News

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04 Apr 2025 04:01

KB Financial Group's Q3 2024 Results Remain Steady

Daily News

KB Financial Group (KBFG) reported a modest increase in cumulative net profit for the third quarter of 2024 compared to the previous year, but a decline in profit...

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04 Apr 2025 04:01

Volkswagen to Shut Down Its Factories in Germany, Thousands of Jobs at Risk

Daily News

Volkswagen AG (ETR:VOWG_p) is reportedly preparing to close at least three factories in Germany, according to a statement made today by the chairman of the compan...

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04 Apr 2025 04:01

Erdoğan: The Improvement in Our Economy's Key Indicators Continues Uninterrupted

Daily News

Forex - President Recep Tayyip Erdoğan stated, "Despite all the uncertainties in the global economy, the increasing conflicts and tensions in our region, and the ...

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04 Apr 2025 04:01

WeRide Inc Closes $485.5 Million IPO

Daily News

WeRide Inc. (Nasdaq: WRD), a global leader and pioneer in the autonomous driving industry, announced today that its previously announced initial public offering (...

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04 Apr 2025 04:01

Norway Invests Over $360 Million in U.S. Air Defense Missiles

Daily News

The Norwegian army announced on Monday that it has signed a deal worth 4 billion Norwegian kroner (approximately 362.91 million dollars) for the purchase of AIM-1...

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04 Apr 2025 04:01

Alibaba Resolves $433.5 Million Lawsuit Amid Monopoly Allegations

Daily News

Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) has agreed to pay $433.5 million to resolve a class action lawsuit filed by investors in the U.S. T...

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04 Apr 2025 04:01

Korea Zinc Conducts Stock Buyback to Prevent Takeover

Daily News

Korea Zinc successfully repurchased 9.85% of its shares, valued at $1.5 billion, as a strategic move to prevent a takeover. This action is part of the company's e...

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04 Apr 2025 04:01

New York Attorney General Investigates Capital One-Discover Deal

Daily News

New York Attorney General Letitia James has begun reviewing Capital One Financial Corp's proposal to acquire Discover Financial Services. The $35.3 billion deal i...

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04 Apr 2025 04:01

Court Deems Tesla CEO's Tweet Protected Under Freedom of Expression

Daily News

On Friday, the 5th U.S. Circuit Court of Appeals overturned a previous ruling by the National Labor Relations Board (NLRB) requiring Tesla CEO Elon Musk to delete...

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04 Apr 2025 04:01

Philips Cuts Sales Growth Forecast Due to Slowdown in China

Daily News

Dutch medical device manufacturer Philips has revised its sales growth expectations for 2024 due to a decline in demand from China. The company reported a 2% decr...

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04 Apr 2025 04:01

Multinational Companies Adjust Their Strategies Under China's Economic Pressure

Daily News

Global companies are adapting to ongoing economic challenges in China by lowering prices and costs, downsizing operations, and altering strategies in response to ...

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04 Apr 2025 04:01

Boeing Pursues Over $15 Billion Capital Increase Amid Strike Challenges

Daily News

Boeing Co. (NYSE:BA) is launching a capital raise strategy of over $15 billion today, according to a source familiar with the company's plans. This move comes in ...

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04 Apr 2025 04:01

Eli Lilly Set to Launch Weight Loss Drug in Hong Kong

Daily News

Eli Lilly and Company is preparing to launch its weight loss drug in Hong Kong, as reported Sunday, likely by the end of this year. The pharmaceutical giant has r...

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04 Apr 2025 04:01

Azul Secures Additional $400 Million in Financing from Bondholders

Daily News

Brazilian airline Azul has reached a successful agreement with bondholders to secure additional financing. In a statement today, the company announced that it exp...

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04 Apr 2025 04:01

BAWAG Group Delivers Strong Performance in Q3 Results, Focused on Growth

Daily News

Leading banking group BAWAG Group (BAWAG) has announced its Q3 2024 results. The group reported a net profit of €178 million, an earnings per share (EPS) of €2.25...

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04 Apr 2025 04:01

FAA Urged to Accelerate Rocket Licensing Process

Daily News

U.S. Senator Jerry Moran has urged the Federal Aviation Administration (FAA) to expedite the review process for commercial rocket launch licenses. Moran, who is t...

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04 Apr 2025 04:01

U.S. Lawmakers Seek Scrutiny of China's Advancements in Photonics

Daily News

A bipartisan group of U.S. lawmakers has requested the Department of Commerce to examine China's advancements in silicon photonic technology for potential nationa...

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04 Apr 2025 04:01

Netanyahu Aims for More Arab Peace Agreements After Conflict

Daily News

Israeli Prime Minister Benjamin Netanyahu expressed a desire to make more peace agreements with Arab countries following the cessation of hostilities with Hamas a...

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04 Apr 2025 04:01

North Korean Troops Deployed to Assist Russia in Ukraine

Daily News

NATO Secretary General Mark Rutte confirmed on Monday that North Korean troops have been sent to Russia, with some already deployed in the Kursk region. This deve...

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04 Apr 2025 04:01

Volkswagen to Shut Down Factories in Germany and Implement Layoffs Amid Restructuring Process

Daily News

According to the chairman of Volkswagen AG's works council, the company plans to close at least three factories in Germany and lay off a significant number of emp...

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04 Apr 2025 04:01

Moderate Right Advances in Regional Elections in Chile

Daily News

Recently, a shift in the political landscape of Chile has seen the moderate right make gains in regional elections held on Sunday. President Gabriel Boric's coali...

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