Business

The stock exchanges in New York opened Friday with small gains on the last trading day of the week. Investors on Wall Street are mainly focused on the crucial US government jobs report. It showed that employment in the United States…
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US banks rose on the stock exchanges in New York on Tuesday. After a successful stress test by the Federal Reserve, they will soon be able to buy back their own shares, and they immediately took advantage of that. For example,…
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The Bank of England (BoE) has not yet raised interest rates in the United Kingdom. The British central bank is also not yet tampered with the purchase program of, especially government bonds. Policymakers say they see inflation…
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Audi will stop producing cars with combustion engines in 2033. The German brand no longer puts engines that run on fossil fuels in new models seven years earlier. They will all be electrically powered. However, only the models…
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As far as the European Commission is concerned, Germany can receive 25.6 billion euros in subsidies from the European corona recovery fund. The recovery plan submitted by the government in Brussels meets the conditions and will…
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The British government has received 1 billion pounds back from companies that have received some form of wage support. In retrospect, these companies were not entitled to the subsidies or returned the money on their own initiative.…
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Following the example of truck manufacturer Volvo, car manufacturer Volvo Cars is going to look at the possibilities of producing cars from fossil-free steel. That is steel that has been produced without the use of fossil fuels.…
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Elon Musk wrote in a tweet last night that Teslas can be repurchased with bitcoins if the cryptocurrency uses fewer fossil fuels. The price of bitcoin immediately shot up by more than 5 percent. Last month, Musk caused a fall in…
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The Tokyo stock exchange posted a small gain on Monday. Investors were processing last Friday's US jobs report, which showed that the labour market of the world's largest economy created fewer jobs than expected last month. As a…
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Employment in the US corporate sector rose sharply in May compared to a month earlier. According to payslip processor ADP, 978,000 new jobs were created last month. That is the strongest increase in months. The figure was also…
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