potential Interest Rate Hike

Norway's Increasing Prices and Potential Interest Rate Hike

In Norway, the prices of items like food, furniture, and plane tickets have gone up, causing inflati

European Gas Traders Begin Using Stored Gas as Cold Weather Hits

European Gas Traders Begin Using Stored Gas as Cold Weather Hits

European natural gas traders are slowly using up their stored gas reserves as colder weather arrives

Denmark's Inflation Hits Lowest Point in Over a Year

Denmark's Inflation Hits Lowest Point in Over a Year

In Denmark last month, inflation was the lowest it has been since May 2020 because the prices for el

Airlines Adjust Routes to Avoid War Zones, Leading to Longer Flights

Airlines Adjust Routes to Avoid War Zones, Leading to Longer Flights

Recent disruptions in air travel have affected the Middle East, which is a crucial global crossroads

UK Economy Slows in Q3 Due to High Interest Rates and Inflation

UK Economy Slows in Q3 Due to High Interest Rates and Inflation

The UK's economy didn't grow at all from July to September, and this is concerning because it stayed

Shiseido's Profits Drop Due to Fukushima Water Release

Shiseido's Profits Drop Due to Fukushima Water Release

Shiseido Co., a Japanese cosmetics company, has lowered its profit forecast for the full year due to

Hong Kong Cuts 2023 GDP Growth Forecast Due to Slow Recovery

Hong Kong Cuts 2023 GDP Growth Forecast Due to Slow Recovery

Hong Kong has lowered its economic growth forecast for 2023 from 4% to 5% to 3.2%.

Swedish Polestar's 2023 Forecast Revised Due to EV Market Challenges

Swedish Polestar's 2023 Forecast Revised Due to EV Market Challenges

Swedish electric car manufacturer Polestar has updated its 2023 delivery forecast, lowering it to ar

Denmark Proposes Tax on Air Travel to Support Green Aviation

Denmark Proposes Tax on Air Travel to Support Green Aviation

The Danish government has proposed a new tax of 100 Danish crowns (approximately $14.35) on air trav

Germany's Plan to Lower High Electricity Costs for Businesses

Germany's Plan to Lower High Electricity Costs for Businesses

The German government has approved a five-year plan to help businesses dealing with high electricity

EU Court Supports Car Service Companies in Scania Data Dispute

EU Court Supports Car Service Companies in Scania Data Dispute

Europe's highest court has decided that Swedish truck maker Scania must share vehicle data, includin

AstraZeneca Partners in Developing Weight Loss and Diabetes Pill

AstraZeneca Partners in Developing Weight Loss and Diabetes Pill

AstraZeneca is getting more involved in the weight-loss medicine market by making an exclusive deal

EU Adviser Suggests Reconsidering Apple's 13 Billion Euro Tax Dispute

EU Adviser Suggests Reconsidering Apple's 13 Billion Euro Tax Dispute

A lower court that previously supported Apple in its 13 billion euro ($14 billion) European Union (E

Fewer Pizza Deliveries at Domino's Due to High Living Costs

Fewer Pizza Deliveries at Domino's Due to High Living Costs

In the third quarter, Domino's Pizza Group, the company that runs Domino's stores in the UK and Irel

Saudi Arabia to Sign $533 Million Agreements with African Countries

Saudi Arabia to Sign $533 Million Agreements with African Countries

The Saudi Fund for Development is set to sign agreements worth 2 billion riyals (approximately $533

Minister Urges Tesla to Embrace Labor Peace in Sweden

Minister Urges Tesla to Embrace Labor Peace in Sweden

Labor Market Minister Johan Pehrson emphasizes how important it is for Tesla to understand the advan

Bank of England Governor Says Brexit Has Affected UK's Economy

Bank of England Governor Says Brexit Has Affected UK's Economy

The Governor of the Bank of England, Andrew Bailey, has called for increased cooperation in making f

Swedish Housing Prices Show Slight Drop, Raising Recovery Doubts

Swedish Housing Prices Show Slight Drop, Raising Recovery Doubts

Swedish housing prices experienced a slight decline last month, which has raised concerns about whet

ECB Member: Interest Rates Stable Unless Energy Prices Spike

ECB Member: Interest Rates Stable Unless Energy Prices Spike

Pierre Wunsch, a member of the European Central Bank's Governing Council, has suggested that the cen

The World's Priciest City Expects First Rent Drop in Four Years

The World's Priciest City Expects First Rent Drop in Four Years

The longest period of rising housing rents in Singapore over the past decade may be coming to an end

