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Volvo cuts off Polestar, Geely takes over
Volvo Cars announced on Thursday its intention to cease its financial support for Polestar Automotive Holding.…
Nvidia’s China-specific AI chip to match Huawei’s pricing
Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…
Oil prices rise after OPEC+ keeps policy change off agenda
Oil prices rose slightly on Thursday after OPEC+ sources said that the producer group's meeting left production…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
BNPP shares plunge 8% amid Q4 income decline
BNP Paribas (BNPP) experienced an unexpected decline in fourth-quarter income, leading to a delay in achieving a…
Bank of England keeps rates unchanged
The Bank of England (BoE) announced on Thursday that its Monetary Policy Committee (MPC) decided to keep interest…
Wealth dip affects Italy’s SMEs
In a bid to shore up its economy, Italy is actively seeking the savings of its citizens. However, this strategy…
Google inks offshore wind energy deal
Technology giant Google announced on Thursday that it has signed its largest ever power purchase agreement (PPA)…
Hydro to invest €180 mln in new Spanish aluminium recycling plant
Norwegian aluminium manufacturer Hydro plans to invest €180 million ($195.39 million) in a new recycling aluminium…
Deutsche Bank to cut 3.5K jobs as profits fall
Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…