Business

Turkish company Karpowership will stop supplying power to Lebanon from two floating power plants off the country's coast. The move follows significant arrears and a legal dispute with the Lebanese government, which is suffering…
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McDonald's has sold more fast food recently than in the same period last year. More turnover was also realized compared to the first quarter of 2019, before the corona pandemic. Especially in the critical American home market,…
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The IPO of the Chinese ByteDance has been suspended for the time being. The technology company behind the popular movie app TikTok would struggle to meet the requirements of both China and the US for an IPO. ByteDance would like to…
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A very dissatisfied owner of a Tesla climbed on a Tesla Model 3 during a car show in Shanghai. The woman was wearing a shirt that read, loosely translated in Chinese characters, "brake didn't work" and shouted, "Tesla's brake…
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Global oil demand will grow more strongly this year than previously thought, thanks to the coronavirus vaccination campaigns and the crisis's economic recovery. That says the International Energy Agency (IEA). However, according to…
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On the Tokyo stock exchange, the mood on Tuesday was buoyed by strong corporate results. Also, investors processed the latest trade figures from China. We also looked forward to US inflation figures, which will be released later today.…
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ABN AMRO will offer Google Pay via its own app in the second quarter. According to the bank, there is a great demand among customers for mobile payment options that work on the Android operating system. "With Google Pay, customers…
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Meal delivery company Deliveroo fell hard on Wednesday during the IPO in London. Several investors had already objected to how the company deals with its deliverers in the IPO run-up. The European stock markets showed little…
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The major Japanese automakers went on sale on the Tokyo stock exchange on Monday. Investors fear that the Renesas chip factory's fire will cause a further shortage of computer chips in the automotive sector. The sharp fall of the…
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The Japanese stock exchange showed recovery on Monday, after the heavy price drop on Friday. Tech investor SoftBank was particularly popular. Investors were pleased to hear that the IPO of office space lessor WeWork, in which…
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