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Record Profit for Uber Due to Demand for Taxi Rides and Meals
Tech company Uber Technologies saw demand for taxi rides and meals ordered through its apps rise sharply in the first quarter of this year.
Operating profit skyrocketed to an all-time high, from $168 million in the first quarter of…
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LEGO Only Sees Going Public as a Last Option
The Danish family company LEGO will only consider an IPO as a very last option, where no one in the family would want to run the toy company anymore.
Thomas Kirk Kristiansen, who belongs to the fourth generation of the family…
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G7: Artificial Intelligence Necessitates Extra Rules
The further development of artificial intelligence (AI) necessitates additional regulations. Ministers of the G7, a group of seven rich countries including, for example, Germany and the United States, agreed on this at a summit in Japan.…
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Irish Minister: Inflation can be Reduced With Companies’ Price Reductions
Irish Finance Minister Michael McGrath says that companies should do their part in the fight against inflation by lowering their prices.
He also thinks the European Central Bank (ECB) should be careful with interest rate hikes…
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Pope Francis Visits Hungary and Calls for Peace in Ukraine
Pope Francis is in Hungary for a three-day visit. Francis has meetings with the Hungarian president and Prime Minister Viktor Orban. On Sunday, he will also lead a mass in the centre of Budapest.
Pope Francis' long-awaited visit to…
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Intel Rises, Snapchat Crashes on Wall Street After Quarterly Results
On Friday, Intel was one of the strongest risers on the New York stock exchanges. However, the large American chip producer suffered the largest loss last quarter in the company's history.
However, the loss was not too bad, and…
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New Rail Strikes Announced in UK
A British train drivers' union has announced a strike for May 12, May 31 and June 3. Spoorbond Aslef rejected a proposal from 16 railway companies in the wage negotiations. The British channel Sky reports this.
According to the…
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Microsoft is Not Allowed to Take Over Games Company From British Watchdog
The takeover of games company Activision Blizzard by Microsoft may not go ahead from the British regulator CMA. He thinks that Microsoft is getting too much power in the market for cloud games.
According to the watchdog, Microsoft…
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