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Chip Company Nvidia Wants to Set Up a Base in Vietnam
The major American chip group Nvidia wants to set up a base in Vietnam to help develop the semiconductor industry in the Asian country. Nvidia CEO Jensen Huang said this during a visit to Vietnam and a meeting with Prime Minister Pham Minh…
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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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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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Meta Risks European Ban on Personalized Advertising
Meta, the parent company of Facebook and Instagram, risks a ban in the European Community on using personal data for targeted advertising. These personalized advertisements are contrary to European privacy rules.
The European…
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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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China Wants to Limit Misunderstandings With US, Says Foreign Minister
China wants to avoid misunderstandings and misjudgments with Washington. Chinese Foreign Minister Wang Yi said this before a meeting with his American counterpart Antony Blinken.
According to the Chinese minister, relations between…
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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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Wall Street Shows Recovery, Despite Disappointing ADP Job Figures
The stock markets in New York opened slightly higher on Wednesday after heavy losses a day earlier. Investors on Wall Street focused, among other things, on the jobs figure of payroll processor ADP. That turned out much weaker than…
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