Europe

ECB and Bank of England hike interest rates again in fight with inflation

London: CNN: – Europe’s two largest central banks raised interest rates sharply on Thursday, opting for a bigger rise than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England both raised rates by another half a percentage point. Benchmark interest …

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Tyber Medical acquires ADSM-Synchro, a French orthopedic device company Lehigh Valley Regional News

Tyber Medical LLC has acquired ADSM-Synchro Medical, a French company, for an undisclosed price as the company expands internationally. Tyber, based in Hanover Township, Northampton County, and ADSM-Synchro both make orthopedic implants. “The addition of ADSM’s product lines to our portfolio will create new avenues of growth,” Tyber Medical Chief Commercial Officer James Abraham said …

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He saw Messi badly after winning the World Cup, now karma comes to Mbappé’s brother

Lionel Messi and Ethan Mbappe January 31, 2023, 5:46 p.m After winning the World Cup in Qatar with the Argentine national team, Lionel Messi took a vacation in the country before returning to Paris. When he arrived at PSG, the club made him an honorary passage where Kylian Mbappé was not present, but his brother …

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Europe grew faster than the US last year. Its markets are outperforming too

London CNN — Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its economy looks set to dodge a recession many thought inevitable just a few weeks ago. Since late September, European market benchmarks have risen by 20 percentage points more than Wall Street …

Europe grew faster than the US last year. Its markets are outperforming too Read More »

Europe grew faster than the US last year. Its markets are outperforming too

London CNN — Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its economy looks set to dodge a recession many thought inevitable just a few weeks ago. Since late September, European market benchmarks have risen by 20 percentage points more than Wall Street …

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Prying eyes: Neighbors win privacy feud with UK Tate gallery

LONDON (AP) — The UK Supreme Court says people who live in glass houses have a right to privacy too. The court ruled Wednesday that a viewing platform at London’s Tate Modern art gallery made residents of glass-walled luxury apartments next door feel like animals in a zoo, and impeded “the ordinary use and enjoyment” …

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Exxon smashes Western oil majors’ profits with $56 billion in 2022

HOUSTON, Jan 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are expected to break their own …

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Mobile Phone, PC Shipments to Fall Again in 2023, Gartner Says

STOCKHOLM (Reuters) – Shipments of personal computers and mobile phones are expected to fall for the second straight year in 2023, with phone shipments slumping to a decade low, IT research firm Gartner said on Tuesday. Mobile phone shipments are projected to fall 4% to 1.34 billion units in 2023, down from 1.40 billion units …

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France buys new masterpiece for Orsay museum with LVMH gift

PARIS (AP) — France has acquired a stunning Impressionist masterpiece for its national collection of art treasures, with a donation from luxury goods giant LVMH paying the 43 million euros (nearly $47 million) for “Boating Party” by 19th-century French artist Gustave Caillebotte. The oil on canvas shows an oarsman in a top hat rowing his …

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Nissan and Renault agree to overhaul alliance, this time as equals

TOKYO/PARIS, Jan 30 (Reuters) – Nissan Motor Co (7201.T) and Renault SA (RENA.PA) agreed on Monday to a sweeping remake of their two-decade-old automaking alliance that will put them on equal footing and see the Japanese company investing in Renault’s new electric vehicle business. The joint announcement capped nearly four months of intense talks that …

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