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Study: Companies are Doing Less to Reduce Their Carbon Emissions
Companies' efforts to combat CO2 emissions are weakening, reports financial analysis agency MSCI. The American organization concludes that, at the current state of affairs, large listed companies will emit too much in 2026 to limit global…
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Nissan and Honda Raise Expectations Due to Strong Sales
Japanese carmakers Nissan and Honda have raised their profit and revenue expectations for the current fiscal years, helped by strong sales worldwide. The cheaper yen is also boosting results.
The groups both warn that intense price…
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Saudi Aramco’s Profit Declines Again Due to Lower Oil Prices
The profit of the Saudi state oil group Saudi Aramco fell by almost a quarter in the third quarter of this year. Lower oil prices and production cuts mainly caused the profit decline.
The world's largest oil exporter recorded…
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Tesla Increases Model Y Prices on the Chinese Market
Tesla will increase the prices of its popular Model Y versions in China. The move follows a model refresh in October.
The American electric car manufacturer is once again adjusting its prices in the largest and most competitive…
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EU Asks AliExpress for Information About Sales of Illegal Products
The European Commission has asked AliExpress for information about the measures the Chinese online store is taking against the online distribution of illegal products, such as counterfeit medicines.
The request is in line with the…
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The American Labour Market is Growing Less Quickly Than Expected
Employment in the United States grew less rapidly than expected in October. The world's largest economy added 150,000 new jobs last month, according to the U.S. Department of Labor's landmark monthly jobs report.
Economists…
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Red Bull Heir Receives $615 Million in Dividends
Mark Mateschitz, the heir to Red Bull, has received a total of $615 million in dividends. It is his first payout since he took over the stake in the Austrian energy drinks company from his father Dietrich Mateschitz, who died last year.…
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Pfizer Loses Billions Due to Collapsed Demand for Corona Vaccines
The American pharmaceutical company Pfizer, known for its corona shots, suffered a loss of billions in the third quarter. This was mainly due to collapsed demand for its coronavirus vaccines.
The group suffered a loss of 2.4…
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