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Nikkei Breaks Four-Day Loss Streak After US Rate Hike
The Tokyo stock exchange closed higher on Thursday, breaking a four-day loss series. The mood was supported by higher closing positions on Wall Street, where the sharp rate hike by the Federal Reserve was positively received.
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Wall Street Higher Towards Federal Reserve Rate Decision
Stock markets in New York bounced slightly on Wednesday ahead of the Federal Reserve's important interest rate decision. The central bank is expected to raise interest rates in the United States by 0.75 percentage points. That would be the…
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BP Invests in Huge Green Energy Project in Australia
British oil and gas group BP is investing in a huge green power generation project in western Australia.
In an area that is larger than the provinces of North and South Holland combined, solar panels and wind turbines are to be…
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Volkswagen in Talks With Brazilian Prosecutors Over Slave Labour
Volkswagen is to meet with Brazilian prosecutors on Tuesday. They accuse the German car manufacturer of having violated human rights when running a large farm during the military dictatorship in Brazil.
According to the…
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Russia Earns 93 Billion Euros in Fuel Exports Since War
Russia is posting record revenues despite calls to stop buying raw materials from the country over the war in Ukraine.
In the first 100 days of the war in Ukraine, Russia earned 93 billion euros from the export of fossil fuels. The…
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Stock Watchdog Investigates Ericsson for Possible IS Bribery
The US stock watchdog SEC has opened an investigation into Ericsson over suspicions that the company paid bribes in Iraq and possibly financed ISIS.
News of the possible bribery became known at the beginning of this year and dates…
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Top Man Expedia: Holidaymaker Accepts Higher Costs
Holidaymakers are ready to take the plane in the coming months, although disruptions in travel schedules due to staff shortages and soaring inflation could dampen holiday joy somewhat.
At least that's what Peter Kern, CEO of…
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Approval of New Games Leads to Price Jump on Hong Kong Stock Exchange
Dozens of new mobile and online games are allowed to be launched in China. Chinese regulators have approved 60 new titles, and investors on the Hong Kong stock exchange reacted enthusiastically.
Last year, China chose to rigorously…
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