Business

The UK financial regulator Financial Conduct Authority prohibits the sale of crypto derivatives to ordinary consumers. According to the FCA, these complex financial products are unsuitable for private investors because there are…
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Elon Musk thinks Tesla can make 20 million cars annually by 2030. The CEO of the American maker of electric cars made his statements on Twitter. The goal is ambitious, as 365,000 Teslas rolled off the line last year. Musk also…
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Americans have been busy doing odd jobs in the past quarter during the corona crisis. As a result, the American DIY chain Home Depot achieved record sales. Sales were even higher than expected and increased by almost a quarter year…
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The popular video app TikTok is threatening to go to American court over Donald Trump's presidential decree, the company writes in a blog post on the website. Trump has prohibited transactions with the Chinese parent company…
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Former Renault CEO Thierry Bolloré becomes the top boss of Jaguar Land Rover. The British subsidiary of the Indian Tata Motors was looking for a replacement for Ralf Speth who will retire in September. Speth will remain with…
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950 jobs will disappear from the British department store chain Marks & Spencer. These are supporting jobs and positions in the management of the stores. In total, Marks & Spencer has approximately 78,000 employees. Marks…
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The stock exchange in Japan ended again with a loss on Wednesday. Investors handled the lower closing positions on Wall Street, where concerns about the economic recovery flared up again as a result of the sharp increase in corona…
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SoftBank recorded a record loss last year due to setbacks with its investments. The Japanese telecom and investment giant has major interests in office rental company WeWork. But the value of those companies has shrunk considerably…
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The stock markets in New York were at a loss on Monday shortly after the opening bell. Pre-sentiment was supported by a new Federal Reserve support program for the US economy, but positivism proved short-lived. The disappointment…
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Central banks in Asia have entered crisis mode after the US central banks' umbrella surprised markets late last Sunday with a sharp fall in interest rates. All policies are designed to contain the economic impact of the new…
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