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In November, Volvo Cars had a notable 8% increase in sales compared to the same month last year, selling a total of 63,682 cars.
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U.S. Supreme Court to Review Purdue Pharma's Bankruptcy Deal
2023-12-04
Police Arrest 11 People in Spain and Italy for Selling Fake Olive Oil
2023-12-04
Nvidia Executives Sell Company Shares Amid Falling Stock Price
2023-12-04
ECB's Centeno Alerts to Rapid Changes in Europe's Job Market
2023-12-04
Bitcoin Surpasses $40,000 Mark in 2023: What You Need to Know
2023-12-04
Global Plan to Triple Nuclear Power by 2050, Sweden's Role Uncertain
Around 20 countries have agreed to triple global nuclear power production by 2050, and Sweden is act
Cop28 President Questions the Need to Stop Using Fossil Fuels
Sultan Al Jaber, the president of Cop28, has faced criticism for his statement that there is no scie
Honda Cuts 900 Jobs in China Amid Sales Drop and EV Shift
Honda Motor is reducing its workforce by cutting 900 jobs in its partnership with Guangzhou Automobi
World Bank and Finance Leaders Boost Climate Project Investment
The World Bank is partnering with a group of 15 finance leaders to encourage private investment in c
China's Regulator Encourages Provinces to Develop Their Own Financial Risk Plans
China's regulatory authority is encouraging provinces to develop their own strategies for managing f
Swedish Housing Prices Drop Due to Economic Issues
Housing prices in Sweden are once again going down because of the country's struggling economy and i
Nicaragua's Miss Universe Franchise Owner Charged with Conspiracy
Nicaraguan police have charged Karen Celebertti, the owner of the local Miss Universe franchise, alo
Postnord Raises Stamp Prices in Sweden
Postnord, the postal service provider, has announced a postage price increase that will come into ef
Caution Advised Before Creating a Digital Pound in the UK
A UK parliamentary committee has advised against immediately creating a digital pound due to worries
From Banks to Apps: How Fintech and Blockchain Are Reshaping the Industry
Have you ever wondered how technology is transforming the world of finance? Or how are traditional b
More Swedes Now Believe Housing Prices Are Bouncing Back
A recent survey conducted by SBAB, a government-owned bank in Sweden, shows that more Swedish homeow
Viaplay Share Prices Drop Due to Rescue Deal Impact on Investors
Viaplay Group AB, a company that streams sports and entertainment content, found itself in a dire si
SAS Airline Reports Billion-Dollar Loss but Secures Funding for Recovery
SAS has reported another substantial financial loss of SEK 2.1 billion before taxes for the period f
Chinese Stocks Recover After Government Institution Buys ETFs
Chinese stocks initially faced a tough day but made a recovery in the afternoon due to reports of a
Cristiano Ronaldo Faces $1 Billion Lawsuit Over Crypto Promotion
Cristiano Ronaldo is currently facing a class action lawsuit in the United States because he endorse
Good News for Swedish Workers: Real Wages Stop Falling
The recent findings from the Mediation Institute show a positive change in Sweden's wage situation.
ECB Faces Potential Losses from Swedish Property Group SBB
Swedish property group SBB's financial troubles have put the European Central Bank (ECB) at risk of
SIM Swapper Gets 8 Years in Prison for Hacking and Crypto Theft
Amir Hossein Golshan, a 25-year-old individual, has been sentenced to eight years in prison and fine
SAS Airlines Making Progress in US Financial Recovery
Airline SAS AB is making progress toward completing its Chapter 11 financial recovery process in the
Slower Economies in the Nordic Region
The economies of Nordic countries, including Finland, Denmark, and Sweden, are currently slowing dow
Virgin Atlantic and British Airways Face Environmental Complaints
Virgin Atlantic and British Airways are facing complaints for allegedly misleading customers about t
Chinese Farmers Let Vegetables Spoil Due to Low Demand
In certain parts of China, farmers are facing a tough situation where they must leave their fresh ve
Expensive Skiing Costs in Sweden During Sports Holidays
The upcoming sports holiday is expected to be more expensive for those who want to go skiing, especi
Online Marketplaces See Big Increase in Secondhand Goods Sales
Online marketplaces like Amazon and eBay are seeing a big increase in the sale of used items.
