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Bitcoin hits new record highs as institutional interest grows Bitcoin has soared to new record levels this year, driven primarily by increased interest from investors,…
Adidas has announced it is set to make profits of €700m (£598m) in 2024. The announcement comes after the German sportswear giant’s messy situation with Kanye West and his Yeezy shoes. In February, Adidas announced it would sell its remaining Yeezy trainers from its partnership with West for at least cost price.
China’s economy has grown faster in the first quarter than expected, even as the property sector crisis deepens. Official data show GDP expanded by 5.3% in the first three months of 2024, compared to a year earlier. That beat expectations the world’s second-largest economy could see growth slow to 4.6% in the next first quarter.
Early in Asian trading, oil prices experienced a decline following Iran’s retaliatory strike on Israel during the weekend. Despite this, Brent crude, a crucial global oil price benchmark, remained lower but hovered around $90 per barrel on Monday morning.
The Irish Economy: A Tale of Two Realities As economic statistics paint a rosy picture of the Irish economy, small and medium-sized businesses are facing…
The UK’s Financial Conduct Authority (FCA) has issued a warning to motor finance firms to brace themselves for potential additional costs as it continues its…
New statistics from the ONS show the UK economy grew slightly in February, boosting hopes the country is on its way out of recession. The economy grew by 0.1% official figures show, boosted by production and manufacturing in areas such as the car industry,
The chair of the Senate Banking Committee, Senator Sherrod Brown, wrote “Chinese electric vehicles are an existential threat to the American auto industry”.
California, known for its economic prowess, may soon lose its bragging rights as the world’s fifth-largest economy. According to recent data, the Golden State could…
Heathrow Airport has raised concerns about the impact of a new £10 fee for transit passengers as part of the electronic travel authorisation (ETA) scheme…
State Farm Drops Home Insurance for Thousands of Californians in High-End Neighborhoods Thousands of Californians in upscale Westside neighbourhoods in Los Angeles County are set…
In a surprising turn of events, Egypt’s annual urban consumer price inflation rate slowed to 33.3 percent in March, down from 35.7 percent in February. This lower-than-expected figure has caught many analysts off guard, as a poll had predicted a median of 36.3 percent.
US airline regulators have opened an investigation after an engine cowling on a Boeing 737-800 fell off during take-off and struck a wing flap. The flight returned safely to Denver International Airport at about 08:15 local time after originally departing to Houston.
Disney+ plans Netflix-style password sharing crackdown Disney+ is preparing to follow in the footsteps of its streaming rival Netflix and will begin cracking down on…
Profits for Samsung Electronics are expected to jump by more than 10-fold compared to a year earlier. The news comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intelligence (AI) related products booms.
McDonald’s is to buy back all its Israeli restaurants after a boycott of the fast-food chain in response to the Israel-Hamas war. The company said it had reached an agreement with Alonyal for the return of 225 outlets across the country employing 5,000 people.
Amazon has announced layoffs affecting hundreds of employees in its cloud computing division.According to its latest financial report, Amazon Web Services (AWS) has experienced significant growth, now contributing 14% to Amazon’s overall revenue.
Meta owned apps hit by outage WhatsApp, Facebook, and Instagram experienced a temporary outage due to a significant disruption at Meta, their parent company. Late…
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/YVCC4DG5CJHSJMNRHZHGRTFO4M.jpg "Global Economy Approaches Soft Landing, but Risks Remain")