Israeli Shekel Gains Strength During Conflict with Hamas

Israeli Shekel Gains Strength During Conflict with Hamas

The shekel in Israel has strengthened for six consecutive days, briefly reaching a level it had befo

Sweden's October Electricity Consumption Increases by 9%

Sweden's October Electricity Consumption Increases by 9%

In October, Sweden saw a nine percent increase in electricity consumption compared to the previous y

More than 1,000 Amazon Workers in England Strike for Better Pay

More than 1,000 Amazon Workers in England Strike for Better Pay

More than 1,000 workers at an Amazon warehouse in central England have gone on strike because they a

UBS Reports $785 Million Quarterly Loss Amid Credit Suisse Takeover

UBS Reports $785 Million Quarterly Loss Amid Credit Suisse Takeover

UBS recently reported its first quarterly loss in nearly six years, amounting to $785 million.

WeWork Declares Bankruptcy with $2.9 Billion Debt

WeWork Declares Bankruptcy with $2.9 Billion Debt

WeWork, a company that provides office spaces, has filed for Chapter 11 bankruptcy in New Jersey.

The China Project Media Company is Closing Due to Funding Issues

The China Project Media Company is Closing Due to Funding Issues

"The China Project," an English-language publication focused on providing comprehensive coverage of

Klarna Avoids Strike Amid Rising IPO Speculation

Klarna Avoids Strike Amid Rising IPO Speculation

Swedish company Klarna Bank AB, known for its "buy now, pay later" service, has managed to avoid a w

BioNTech Reduces 2023 Revenue Target Due to Lower Vaccine Demand

BioNTech Reduces 2023 Revenue Target Due to Lower Vaccine Demand

BioNTech has lowered its revenue target for 2023 by about 1 billion euros due to reduced demand for

Wall Street Experts Warn Middle East Conflict Could Trigger Global Recession

Wall Street Experts Warn Middle East Conflict Could Trigger Global Recession

Two influential figures from Wall Street, Larry Fink, CEO of BlackRock, and Jamie Dimon, chairman of

Sweden's Economy Struggles Due to Prolonged High Interest Rates

Sweden's Economy Struggles Due to Prolonged High Interest Rates

Sweden's economy is expected to continue shrinking next year due to prolonged high interest rates, a

Starbucks to Increase Pay for U.S. Retail Workers by at Least 3% in 2024

Starbucks to Increase Pay for U.S. Retail Workers by at Least 3% in 2024

Starbucks announced on Monday that it will increase the hourly pay of its retail workers in the Unit

Unexpected Increase in German Factory Orders for September

Unexpected Increase in German Factory Orders for September

In September, German factories received more orders than expected, with a 0.2% increase for the seco

Japanese Whisky Maker Suntory Plans Production Expansion by 2027

Japanese Whisky Maker Suntory Plans Production Expansion by 2027

Suntory Spirits Ltd. plans to increase its whisky production by 2027 through a 10 billion yen ($66 m

Hidden Costs of Food and Farming Industries Impacting Global Economy

Hidden Costs of Food and Farming Industries Impacting Global Economy

The food and farming industries are causing significant problems for the global economy, resulting i

Freeing Up Rent Control: A Solution for Sweden's Housing Shortage

Freeing Up Rent Control: A Solution for Sweden's Housing Shortage

Nicklas Gretzer suggests that the housing market can become more flexible and help solve the housing

Egypt's Non-Oil Economy Shrinks in October Due to Inflation

Egypt's Non-Oil Economy Shrinks in October Due to Inflation

In Egypt, non-oil businesses have been facing difficulties for 35 months in a row because of increas

Opium Production in Afghanistan Falls by 95% Following Taliban Ban

Opium Production in Afghanistan Falls by 95% Following Taliban Ban

Opium poppy production in Afghanistan has dropped significantly since the Taliban government banned

Foxconn's iPhone Sales Drop Amid Chinese Investigation

Foxconn's iPhone Sales Drop Amid Chinese Investigation

In October, Foxconn, also known as Hon Hai Precision Industry Co., saw a 4.6% decline in its revenue

South Korea Temporarily Bans Stock Short-Selling Until June 2024

South Korea Temporarily Bans Stock Short-Selling Until June 2024

South Korea has announced a temporary ban on stock short-selling until June 2024 to allow for regula

