Tag : business

Economy & Business

Experts warn of a housing gap as construction slows in Germany

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FALCON POWERS – The number of new apartments completed annually has hardly changed since 2021, dramatically missing government targets. Germany’s Federal Statistical Office announced on Thursday that 294,400 new apartments were built in Germany last year, a yearly decline of 0.3%. This total was far below the state’s target of......
News Variety

How to Overcome Social Media Addiction and Stop Comparing Our Lives to Others

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FALCON POWERS – Many of us spend long hours browsing social media sites, and some may even become addicted. Others can fall into the trap of feeling sadness, anxiety, anger, or even envy when seeing the seemingly perfect lives of their friends through their various posts, videos, and photos of......
Economy & Business

Nvidia’s earnings beat market forecasts as AI demand soars

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FALCON POWERS – Nvidia has reported April-quarter earnings that topped market forecasts. The chipmaker announced a 10-for-1 stock split as the share price surpassed $1,000 (€923). Nvidia, the leading chipmaker, reported robust earnings for the first quarter of fiscal year 2025, driven by surging demand for artificial intelligence (AI) chips.......
Economy & BusinessInternational

Blinken: U.S.-Saudi Agreements May Be Completed “Within Weeks”

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FALCON POWERS – On Wednesday, U.S. Secretary of State Antony Blinken said that the United States and Saudi Arabia are very close to finalizing a set of agreements in the areas of nuclear energy, security, and defense cooperation as part of a broader deal for normalization between Riyadh and Israel.......
Economy & Business

European Stocks Drop Under Pressure from Automakers and Inflation Concerns

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FALCON POWERS – European stocks declined on Wednesday, affected by a wave of selling in automotive stocks after news of potential Chinese tariffs on imported cars, as well as stronger-than-expected UK inflation data that weighed on investor sentiment. The European automotive stocks index fell 1.9% to its lowest level in......
Economy & Business

Belgian Consumer Protection Organization Warns Against Shein Clothing

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FALCON POWERS – The results of tests conducted by the Belgian consumer protection organization “Testachats” on children’s clothing and shoes sold on the Shein e-commerce platform have raised serious concerns due to the presence of hazardous substances exceeding limits for children. During the testing, 25 items of children’s clothing and......
European

Officially… Norway, Ireland, and Spain Announce Recognition of the State of Palestine

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Falcon powers – Spain, Norway, and Ireland have officially announced the recognition of the Palestinian state, a move that will take effect on May 28 of this current year. Norwegian Prime Minister Jonas Gahr Støre stated that Norway will recognize Palestine as an independent state starting on May 28. Støre......
InternationalNews Variety

News publishers sound alarm on Google’s new AI-infused search, warn of ‘catastrophic’ impacts

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The A.I. doomsday clock appears ready to strike midnight for publishers. FALCON POWERS –  Google on Tuesday announced that it will infuse its ubiquitous search engine with its powerful artificial intelligence model, Gemini, drawing on the rapidly advancing technology to directly answer user queries at the top of results pages.......
Economy & Business

Dollar rises amid anticipation of Federal Reserve interest rate signals

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FALCON POWERS – The dollar rose against the euro on Monday as investors awaited further signs on the path of U.S. interest rates following cautious comments from Federal Reserve officials, even as there were signs of slowing inflation. Fed officials are not yet ready to say that inflation is heading......
Economy & Business

China’s Fuel Oil Imports Hit Highest Level Since 2020

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FALCON POWERS – Data from China’s General Administration of Customs showed on Monday that China’s fuel oil imports rose 10% in April compared to a year earlier to 2.93 million metric tons, the highest level since at least 2020 according to Reuters records. According to trade sources familiar with the......