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Doloresz Katanich

Business

Shares flying high for Athens Airport after Greek stock exchange debut

Greece put up a 30% stake in Athens International Airport SA, subsequently drawing strong investor interest.

Business

Swiss banking giant UBS sees hopeful future, despite present losses

The Swiss bank has reported pre-tax losses in the last three months of 2023 but has impressive goals, including raising dividends.

Markets

Bitcoin price predictions: How much more could it rise in 2024?

Thinking about investing in the popular cryptocurrency? A recent report predicts that Bitcoin will reach a new all-time high in 2024.

Business

Iran used UK bank accounts to evade Western sanctions: FT

Two of the UK's biggest banks, Santander UK and Lloyds, provided accounts to British companies with links to Iran's intelligence services.

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Economy

EU frowns upon Kosovo phasing out dinar without transition period

The European Commission urges Kosovo to give more time to Serb minorities using the dinar before phasing out the currency completely from the country's monetary system.

Business

'Betrayed' SAP workers rebel against forced office return

The German software giant has changed direction, and more than 5,000 employees have signed an internal petition saying they feel 'betrayed'.

Business

Have any of your car parts been made by forced labour?

Car makers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labour as part of their China supply chains, Human Rights Watch says.

Business

Drugmaker Novo Nordisk reaches market value of $500 million

Demand for obesity drugs has pushed Novo Nordisk's share price to new highs.

Economy

The impact of Brexit on the UK’s financial sector four years on

A report marking the fourth anniversary of the UK leaving the European Union looks at which of the early Brexit predictions came true in the financial sector.

Economy

IMF: Global growth will be stronger than expected in 2024 at 3.1%

The International Monetary Fund (IMF) raised its forecast for global growth, projecting 3.1% in 2024. However, Europe's prospects are not as positive.

Economy

Which is Europe’s most corrupt country?

Transparency International has released its latest report about anti-corruption efforts in Western Europe and the EU.

Business

Does China's Evergrande have to pay back its $300 billion debts now?

The world’s most heavily indebted real estate developer has been ordered to undergo liquidation. But their assets don't cover their liabilities.

Business

UK's flagship nuclear plant hit by more delays as costs balloon

Taking into account price rises, the final cost is one-third higher than expected and the construction takes years longer, developer EDF said.

Economy

These are the fastest-growing jobs in Europe in 2024

AI, sustainability, and cybersecurity are on the rise, LinkedIn said in its latest report about job market prospects for 2024.

Business

SAP plans to 'transform' 8,000 jobs due to AI-driven business

One of Europe’s biggest tech companies is restructuring 8,000 jobs in an effort to shift their focus to AI.

Business

Monitoring its employees too closely cost Amazon millions in France

France's data protection watchdog found the tech giant's practices breached workers' rights, fining Amazon a hefty €32 million.

Business

This AI startup went from zero to $1 billion in two years

Voice AI startup ElevenLabs has gained so-called "unicorn" status after its latest round of fundraising.

Economy

What Italy should do to avoid an economic slowdown

Tax and spending reforms are necessary in the country where the public debt is 140% of the gross domestic product, states a new report from the OECD.

Economy

Davos 2024: Ukraine's Zelenskyy set to meet JP Morgan boss

Ukraine is seeking new ways to finance its rebuilding plans as vital aid from the West slows down. President Volodymyr Zelenskyy reportedly has plans to meet JP Morgan's CEO at the World Economic Forum.

Economy

Germany's GDP shrank in 2023 as industries limped to end of year

Europe's biggest economy had a rough year: German GDP contracted by 0.3% in 2023, according to official data.

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