Business News 5/5: Gold Price: Record High

by drbyos

The Russian government believes that restricting exports will preserve reserves for the new season and ensure supply for Russia’s partners in the EAEU.

The Ministry of Agriculture said Russian sugar prices are among the cheapest in the world, so in the past year, many countries have switched to buying Russian sugar, including Turkmenistan, Afghanistan, Turkey, North Korea, and Senegal.

– Laifen launches Laifen Wave electric toothbrush

Laifen officially introduced to the Vietnamese market the Laifen Wave electric toothbrush product.

After two years of research and development, Laifen Wave electric toothbrush was officially launched. This product uses a unibody design and is equipped with Laifen’s exclusive Servo System. The system can ensure that Laifen Wave is capable of oscillating up to 60 degrees, completely covering every corner of the oral cavity and providing maximum cleaning efficiency. Compared with traditional electric toothbrushes, Laifen electric toothbrushes can clean teeth more deeply and effectively remove plaque, thereby significantly improving oral health.

Laifen Wave is Laifen’s new generation electric toothbrush with a multi-functional design. The groundbreaking combination of wide-range rotation and high-frequency vibration helps deeply clean and protect gums.

Motor efficiency is significantly improved compared to conventional sonic motors (6.1W vs 2.0W) for faster cleaning.

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Astana Is Ready For Further Cooperation With Baku…

The Ministry of Energy of Kazakhstan is fully prepared for further full-fledged interaction with Azerbaijan and Uzbekistan to export “green” energy to Europe.

As Day.Az reports on Wednesday with reference to Trend, Kazakhstan’s Energy Minister Almasadam Satkaliev said this after the signing of a memorandum of cooperation between the energy ministries of the three countries.

“Today, basic approaches to the implementation of this project have been discussed and agreed upon, and the Kazakh department is fully ready for further full-fledged interaction,” the minister said.

According to him, a draft technical specification for laying a deep-sea cable along the bottom of the Caspian Sea was previously drawn up.

“As part of the terms of reference, a proposed business model will be developed for the development of international transmission corridors (financing, revenue flow and ownership) and for the sale of green energy to the countries of the European Union. Based on the above, a draft memorandum of cooperation was developed between the energy ministries of the three countries on the interconnection of the energy systems of Azerbaijan, Kazakhstan and Uzbekistan,” Satkaliev said.

It should be noted that today the heads of the ministries of energy of Kazakhstan,

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The Rise Of Solana NFTs: Surpassing Polygon And…

Solana’s NFT Sales Surge

  • In‍ the past 24 ‌hours, SOL’s NFT sales surpassed $3 million
  • Ethereum maintained its dominance over Solana and Polygon in the NFT space

Solana [SOL] experienced a notable uptick in its NFT ⁤ecosystem recently as several popular collections made a return to SOL.

Could this indicate a potential growth trajectory for Solana’s NFT ecosystem in the upcoming weeks?

Solana Surpasses Polygon

The NFT sector witnessed a significant surge in sales across various chains last week. Analysis of NonFungible’s data by AMBCrypto revealed a notable increase in total NFT sales during the period.

Moreover, there was a rise in the number of unique sellers within the same timeframe.

NonFungible

As the market expanded, Solana welcomed back popular NFT collections like y00ts and DeGod, which had previously migrated to other chains.

Specifically, y00ts returned from Polygon [MATIC]while DeGod departed from Ethereum [ETH].

Solana’s NFT Sales‍ Surge to $25 Million

Solana’s ‍NFT sales have reached an impressive $25 million in the last seven days, as reported by SolanaFloor on Twitter. This figure surpasses Polygon’s weekly sales​ of $8 ​million,

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BYD Electric Car Sales In Germany: Challenges And…

2024-05-07 03:51:01

An electric car from the Chinese manufacturer BYD after its arrival in Bremerhaven.

image alliance/dpa | Lars Penning

The Chinese electric car manufacturer brought thousands of vehicles to Bremerhaven in February to conquer the German market.

