The oil and gas giant Shell reported record profits last year when Russia’s invasion of Ukraine caused energy prices to soar. Profits reached 39.9 billion dollars in 2022, the company’s highest level in 115 years. Energy companies have made record profits ever since the invasion of Ukraine led to an increase in the price of […]
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The Bank of England (BOE) predicts that the UK will enter a recession this year, but it will be shorter and less severe than anticipated. As energy costs fall and price increases slow, the slump is now expected to last just over a year rather than almost two. BOE warned that although fewer people are […]
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According to a report, India’s sales of electric two-wheelers are anticipated to reach around 22 million by 2030 due to the demand for affordable transportation and the focus on lowering carbon emissions. In the 2022 calendar year, India’s overall EV penetration, including two-wheeler sales, was approximately 3%. India is primarily a market for two-wheelers. According […]
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LootMogul, a company that operates in the sports metaverse, has formed a partnership with Six Sport, a prominent sports marketing and commercial rights agency, to support its strategic growth plans and speed up the adoption of blockchain gaming for athletes and sports organizations, providing truly immersive sports fan experiences. One of the most well-known sports […]
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It is anticipated that the government will announce hundreds of millions of pounds of assistance to assist Britain’s two largest steelmakers in going green. The UK chancellor, Jeremy Hunt, is likely to announce the funding for British Steel and Tata Steel UK. Each is anticipated to receive grants totalling approximately 300 million pounds to assist […]
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Inflation that has increased rapidly in the United States over the past year has had an effect on consumers’ wallets. Eggs are the most recent source of concern because, according to the Bureau of Labor Statistics, their price increased by 138% in December compared to the previous year to $4.25 per dozen. A farm organization […]
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Netflix is looking for a flight attendant to work on one of its private jets. The successful candidate could earn up to $385,000 per year. The huge streaming company says it’s looking for people with exceptional customer service and discretion skills. They should also be able to work independently and with little direction. Netflix cut […]
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In 2022, General Motors Co. have taken the lead in the US auto sales from its rival Toyota Motor Corp. because it was able to better meet the strong demand for cars and trucks despite supply disruptions throughout the industry. In closely watched competition, GM posted a 2.5% increase in 2022 sales to 2,274,088 vehicles, […]
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As it struggles to cut costs, Amazon intends to eliminate more than 18,000 jobs, the most in the company’s history. Although Amazon stated that Europe would be affected by the layoffs, the online giant, which has 1.5 million employees worldwide, did not specify which nations would be affected. Amazon’s human resources division and consumer retail […]
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After two years of sharp declines caused by the coronavirus pandemic, supply bottlenecks, and the official data showed that new car sales in Germany increased slightly in 2017. According to the federal transport authority KBA, 2.65 million vehicles were registered in Europe’s largest economy in 2022, an increase of 1.1% from the previous year. While […]
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