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Airline EasyJet Makes High Profits Thanks to Strong Demand
The British budget airline easyJet has made a significant profit in the past financial year. The company took full advantage of the high demand for air travel in Europe thanks to the strong recovery of aviation from the coronavirus…
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Sam Altman Not Returning as Director of OpenAI
The dismissed CEO Sam Altman of ChatGPT parent company OpenAI will not return to the company as director, reports The Information. Attempts by executives within the company to bring him back have been unsuccessful.
According to the…
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Study: Companies are Doing Less to Reduce Their Carbon Emissions
Companies' efforts to combat CO2 emissions are weakening, reports financial analysis agency MSCI. The American organization concludes that, at the current state of affairs, large listed companies will emit too much in 2026 to limit global…
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Nissan and Honda Raise Expectations Due to Strong Sales
Japanese carmakers Nissan and Honda have raised their profit and revenue expectations for the current fiscal years, helped by strong sales worldwide. The cheaper yen is also boosting results.
The groups both warn that intense price…
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Saudi Aramco’s Profit Declines Again Due to Lower Oil Prices
The profit of the Saudi state oil group Saudi Aramco fell by almost a quarter in the third quarter of this year. Lower oil prices and production cuts mainly caused the profit decline.
The world's largest oil exporter recorded…
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Tesla Increases Model Y Prices on the Chinese Market
Tesla will increase the prices of its popular Model Y versions in China. The move follows a model refresh in October.
The American electric car manufacturer is once again adjusting its prices in the largest and most competitive…
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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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