Stock Market
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Electrolux loses money in Q3 and gets ready for another market slowdown.
Electrolux, a Swedish company, lost money in the third quarter because costs went up, especially in North America, and sales…
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Finnair had its first profitable quarter since 2019.
Finnair, which is the national airline of Finland, had its first positive quarterly comparable operating profit since the last quarter…
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Investors are not happy with European stores this Christmas.
European stores that sell everything from running shoes to handbags are likely to feel the effects of the cost-of-living crisis…
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Porsche’s profits are up 40% in the first nine months, which confirms the forecast.
On Friday, Porsche’s operating profit went up by 40.6% to 5.05 billion euros. This was the company’s first report since…
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The French asset manager, Amundi, lost $13 billion in the third quarter.
On Friday, French asset manager Amundi said it lost 12.9 billion euros ($12.86 billion) in the third quarter. This was…
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Elon Musk’s takeover of Twitter starts with firings and the announcement that the “bird is freed.”
On Thursday, Elon Musk bought Twitter Inc. (NYSE:TWTR). He fired the company’s top executives and didn’t say much about how…
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European stocks fall before the ECB’s decision, and Credit Suisse falls on plans to turn things around.
Investors were cautious on Thursday as they waited for the European Central Bank to raise interest rates, which was widely…
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The CEO of Carlsberg says that rising prices could hurt beer sales in 2023.
Danish brewer Carlsberg (OTC:CABGY) hasn’t seen much evidence that rising inflation is hurting beer sales, but Chief Executive Cees ‘t…
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Unilever is not optimistic about how consumers feel in Europe and China.
Unilever (NYSE:UL) Plc said Thursday that consumers in Europe and China, two of its most important markets, are in a…
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Australia’s stock market is up at the end of the day; the S&P/ASX 200 is up 0.50.
Stocks in Australia went up after the market closed on Thursday, thanks to gains in the gold, energy, and resources…
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