Business

Mercedes-Benz claims to be the first car manufacturer to use its vehicles for payment. Starting this month, Mercedes drivers in Germany will be able to pay for manufacturer's apps by having their fingerprint scanned in the car. …
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ECB President Christine Lagarde has confirmed that the European Central Bank (ECB) will raise interest rates by another 50 basis points later this month to curb inflation. "All the numbers we have seen recently confirm that this…
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Apple will invest a billion euros in Munich's European chip design centre. It is already the second time it has done so since 2021. The chip centre is Apple's most important development site in Europe. It focuses on three themes:…
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The German sports brand Puma made a record profit last year but warns of less profitable times in 2023. Due to cost increases, shopkeepers and distributors have built up large sports shoes and clothing stocks. They now have to get…
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Zoom Video Communications was one of the risers at the stock exchanges in New York on Tuesday. The video chat service became hugely popular during the Corona pandemic and performed better in the last quarter than investors and analysts had…
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The Financial Action Task Force (FATF), an international watchdog against money laundering and terrorist financing, has suspended Russia's membership over the war in Ukraine. According to a FATF statement, Russia's "unacceptable…
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Netflix has reduced the price of its subscriptions in more than 100 countries. However, it mainly concerns low-income regions where the streaming service has few customers. Netflix confirmed that it is adjusting prices in certain…
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The Chinese online store and tech group Alibaba has seen profits rise sharply in the past quarter. The company mainly benefited from major cost savings. As a result, profit increased by 69 percent annually to 27.7 billion yuan, the…
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