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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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Reuters: G7 Countries Agree on Code of Conduct for AI Companies
The G7 countries have agreed on a code of conduct for companies developing artificial intelligence (AI) systems. This is reported by the Reuters news agency, which saw a document from the Group of Seven rich countries, including Germany and…
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Microsoft Rises, Google Parent Alphabet Falls on Wall Street
Software group Microsoft was among the big winners on the New York stock exchanges on Wednesday. The company behind the Windows operating system made more profit last quarter than experts had expected.
Microsoft benefited from…
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China Returns to the Brink of Deflation; Exports are also Falling
Consumer prices in China unexpectedly remained unchanged in September compared to a year ago. With an inflation rate of zero percent, the second-largest economy has returned to the brink of deflation, indicating that the country's economic…
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World Trade Growth Forecast Sharply Reduced by WTO
The World Trade Organization (WTO) has sharply lowered its growth forecasts for goods trade this year. Growth is expected to be over half lower than predicted six months ago.
The WTO refers to inflation in the United States and…
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