Air France-KLM and Castlelake Increase Investment in SAS AB to $1.2 Billion

Air France-KLM and Castlelake Increase Investment in SAS AB to $1.2 Billion

Air France-KLM and Castlelake LP are increasing their investment in SAS AB, a Scandinavian airline,

Merck KGaA Plans to Cut Costs and Possibly Reduce Jobs

Merck KGaA Plans to Cut Costs and Possibly Reduce Jobs

Merck KGaA, a German pharmaceutical and chemical company, is taking steps to reduce its expenses, wh

Egypt Faces Financial Challenges After Credit Downgrade

Egypt Faces Financial Challenges After Credit Downgrade

Egypt's credit rating has been downgraded by Fitch Ratings, worsening its financial situation during

US Government Proposes New Rules for Wall Street Futures-Trading Firms

US Government Proposes New Rules for Wall Street Futures-Trading Firms

The US government has introduced a new rule proposed by the Commodity Futures Trading Commission (CF

European Oil Market Challenges: Impact on Diesel and Naphtha

European Oil Market Challenges: Impact on Diesel and Naphtha

The European oil market, particularly for diesel and naphtha, is experiencing a significant drop in

Volvo Car Sales Grow 10% in October, with Strong Rise in Electric Cars

Volvo Car Sales Grow 10% in October, with Strong Rise in Electric Cars

In October, Volvo Cars sold 10% more cars than the same time last year, totaling 59,861 vehicles.

Burger King Struggles with Lower Sales as Prices Rise

Burger King Struggles with Lower Sales as Prices Rise

Restaurant Brands International (QSR.TO) experienced lower sales in the last quarter because prices

Maersk Plans to Cut 10,000 Jobs Due to Decreased Shipping Demand

Maersk Plans to Cut 10,000 Jobs Due to Decreased Shipping Demand

Møller-Maersk, a major shipping company, is cutting 10,000 jobs because the demand for their service

Moderna Expects Lower Sales in 2023 Amid Decreased Vaccine Demand

Moderna Expects Lower Sales in 2023 Amid Decreased Vaccine Demand

Moderna, the company that creates COVID-19 vaccines, recently stated that its 2023 sales are expecte

Lowest European Natural Gas Prices Since Israel-Hamas Conflict

Lowest European Natural Gas Prices Since Israel-Hamas Conflict

European natural gas prices are currently at their lowest levels since the Israel-Hamas conflict ear

Saudi Arabia Interested in Investing $30 Billions in Indian Cricket League

Saudi Arabia Interested in Investing $30 Billions in Indian Cricket League

Saudi Arabia is considering a substantial investment, potentially up to $5 billion, in the Indian Pr

South Korea Considers Temporary Ban on Stock Short-Selling

South Korea Considers Temporary Ban on Stock Short-Selling

The South Korean government is thinking about temporarily stopping "stock short-selling" because reg

Swedish Home Prices Fall 14% Below Peak in October

Swedish Home Prices Fall 14% Below Peak in October

In October, the prices of homes in Sweden continued to drop.

Shell's $23 Billion Shareholder Payout Plan Sparks Climate Activist Outrage

Shell's $23 Billion Shareholder Payout Plan Sparks Climate Activist Outrage

Shell has faced criticism for its decision to reward shareholders with at least $23 billion in payou

Uber and Lyft to Pay $328 Million for Driver Underpayment in New York

Uber and Lyft to Pay $328 Million for Driver Underpayment in New York

Uber and Lyft have agreed to pay a total of $328 million to address accusations of unfair payment pr

PayPal Gains $4 Billion in Market Value, Addresses SEC Subpoena

PayPal Gains $4 Billion in Market Value, Addresses SEC Subpoena

PayPal, a major online payment company, announced plans to become more efficient and reduce expenses

Private Equity Uses More Debt Instead of Cash for Loan Payments

Private Equity Uses More Debt Instead of Cash for Loan Payments

Private equity firms are using a strategy to deal with rising interest costs on their leveraged buyo

Egypt Likely to Maintain Interest Rates Amid Economic Challenges

Egypt Likely to Maintain Interest Rates Amid Economic Challenges

Egypt is expected to keep its interest rates steady due to economic challenges heightened by the rec

UAE Considers $50 Billion Investment in India's Growing Economy

UAE Considers $50 Billion Investment in India's Growing Economy

The United Arab Emirates (UAE) is considering making a substantial investment of up to $50 billion i

Central Banks' Recent Rate Decisions and Global Trends Simplified

Central Banks' Recent Rate Decisions and Global Trends Simplified

In September, central banks in major developed economies decided not to raise interest rates, markin

