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Web Store Alibaba Wants Hub at Istanbul and Data Center Ankara
Chinese online retailer Alibaba plans to build a logistics distribution centre near Istanbul Airport. The company also plans to build a large data centre near the Turkish capital Ankara.
Alibaba president Michael Evans said this in…
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Economist: China Reopening Good News for Australian Economy
China's reopening after its protracted zero-covid policy is good news for Australia's economy. An economist from the American bank JPMorgan Chase has calculated that Chinese students and tourists could help that country with almost a…
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High Inflation Worldwide Would Decline Only Slowly
Experts expect global inflation to fall in the coming years but will nevertheless remain at a high level.
A survey by the German ifo institute and a Swiss research institute among 1,537 experts from 133 countries shows that they…
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New Electric Car From Sony and Honda is Called Afeela
The electric car that Sony and Honda are working on together will be marketed under the Afeela brand. With this new brand, the two Japanese groups want to compete with Tesla, among others; it was announced at a presentation in the run-up to…
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More Unemployed in Germany in December, Less After Adjustment
Unemployment in Germany rose in December, usual for the time of year, the Bundesagentur für Arbeit reported on Tuesday. However, adjusted for seasonal influences, a decrease in the unemployed can be seen.
The unemployed in Germany,…
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Wall Street Falls on Last Day of Worst Stock Market Year Since 2008
Stock markets in New York fell again on Friday after the strong rebound the day before. As a result, Wall Street is heading for a negative end to 2022, which will go down in the books as the worst year on the stock exchange since the…
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Virgin Islands are Suing JPMorgan Over Ties to Epstein
The US Virgin Islands is suing JPMorgan Chase banking group over ties to sex offender Jeffrey Epstein. According to the Caribbean Sea archipelago's indictment, the bank "turned a blind eye" to Epstein's abusive practices on his private…
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Tesla’s Share Price is Not Going Well
Tesla stock has fallen to its lowest point in two years. The electric carmaker has been in freefall on the stock market since CEO Elon Musk also took over Twitter in April.
A stock in Tesla was worth $407.36 in November 2021, at…
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