Business

Alphabet, the parent company of Google, among others, saw its profits rise sharply in the third quarter of this year. This additional profit comes mainly from cloud services and advertising revenue. Google parent company Alphabet…
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US video game publisher Activision Blizzard has fired more than 20 employees over allegations of sexual harassment and discrimination in the workplace, several media outlets reported Tuesday, including The Financial Times. At least…
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Care and cleaning company Procter & Gamble (P&G) made less profit in the past quarter. The American company behind Gillette, Pampers and Ariel had to pay more for raw materials, and freight costs also increased. The increased sales…
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European real estate investors are again investing more money in hotels, real estate advisor CBRE notes. According to the advisor, the recovery from the corona crisis is starting in many markets. In the past year, almost a quarter…
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Bitcoin rose to nearly $60,000 on Friday, reaching its highest level in months. The value of the world's best-known digital currency is bolstered by hopes that US authorities will authorize the launch of an exchange-traded fund (ETF) based…
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Major US banks such as Wells Fargo and Morgan Stanley started the trading day mixed on Thursday after the books opened. The most important indicators on Wall Street were sometimes positive. Investors brushed aside their concerns…
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The European Commission wants an end to the extraction of fossil fuels in the Arctic. She will "apply political pressure" for a ban on new drilling in the Arctic. Ahead of the climate conference in Glasgow next month, Brussels…
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The American car group General Motors (GM) has reached a settlement with the South Korean LG Electronics over the costs that GM had to incur to recall the Chevrolet Bolt. Because the battery of the electric car could catch on fire,…
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The Nobel Prize in Economics is not one of the 'classic' prizes as invented by founder Alfred Nobel (1833-1896). The award is an initiative of the Swedish central bank and has been awarded since 1969. In that year, the Dutchman Jan…
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Stock exchanges in New York started the trading day with gains on Thursday. Investors on Wall Street reacted with relief to the breakthrough in the protracted political negotiations on the debt ceiling in the United States. In…
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