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Auto Company Daimler Profit Higher Than Expected Despite Chip Shortages
Daimler, the parent company of Mercedes-Benz, has made more profit than expected in the second quarter. Due to the worldwide chip shortages, the German car group focused on the more expensive segment of cars, where higher margins are…
ECB Starts Project to Develop Digital Euro
The European Central Bank (ECB) is taking a major step towards developing a digital euro. The central bank announced that it would start an investigation phase that could last up to two years. After that, it will be checked whether the…
Ryanair Sees Passenger Numbers Rising Again
Due to increasing confidence in travel and relaxation of the corona restrictions, budget airline Ryanair sees its passenger numbers rise again. In June, the Irish low-cost airline exceeded its own expectations with 5.3 million passengers on…
The Ceasefire is Over: Microsoft and Google can Get Back to Each Other
After six years of ceasefire, Google and Microsoft are going to sue each other again. The companies blew up an agreement in which they promised not to sue each other.
In 2015, the two tech giants reached a "non-aggression pact," a…
EU Court: YouTube Not Liable for Copyrights
In principle, Google's video channel YouTube and similar online platforms are not liable for copyright infringement of content that users upload. That would only be the case if the operators actively point out the illegal videos to the…
Judge Gives AstraZeneca More Time for Vaccine Deliveries to EU
AstraZeneca is less likely to supply the EU with corona vaccines than the European Commission demands.
The EU can expect another 50 million vaccines before the end of September, the court in Brussels determined on Friday, according…
British Central Bank Warns Against Cryptos in Payments
The governor of the British central bank warns against the use of cryptocurrencies such as bitcoins for payments.
According to Andrew Bailey, digital currencies fluctuate widely in value and are therefore not suitable as a means of…
Strong Rising Inflation in the US Takes Centre Stage on Higher Wall Street
The US stock exchanges started the new trading day with gains on Thursday. Investors are processing the sharp rise in inflation in the country, but it seemed to have hardly any effect on the indicators in New York for the time being.…
Congress El Salvador Approves Law to Make Bitcoin Legal Tender
The Congress of El Salvador has passed a law to make cryptocurrency bitcoin a legal tender.
This makes it the first country in the world to take that step. President Nayib Bukele wants to stimulate the growth of the Central…
US Wants More Certainty With Metals for Electric Cars
The US government wants more certainty in the supply of essential metals for use in the batteries of electric cars.
Today, China is still one of the main suppliers of these raw materials. The White House wants to reduce that…