Sweden Sees Highest Bankruptcy Level Since 1999

Sweden Sees Highest Bankruptcy Level Since 1999

In October, Sweden saw its highest number of company bankruptcies for that month since records began

Nordic Construction Industry's Unsold Property Challenges

Nordic Construction Industry's Unsold Property Challenges

The Nordic construction industry, which includes major firms like YIT Oyj and Skanska AB, has recent

Wells Fargo Investigated by SEC for Cash Sweep Options and Hiring Policy

Wells Fargo Investigated by SEC for Cash Sweep Options and Hiring Policy

Wells Fargo is currently being investigated by the Securities and Exchange Commission (SEC) for its

WeWork Plans to Declare Bankruptcy Soon Due to Financial Troubles

WeWork Plans to Declare Bankruptcy Soon Due to Financial Troubles

WeWork, a company that offers flexible office spaces, is on the verge of declaring bankruptcy becaus

CVS Exceeds Profit Expectations Due to Strong Pharmacy Performance

CVS Exceeds Profit Expectations Due to Strong Pharmacy Performance

In the latest quarter, CVS Health Corp (CVS.N) exceeded what Wall Street had expected.

European Gas Prices Drop Due to Lower Demand and Stable War Situation

European Gas Prices Drop Due to Lower Demand and Stable War Situation

European natural gas prices have fallen for two consecutive days due to mild and windy weather expec

Japan's Struggle with Yen and Bonds Amid Speculation

Japan's Struggle with Yen and Bonds Amid Speculation

Japan is facing a tough situation as it tries to protect its currency, the yen, while preventing a r

Indian Shoppers Boost Economy with Festive Season Spending Spree

Indian Shoppers Boost Economy with Festive Season Spending Spree

India's festive season has seen a significant increase in consumer spending on items like cars, smar

Nvidia Stock Drops Due to U.S. Rules on Chinese Chip Orders

Nvidia Stock Drops Due to U.S. Rules on Chinese Chip Orders

Nvidia Corp's stock recently fell by nearly 5%, hitting its lowest point in five months.

Government Lawyer Wants to Stop JetBlue from Buying Spirit Airlines

Government Lawyer Wants to Stop JetBlue from Buying Spirit Airlines

In a big trial about competition in the airline industry, a lawyer from the U.S. Department of Justi

Vodafone Sells Spanish Business to Zegona for Up to €5 Billion

Vodafone Sells Spanish Business to Zegona for Up to €5 Billion

Vodafone is selling its business in Spain to Zegona Communications for €5 billion, including debts.

Hackers Steal $4.4 Million in Cryptocurrency Using LastPass Data

Hackers Steal $4.4 Million in Cryptocurrency Using LastPass Data

On October 25th, hackers stole $4.4 million in cryptocurrency by getting hold of private keys and pa

Eurozone Economy Faces Challenges: Slow Growth and Recession Risk

Eurozone Economy Faces Challenges: Slow Growth and Recession Risk

The eurozone is in a tough spot as its economy shrank by 0.1% in the third quarter of 2023, putting

Carlsberg Reports Sales Growth Despite Wet Summer and Price Hikes

Carlsberg Reports Sales Growth Despite Wet Summer and Price Hikes

Carlsberg A/S, a Danish beer company, recently released its financial results, and they were consist

Saudi Arabia's Economy Shrinks in Q3 Amid Oil Production Cuts

Saudi Arabia's Economy Shrinks in Q3 Amid Oil Production Cuts

In the third quarter of this year, Saudi Arabia faced a significant economic challenge, with its eco

European Stocks Rise After October's Biggest Drop Since 2020

European Stocks Rise After October's Biggest Drop Since 2020

European stocks bounced back on Tuesday, recovering from their worst month since 2020, which was Oct

KKR Aims to Raise $2.5 Billion for Second Asia Real Estate Fund

KKR Aims to Raise $2.5 Billion for Second Asia Real Estate Fund

KKR & Co. is currently in the process of raising money for its second real estate fund focused on As

Online Fraud Targets Top UK Banks: Monzo, Starling, and Metro Bank

Online Fraud Targets Top UK Banks: Monzo, Starling, and Metro Bank

Online fraud has become a big problem for banks in the UK. Banks like Monzo Bank Ltd., Starling Bank

Sweden's Economy Slows Down in the Last Three Months

Sweden's Economy Slows Down in the Last Three Months

In Sweden, the economy faced a slow period in the last three months, mainly due to factors such as h

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