In a dramatic market response, Siemens Energy saw its shares plummet by 35% on Thursday, subsequent to its appeal to…
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Business
X reports 15 percent user decline, 54 percent US ad revenue slide under Musk in a year
by Adminby AdminA year has passed since billionaire Elon Musk acquired Twitter, now rebranded as “X,” for a whopping $44 billion. Despite…
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Business
Central bank of Turkey lifts benchmark interest rate to 35 percet amid inflation woes
by Adminby AdminIn a decisive move to tackle rampant inflation, Turkey’s central bank announced a significant hike to its benchmark interest rate…
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In a surprising reveal, tech giant Meta has exceeded market predictions with a substantial 23% rise in its third quarter…
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Despite the worldwide momentum toward clean energy, two of America’s oil giants have recently placed significant bets on fossil fuels.…
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On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable…
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Business
Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise
by Adminby AdminChinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by…
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World Bank’s revised outlook for East Asia reflects China’s economic hurdles
by Adminby AdminAmid concerns about China’s economic stability and diminished global demand, the World Bank has revised its growth projections for developing…
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Business
Maritime’s green future priced at $28 billion annually until 2050 by UNCTAD
by Adminby AdminThe United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm for a swift and inclusive shift towards…
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The IRENA Innovation Week, set to unfold from September 25th-28th in Bonn, will shine a spotlight on transformative renewable solutions…