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Meta, the company behind Facebook and Instagram, has announced internally that it will scale back various initiatives. Employees will no longer be required to engage with candidates from underrepresented backgrounds for open job positions, nor will they be obliged to conduct business with “diverse” suppliers. Maxine Williams, Meta’s Chief Diversity Officer, will be transitioning to a different role within the company. Similarly, Amazon informed its staff that it...
Volex plc, a global leader in manufacturing critical power and data transmission products, continues to show strong financial performance and strategic growth, making it an attractive prospect for investors. Financial Performance Volex has consistently demonstrated growth across its key markets. In the fiscal year ending March 31, 2024, the company reported a 26.3% increase in revenue, reaching $912.8 million compared to $722.8 million the previous year. This growth...
European aircraft manufacturer Airbus delivered 766 planes last year, marking its highest output in six years. The A321neo model has emerged as the world’s best-selling aircraft, driven by airlines investing heavily in upgrading their fleets with more fuel-efficient planes like the A321neo. Notably, carriers such as KLM are replacing older Boeing 737 models with Airbus aircraft. Despite the impressive figures, Airbus narrowly missed its target of delivering 770...
Digital payments in the European Union (EU) have seen significant growth in recent years, becoming safer, faster, and more cost-effective. According to a report by the European Court of Auditors released on Thursday, the total value of digital payments in the EU more than doubled between 2017 and 2023, reaching over €1 trillion in 2023. However, the report highlights that EU regulations are not always fully enforced, with...
Bitcoin has faced a notable drop of -8% this week, testing its strength at crucial support levels. After holding the $93,345 zone, it’s still possible that Bitcoin could continue its upward trajectory, with the next major target around $114,785 if the demand area continues to hold strong. However, if we see further weakness and the price fails to maintain above the $93,345 support, a potential breakdown could lead...
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Stay informed about the economy and financial markets. Reading financial insights and market news can help individuals make more informed investment decisions. It can also provide information on economic trends and events that may affect the performance of different investments. Additionally, it can help individuals stay up-to-date on changes in government policies and regulations that could impact the financial markets. Overall, staying informed about financial and market news can help individuals make more informed decisions about their investments and manage their financial portfolios more effectively.