Business

The profit of the Saudi state oil group Saudi Aramco fell sharply in the second quarter compared to a year earlier, mainly due to lower oil prices. Profits fell by 38 percent, but there was still an amount of more than $ 30 billion left for…
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The Bank of England (BoE) has raised the key interest rate in the United Kingdom by a quarter of a percentage point to its highest level in years. The central bank wants to combat inflation, which is still high despite the fastest rate…
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The American pharmaceutical company Pfizer, known for its corona shots, has had a disappointing financial quarter. Due to the collapsed demand for vaccines, turnover fell by more than half in the second quarter. As a result, Pfizer…
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British Prime Minister Rishi Sunak plans to provide millions of pounds in grants to a project to store CO2 in the North Sea. The Sunday Times newspaper reports this. Sunak was due to go to the east of Scotland on Monday to explain…
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The number of monthly active users of the online messaging service X, until recently Twitter, has risen to more than 541 million, according to CEO Elon Musk. That, he says, is a “new high”. Musk reported the figure in a chart on X.…
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French luxury group LVMH will be a major sponsor of next year's Summer Olympics in Paris. It is the first time the parent company of fashion brand Louis Vuitton, among others, has co-financed an international sports competition. …
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Economic activity in the eurozone economy contracted more sharply in July. Business is terrible in the industrial sector due to falling orders and reduced production, according to preliminary figures from market researcher S&P Global.…
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EssilorLuxottica, the owner of eyewear brands Ray-Ban and Oakley and the largest eyewear company in the world, is accused of driving up the prices of its eyewear by up to 1,000 percent. That's according to a lawsuit filed by…
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