Tag: Europe

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Oil and copper stocks unstable as recession looms closely

Thursday saw global markets taking a dip as shareholders grow impatient watching the hiking interest rates be a cause of the soaring inflation, which...

Russian bank VTB no longer has control of European Subsidiary

Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions. This was stated by the German...

Europe’s banks brace for Russia fallout

European banks were bracing for the fallout from fresh global sanctions. This is as the Ukraine crisis escalated. Even the U.S. bank executives said...

Caixabank considers selling 9.92% stake in Erste group

Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...

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Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

Yen Weakens Against Dollar as Investors Assess Global Market Risks

Global currency markets showed mixed movements on Tuesday, October...

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