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SpaceX

SpaceX to accept cryptocurrency for launch of lunar mission

Elon Musk's SpaceX will accept meme-inspired cryptocurrency Dogecoin as payment for their upcoming mission to the moon. Canadian company Geometric Energy Corp. announced that DOGE-1...
Eurozone

Eurozone Sentix investor confidence strongest since 2018

Eurozone investor confidence improved to the highest level in more than three years in May suggesting that the recession caused by the coronavirus has...
Air France Klm

Air France-KLM Q1 loss narrows

Air France-KLM Group (AFRAF.PK), comprising Air France, KLM and Transavia, reported that its first-quarter net loss narrowed to 1.48 billion euros (1.78 billion dollars)...
ArcelorMittal

ArcelorMittal turns to profit in Q1

ArcelorMittal (MT) reported first-quarter net income of 2.29 billion dollars or 1.93 dollars per share compared to a net loss of 1.12 billion dollars...
Societe Generale

Societe Generale turns to profit in Q1 on strong net banking income

Societe Generale SA (SCGLF.PK, SCGLY.PK) reported Thursday that its first-quarter Group net income was 814 million euros (979 million dollars), compared to last year's...
stock market

Major European markets close weak

European markets ended notably lower on Tuesday following a sell-off in shares of technology firms and several top name companies from other sectors due...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Oil futures settle sharply higher again

Crude oil prices moved higher on Tuesday, extending gains from the previous session, amid continued optimism about increased demand for fuel in the US...
Gold

Gold futures settle lower as dollar rises

Gold futures settled lower on Tuesday as the dollar firmed up against other currencies amid likelihood of a hike in interest rates sometime in...
barrick gold

Gold futures snap four-day losing streak, settle notably higher

Gold futures settled higher on Monday, snapping a four-session losing streak, as the dollar turned easy and bond yields dropped after stock prices moved...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Crude oil futures settle higher

Crude oil futures closed notably higher on Monday amid hopes energy demand will increase in the U.S. following reopening of businesses in several parts...
Industry

U.S. manufacturing growth unexpectedly slows in April

Growth in U.S. manufacturing activity unexpectedly slowed in the month of April, according to a report released by the Institute for Supply Management on...
Black young woman doing shopping in a store

France consumer confidence stable in April

France's consumer confidence remained unchanged in April, defying expectations for an easing, preliminary data from the statistical office INSEE showed Wednesday. The consumer confidence index...
Puma

Puma reports surging first quarter profit

German sportswear firm Puma SE (PMMAF.PK) reported Wednesday that its first-quarter net earnings increased significantly to 109.2 million euros (131.8 million dollars) from 36.2...
Daimler

Daimler Q1 profit surges, revenue up 10 percent

German automaker Daimler AG (DDAIF.PK) Friday posted significantly higher profits for the first quarter, with 10 per cent growth in revenue, while it continues...
Europe Week

European stocks close higher again

European markets closed higher on Thursday, extending recent gains, as investors reacted positively to the European Central Bank's monetary policy announcement, and some encouraging...
Hyundai

Hyundai Motor Q1 profit surges on strong sales volume

Hyundai Motor Co., Ltd. (HYMLF.OB, HYMTF.OB) reported Thursday that its first-quarter net profit including non-controlling interest increased 175.4 per cent to 1.52 trillion Korean...
Nestle

Nestle Q1 organic sales growth at 7.7 percent; confirms 2021 outlook

Nestle (NSRGY.PK, NSTR.L) reported that its first quarter total reported sales increased by 1.3 per cent to 21.1 billion Swiss francs (22.94 billion dollars)...
Ericsson

Ericsson sees first quarter profits climb, sales flat

Swedish telecom equipment maker Ericsson (ERIC) reported on Wednesday that first quarter net income climbed 39 per cent to 3.2 billion Swedish kronor (379.1...
Heineken

Heineken see first quarter profits up, volumes up 12.1 percent

Dutch brewer Heineken NV (HKHHF.PK) reported that its first quarter net profit rose to 168 million euros (201.28 million dollars) from 94 million euros...
barrick gold

Gold futures settle modestly higher

Gold prices moved higher on Tuesday, rebounding from early losses, after the yield on US Treasury notes fell after an early uptick. Gold futures...
ILLUSTRATION - Converted compact SUV: Mercedes is expanding its electric car fleet with the EQA. The GLA serves as the foundation. Photo: Daimler AG/dpa - ATTENTION: editorial use only in connection with the aforementioned text and only if the credit mentioned above is referenced in full

Europe’s new car registrations surge in March

(dpa-AFX) - Europe's new car registrations surged in March due to last year's exceptionally low base of comparison caused by the strict Covid-19 restrictions...
Oil Tanker

Oil prices ease on rising supplies

(dpa-AFX) - Oil prices fell slightly on Friday as investors weighed rising supplies from major producers and the impact of Covid-19 lockdowns on fuel...
Facebook

Facebook removes another 16,000 groups dealing with fake reviews

(dpa-AFX) - The Competition and Markets Authority (CMA) in Britain said Facebook has now removed a further 16,000 groups that were dealing in fake...
European Union

European markets close higher on recovery hopes

(dpa-AFX) - European markets ended on a firm note on Thursday amid optimism about global economic recovery thanks to some upbeat data out of...
JP Morgan Chase

JP Morgan CEO Jamie Dimon sees US economic boom

(dpa-AFX) -JP Morgan Chase & Co chief executive Jamie Dimon expects the US economy to get stronger under the Biden administration. In the annual letter...
banks

Australia central bank keeps monetary policy unchanged

(dpa-AFX) - Australia's central bank maintained its interest rate as well as bond purchase programme on Tuesday, as widely expected, as these measures continued...
Wpid Money Growth

Russia’s service sector growth at 7-month high

(dpa-AFX) - Russia's service sector grew at the fastest pace in seven months in March, data from IHS Markit showed on Monday. The services...
Us Food And Drug Administration Fda

FDA warns 10 companies for illegally selling dietary supplements

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dpa-AFX - The US Food and Drug Administration (FDA) sent out warning letters to ten companies for illegally selling dietary supplements that claim...

Rocket Hopes To Make Biggest Tech Stock Trading Debuts

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Berlin-based internet giant Rocket hopes to raise 1.6 billion euros (2.04 billion dollars) in what is expected to be one of Europe's biggest tech...

Global tensions dip German consumer confidence

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Global tensions resulted in economic expectations in Germany plunging at their fastest pace for more than three decades in August, leading to consumer confidence...