Israel to impose a ban on fur in the trade and sale of fashion products. According to the Israeli government, fur may only be used for research purposes and for certain religious traditions. Animal rights groups applaud the ban, saying Israel is the first country to impose such a […]
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Game Console Company Nintendo to Open Museum
Game console and game maker Nintendo plans to open its own museum, where visitors can look at the products the Japanese company has released over the years. The museum in the Japanese city of Kyoto should open its doors in the spring of 2024. Earlier this year, a Nintendo […]
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EU Comes Up With Plans for Digital Wallet
The European Union will unveil plans for a digital wallet on Wednesday. This is reported by the British business newspaper Financial Times. Citizens should be able to securely access a range of corporate and government websites by logging into the yet-to-be-built app. The app could also be used as […]
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KLM Continues to Fly Over Belarus
Airline KLM continues to fly through Belarusian airspace. The airline says it sees no safety risk and states that the flight schedule “will continue normally”. KLM has consulted with the government and carried out a risk assessment. Several other airlines are avoiding Belarusian airspace for the time being. On […]
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Turkish Energy Company Stops Power Supplies to Lebanon
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 from a deep economic crisis. Karpowership supplies about a quarter of Lebanon’s power needs and […]
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McDonald’s Sells More Fast Food Than Corona
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, there has been a significant increase. This was partly due to introducing […]
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IPO of TikTok Parent Company ByteDance Postponed
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 opt for an IPO in Hong Kong or […]
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Angry Tesla Driver Climbs on Model 3 During the Auto Show in Protest
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 didn’t work”. This can be seen in a video from […]
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Oil Demand Will Increase More This Year Due to Vaccinations
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 the IEA, the rising number of corona infections in certain large countries may pressure that recovery […]
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Strong Business Results Advance the Japanese Stock Market
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. A rapid rise in the price level can cause interest rates […]