December 18, 2024
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Lebanon: 12 Martyrs Including 3 Children in Airstrike on Al-Matn

Al-Qassam: We Eliminated 15 Soldiers and Targeted Two Personnel Carriers and a…

Israeli Army: Soldiers Burning Lebanese Flag Violates Military Rules and Values

Renewed Airstrikes on Gaza; Death Toll from Jabalia Massacre Rises to 36

Hamas’s First Response to Closure of Its Office in Qatar and Departure…

UN Rapporteur: The Goal of Establishing a “Greater Israel” Threatens to Erase…

Israeli General: We Are Far from Victory in Gaza; Netanyahu Is a…

Hezbollah: We Bombed Kiryat North of Haifa with a Heavy Rocket Barrage;…

Israeli Army: 1,300 Drones Launched at Israel; We Destroyed Hezbollah’s Drone Stockpile

Have Israel’s Relations with the UN Reached a Declaration of War?

Category : Economy & Business

Economy & Business

Hyundai Loses Approximately $220 Million in Profits Over Three Months

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by admin1023
FALCON POWERS – South Korean automaker Hyundai announced on Thursday a decline in its net profit for the third quarter, reaching 3.21 trillion Korean won ($2.33 billion), a decrease of 3% compared to the same period last year. Its operating profit fell by 6.5%, amounting to 3.58 trillion won. Revenue......
Economy & Business

Is the U.S. Dollar in Danger After the Expansion of BRICS?

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by admin1016
FALCON POWERS – The U.S. dollar has long reigned supreme as the world’s dominant currency for decades, but attempts to diminish its influential role in the global economy and its dominance in international trade transactions are increasingly gaining momentum. With Russia hosting the BRICS summit in 2024, President Vladimir Putin......
Economy & Business

British Minister: London Seeks to Reorganize Its Trade Relationship with the European Union

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by admin1029
FALCON POWERS – The United Kingdom is striving to reset its trade relationship with the European Union, viewing international exchange as a key driver for reviving economic growth, according to British Minister for Trade Policy Douglas Alexander in an interview with AFP. Alexander acknowledged that the UK’s vote in 2016......
Economy & BusinessLebanon and Gaza War

“Israel” Reveals Amount Spent on Assassinating Nasrallah and His Successor

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by admin1025
FALCON POWERS – An official Israeli military source has disclosed that the cost of the war in Gaza and Lebanon over the past fifty days has reached approximately $67.75 billion, including around $12.2 million allocated for the assassination of Hassan Nasrallah and his successor. The website “Walla” reported the source......
Economy & Business

Sharp Rise in Oil Prices After Largest Weekly Increase in a Year

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by admin1032
FALCON POWERS – Oil prices continued their strong gains on Monday, following their largest weekly rise in over a year on Friday amid escalating risks of a regional war in the Middle East. Brent crude futures rose by 94 cents, or 1.2%, to $78.98 per barrel by 09:15 GMT. West......
Economy & BusinessEuropean

Major Swedish Companies Lay Off Thousands of Employees!!

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by admin1036
FALCON POWERS – In a new and “expected” development, Northvolt, a company specializing in the production of electric batteries and solar panels, announced the layoff of 1,600 jobs in Sweden. CEO Peter Carlsson stated in a press release on Monday that the financial and employment situation is extremely challenging, and......
Economy & Business

Germany’s economic sentiment takes a dramatic fall as outlook worsens

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by admin1036
FALCON POWERS – Germany’s economic sentiment plunged to an 11-month low in September, with the ZEW index dropping sharply. Economic outlook worsened across key German industries, impacting the broader eurozone morale. Germany’s economic outlook took a dramatic and unexpected downturn in September, signalling a deepening slump in confidence for the......
Economy & BusinessEuropean

The European Union Plans to Impose 9% Tariffs on Chinese Tesla Vehicles

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by admin1095
The draft will come into effect in November after the consultations are completed FALCON POWERS – The European Union plans to impose a 9% tariff on Tesla vehicles imported from China, as it has notified automakers of its final decision to impose definitive tariffs on electric vehicles shipped from the......
Economy & Business

European Stocks Steady Ahead of Eurozone Economic Data

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by admin1090
FALCON POWERS – European shares saw little change on Tuesday as investors refrained from making big bets ahead of key data from the Eurozone, while the energy sector posted the biggest losses after a decline in global oil prices. By 0710 GMT, the pan-European STOXX 600 index was flat at......