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Demand for Diamonds Remains High
The demand for diamonds remains high. Since February, the world's largest diamond producer De Beers hasn't sold…
Intel Wants to Pump Tens of Billions into European Chip Capacity
The American chip company Intel wants to spend tens of billions of euros in the next ten years to improve chip…
Agreement for Safe Bangladesh Garment Factories Extended
Representatives of the garment industry and international trade unions have reached an agreement on the two-year…
Growth for Chinese Tech Company Tencent, But Concerns Remain
Chinese tech company Tencent further increased sales in the second quarter of this year. As a result, profits were…
Wall Street Opens Lower Due to Weak Chinese Economy Data
Stock markets in New York opened lower on Monday, mainly under pressure from disappointing macroeconomic data from…
Chinese Exports Grew Less Rapidly in July
The export of goods from China grew less fast on an annual basis in July than in previous months.
This is…
Bloomberg: Unilever Gives the Go-Ahead to Sell Tea Division
Food group Unilever has given the go-ahead for the sale of large parts of its tea division. Sources tell Bloomberg…
Wall Street has Mixed Opinions on the Results of Large Companies
After another string of corporate results, Wall Street started the new trading session with small price movements…
China’s Sizeable Industry Grows Less Strongly
The sizeable Chinese industry grew less strongly in July than a month earlier. The industry in China had to contend…
IMF Estimates Stronger But Unevenly Distributed Global Economic Growth
The global economy is likely to pick up faster next year than previously forecast. But the prospects have…