Digital Bank Robbery Risks for Central Bank Digital Money
The Bank for International Settlements (BIS) has issued a warning about the significant risks associ
G20’s Infrastructure Projects: Here’s What You Need to Know
In the world of global news, it’s been two years since the inception of the Partnership for Global I
Sweden's Economy Falls into Recession Due to Higher Costs
Sweden's economy entered a recession in the third quarter, experiencing a 0.3% decline in its gross
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
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 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
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
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, 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
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 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
British retailers are having a tough time this Christmas.
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
With Advent approaching, it's time for lussebak, a Swedish baking tradition.
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
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 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 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
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
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 government is preparing to introduce new laws to update the operations of the Reserve Ba
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
On Black Friday in the United States, a record-breaking $9.8 billion in online sales occurred.
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
The United Nations' Food & Agriculture Organization (FAO) is about to release a comprehensive plan c
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
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
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 the Winter Olympics in 2030, and they have a new idea to keep it affordabl
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
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 is currently experiencing a significant drop in new housing construction, reaching its lowest
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
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 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 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, 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 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 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 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
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
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 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
Germany's financial institutions are currently facing challenges such as increased interest expenses
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
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 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
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 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
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 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
The ongoing conflict between Israel and Hamas in Gaza is imposing a significant financial burden on
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'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
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
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, which was in short supply and had high prices during Russia's invasion of Ukraine, is
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 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 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 AB has introduced its groundbreaking sodium-ion technology, a batt
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
The European Central Bank (ECB) has expressed concerns regarding European banks' susceptibility to f
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 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
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
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
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 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?
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
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
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
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, 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
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
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 Li Shufu's company, Zhejiang Geely Holding Group Co., is selling approximately $
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 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
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 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
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
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 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, 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
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 currency, the lira, has been steadily losing value over the past three months, which has ca
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, 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 is facing challenges in Sweden as workers demand a collective bargaining agreement.
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 has denied reports suggesting that SpaceX, his space company, plans to offer its satellite
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
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, 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
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, a company that makes medicines for other companies, is having financial troubles and is de
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 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 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 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 has purchased a shopping mall in Brighton, UK, for an estimated £145 million.
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'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 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
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'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
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
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 Car AB is launching a high-end battery-powered minivan, called the EM90, in China.
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
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 state that farms primarily owned by white people can't export their agricu
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
Novo Nordisk has disclosed that its obesity treatment, Wegovy, provides heart-protective benefits th
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 is planning to order approximately 350 aircraft from Airbus, and the announcement i
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
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
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
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
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
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 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 company SBB is facing a critical situation as one of its lenders has officially req
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 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
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
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
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 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 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 electric car manufacturer Polestar has updated its 2023 delivery forecast, lowering it to ar
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
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
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 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
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
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
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
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
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 experienced a slight decline last month, which has raised concerns about whet
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 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
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%
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 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 recently reported its first quarterly loss in nearly six years, amounting to $785 million.
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," an English-language publication focused on providing comprehensive coverage of
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 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
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 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 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
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
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
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
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
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 poppy production in Afghanistan has dropped significantly since the Taliban government banned
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 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 LP are increasing their investment in SAS AB, a Scandinavian airline,
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'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
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
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
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
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
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, the company that creates COVID-19 vaccines, recently stated that its 2023 sales are expecte
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 is considering a substantial investment, potentially up to $5 billion, in the Indian Pr
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
In October, the prices of homes in Sweden continued to drop.
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 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, 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 firms are using a strategy to deal with rising interest costs on their leveraged buyo
Egypt Likely to Maintain Interest Rates Amid Economic Challenges
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UAE Considers $50 Billion Investment in India's Growing Economy
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Sweden Sees Highest Bankruptcy Level Since 1999
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Indian Shoppers Boost Economy with Festive Season Spending Spree
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Nvidia Stock Drops Due to U.S. Rules on Chinese Chip Orders
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Government Lawyer Wants to Stop JetBlue from Buying Spirit Airlines
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Vodafone Sells Spanish Business to Zegona for Up to €5 Billion
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Hackers Steal $4.4 Million in Cryptocurrency Using LastPass Data
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Eurozone Economy Faces Challenges: Slow Growth and Recession Risk
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Carlsberg Reports Sales Growth Despite Wet Summer and Price Hikes
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Saudi Arabia's Economy Shrinks in Q3 Amid Oil Production Cuts
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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
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Online Fraud Targets Top UK Banks: Monzo, Starling, and Metro Bank
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Sweden's Economy Slows Down in the Last Three Months
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