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According to a report by CCData, Bitcoin is expected to surpass its all-time high this year. Historical trends, particularly the post-halving appreciation period, indicate that Bitcoin could achieve new heights. Bitcoin reached a peak of over $73,700 in March, driven by ...

Nike, the world's largest sportswear brand, reported lackluster growth amid intensifying competition, strategic missteps, and a decline in consumer spending in key markets. The company's sales increased by just 1% over the past year and remained flat in the most ...

In June, the euro and Japanese yen saw significant declines against the US dollar amidst volatile global economic and political conditions. The euro fell to its lowest exchange rate against the dollar since May, dropping below 1.067, driven by political ...

Volkswagen Group plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. This first amount will be a convertible note, potentially converting to Rivian shares after December 1, 2024. The remaining ...

Airbus shares dropped nearly 11% on Tuesday following the company's announcement of lowered targets for 2024, including aircraft deliveries and earnings projections. On Monday, Airbus revised its adjusted earnings before interest and taxes (EBIT) forecast to approximately €5.5 billion ($5.9 ...

Germany's producer price index (PPI) for May revealed a year-on-year decline of -2.2%, a slight improvement from April's -3.3%, yet still marginally above the anticipated -2%. This marks the eleventh consecutive month of falling wholesale prices, largely driven by decreasing energy ...

This week, European stock markets showed signs of stabilization following recent sharp declines driven by political uncertainties. French government bond yields remained steady after the first bond sale since President Macron's call for a snap election, indicating that the previous ...

Solar energy use in the U.S. is rapidly expanding, outpacing all other electricity sources amid rising power demand. Despite criticism from the fossil fuel industry, which argues that renewables still make up a small portion of total power generation, solar ...

The Bank of England (BOE) is poised to maintain its current interest rates despite the U.K. achieving its 2% inflation target for the first time in nearly three years. As of Wednesday morning, the milestone was seen as a significant economic ...

In a sign that even companies in the growing EV market can fail, Fisker, a US-based electric vehicle startup, filed for bankruptcy on Tuesday. The announcement followed a series of financial and operational setbacks. The company had previously warned of its ...

In a notable turn of events, London has regained its status as Europe's premier equity market, overshadowing France, which has been plunged into turmoil by political uncertainty. The French benchmark index, the CAC 40, experienced a significant decline, falling 6.23% last ...

European stock markets rebounded strongly after facing losses earlier in the week, following the release of U.S. Consumer Price Index (CPI) data. Despite opening lower on Thursday, with France's CAC 40, Germany's DAX, and London's FTSE 100 all in the ...

No sooner had Chinese EV makers started to make headway in Europe than the European Union announced that it would impose higher tariffs on Chinese EVs, citing unfair subsidies that threaten the EU's EV industry. The EU bloc concluded that Chinese ...

Several European countries, including Hungary, Poland, Italy, and Spain, are intensifying efforts to attract Chinese electric vehicle (EV) manufacturers by offering lucrative incentives. The European Commission has expressed concerns about the increasing number of affordable Chinese EVs entering the market. However, ...

The euro has experienced a significant drop, hitting new lows against major currencies. The plunge follows French President Emmanuel Macron's call for a snap election in response to a surge in support for the far-right National Rally party. Across Europe, ...