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Bank of England Refutes British Minister’s Claim Over Stock Market Crash
Claims by British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Karteng are wrong. That says the Bank of England in a letter to the British House of Commons.
The Truss administration claimed that a downturn in UK…
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Record Fine Apple Divided by Three in France
Judges in Paris have sharply reduced a cartel fine for American tech giant Apple to a third of the original amount.
The company behind the iPhone now only has to pay 371.6 million euros instead of the previously imposed record fine…
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Zelensky Urges New European Bloc to Restore Peace
The new European political consultation forum of 44 countries is "an opportunity to restore peace in Europe", according to Ukrainian President Volodymyr Zelensky.
He said this in a video speech addressed to the leaders of all…
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Wall Street Started Slightly Higher on New Trading Day
The stock markets in New York opened slightly higher on Thursday, so the losses from a day earlier did not continue. The strong rally on Wall Street from the beginning of this week has come to an end for the time being.
Investors…
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Nvidia to Pull Out of Russia Altogether
Chipmaker Nvidia is still shutting down its activities in Russia. The company previously announced that it would no longer sell products in the country, but it still had offices in the country.
As a result, they are now closing…
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Ukraine Claims Victories in Annexed Luhansk Region
Ukraine claims victories in the eastern Luhansk region after territorial gains in the neighbouring Donetsk region and on the southern front.
Luhansk was previously fully under Russian control and is one of four regions illegally…
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Business Activity Down, Recession in Europe Imminent
Corporate activity in the eurozone continued to decline last month. This is according to final figures from research firm S&P Global. A recession in Europe also seems imminent.
Some economists even think that part of the…
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Musk Sees Twitter Purchase as Stepping Stone to an Everything App
Elon Musk sees the purchase of Twitter as a step toward an 'everything app'. This is apparent from a tweet from the Tesla CEO, who now wants to continue with the takeover of the messaging service.
An 'everything app' is an app that…
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