Tag #Financial Crisis

Showing 73 to 84 of 131 results

cnn.com
🌐 85% Global Worthiness
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Nissan-Honda Merger Talks Collapse Amidst Nissan's Financial Crisis

Nissan and Honda terminated their merger talks, which would have created the world's third-largest carmaker, due to disagreements on business integration structure; Nissan, facing financial struggles and high EV development costs, is now seeking new partnerships.

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Bitcoin Surges to $110,000 Amid Trump's Pro-Crypto Stance, but Trade War Fears Loom

Following Donald Trump's U.S. presidential victory, Bitcoin's price soared to almost $110,000, driven by Elon Musk's leaked White House crypto plans and increased Wall Street adoption; however, concerns of a $4 trillion crypto bubble and a potential global trade war fueled by Trump's tariffs on Cana...

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48% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
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D-reizen Bankruptcy Primarily Caused by COVID-19 Pandemic

The bankruptcy of Dutch travel agency D-reizen in April 2021, impacting 1200 employees and thousands of customers, was primarily caused by the COVID-19 pandemic's drastic reduction of its €550 million annual turnover to €25 million, despite an investigation clearing its leadership of financial wrong...

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40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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NWL Takes Over Financially Troubled Eurobahn

The financially struggling German regional railway company Eurobahn will be temporarily taken over by the Zweckverband Nahverkehr Westfalen-Lippe (NWL) for a symbolic one euro, securing regional rail services in Westfalen-Lippe until a private investor is found by 2027.

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36% Bias Score

Industry, Innovation, and Infrastructure
cincodias.elpais.com
🌐 75% Global Worthiness
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Santander UK Chairman Resigns Amidst Strategic Shift and Legal Challenges

Santander UK chairman William Welker resigned Tuesday, triggering a search for a successor amidst strategic shifts, including potential job cuts and a focus on US expansion, and following a £350 million provision for a British court ruling on auto loan practices.

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52% Bias Score

Decent Work and Economic Growth
themoscowtimes.com
🌐 85% Global Worthiness
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Russia Faces Looming Corporate Bankruptcy Crisis

Russia faces a potential surge in corporate bankruptcies due to the Central Bank's 21% interest rate hike in October 2024, impacting various sectors, including manufacturing, transport, and retail, resulting in a potential $51 billion loss and 7.5 trillion rubles in bonds due in 2025.

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36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin

Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.

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44% Bias Score

Responsible Consumption and Production
forbes.com
🌐 85% Global Worthiness
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Bitcoin's \$100,000 Surge Sparks Fears of Market Collapse

Bitcoin's price exceeded \$100,000 following Trump's election, prompting Elliott Management to warn of an "inevitable collapse" due to Trump's crypto support and investor speculation, potentially threatening the U.S. dollar's dominance.

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76% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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Walgreens Suspends Dividend After 90+ Years, Stock Plunges 11%

Walgreens Boots Alliance Inc. suspended its dividend after more than 90 years, causing an 11% stock drop in premarket trading due to financial challenges including legal issues, rising costs, and reduced consumer spending; the company plans to close 1200 stores.

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40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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RTVE to Use Reserve Fund to Cover €30 Million Loss

RTVE, Spain's public broadcaster, reported €30 million in losses for 2024, exceeding its budget despite additional funding for major sporting events; the broadcaster will utilize its reserve fund to cover the deficit, a measure not taken since 2019.

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48% Bias Score

Responsible Consumption and Production
nrc.nl
🌐 75% Global Worthiness
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Jumbo CEO Ton van Veen to Resign Amidst Restructuring and Legal Challenges

Jumbo CEO Ton van Veen announced his resignation, effective within months, after leading a period of restructuring and cost-cutting to improve profitability and relations with the founding family, despite recent declines in market share and ongoing legal issues involving the previous CEO.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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British Council's Financial Crisis Threatens Sale of Iconic Art Collection

Facing a £197 million debt from a pandemic loan and high interest payments, the British Council, a UK cultural organization, may sell half its £200 million art collection, impacting its global outreach and the UK's soft power.

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52% Bias Score

No Poverty

Showing 73 to 84 of 131 results