But according to a media report, sales in the country of Volkswagen and Mercedes-Benz are stopping. Only a three-digit number of BYD cars were newly registered in March.

“Handelsblatt” also reports a mold problem in the cars that were delivered. BYD denies this.

They were images with symbolic power: In February last year, “BYD Explorer No. 1”. The Chinese’s own cargo ship electric car manufacturer BYD brought 3,000 vehicles to Germany. This seemed to be the start of Volkswagen and Mercedes-Benz taking the country by storm. But according to a media report, BYD’s latest figures in this country are sobering.

In March, no more than 160 new vehicles from the new car giant were registered in Germany. This is reported by “Handelsblatt“, referring to data from the industry service Dataforce. This continues the trend from previous months.

also read

In the first quarter of this year,

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POVERTY INDICES The World Bank Is Worried About…

The south of the Big Island has long been plagued by a multi-year drought.

The South of the Big Island is plagued by extreme poverty. According to the World Bank, this is due to a lack of investment, but also to the effects of climate change.

Chronic poverty. It turns out that the Anosy, Androy and Atsimo-Andrefana regions concentrate the highest rate of poverty. Nearly 91% of the population of the Great South lives below the poverty line. A situation which disadvantages these localities, which nevertheless have rich potential.

In a report on poverty dated April, the World Bank attributes this situation to “chronic underinvestment” by successive governments. This neglect has caused the region to lag significantly behind the rest of the country, according to the financial institution. However, other factors also contributed to this situation.

Other factors hinder the development of the South of the country. For example, there is the lack of diversification of the means of production. Simply put, for millennia, agriculture and fishing have been the primary means of livelihood in these areas. Now, these two ways of life are threatened, if not prey to repeated annual shocks.

The World Bank also points to multi-year drought and the Covid-19 pandemic as one of the reasons for this poverty.

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Basis Must Become A Field Of Problem Solving:…

Niaz Morshed Elite is one of the most talked about young entrepreneurs of the country. Along with contributing to the information technology sector, this successful businessman from Chittagong has done significant work. He is the companion of the successful journey of cash that has revolutionized the mobile financial services of the country. Ahead of BASIS, the software and related services sector organization, Elite spoke about the problems and prospects of young ICT entrepreneurs in Bangladesh.

Jago News: Basis selection why?
Niaz Morshed Elite: Bangladesh has already developed several areas including the garment industry which is contributing to the country’s economy. But if you look at the global economy, software and related services are the winners across the board. Neighboring India has shown its capabilities by building IT hubs. We are talking about building Smart Bangladesh from Digital Bangladesh. The Prime Minister has handed over Bangladesh to the youth like us to fulfill the dream. But this sector is still not ready to stand tall. Especially in software export and related service assurance, policy making and benefit acquisition could not be made significant space. I think this is a place where working can bring collective success for the country rather than individual success.

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New Expectations Of Interest Rate Cuts By The…

#expectations #interest #rate #cuts #Fed #give #strength #Wall #Street #Stock #Exchange

The lower-than-expected employment figures in the United States are reinforcing the expectation that the Federal Reserve may reduce interest rates later this year, which has encouraged investors.

The main indices on Wall Street appreciated this Monday, continuing last week’s gains, at a time when investors are evaluating the possibility of the Federal Reserve being able to cut interest rates later this year.

The benchmark S&P 500 index rose 1.03% to 5,180.74 points and the technological Nasdaq Composite rose 1.19% to 16,349.25 points. The industrial Dow Jones gained 0.46% to 38,852.27 points.

The global benchmark S&P 500 and the Nasdaq touched three-week highs during the session. This is after employment figures in the United States for April, released on Friday, were lower than expected, which shows some relief in the labor market.

“Economic news has been positive. It continues to provide signs of the underlying strength of the economy, which should allow corporate profit growth to continue to promote an environment in which share prices can advance”,

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Late Moves In Bautzen District: Explore Regional Companies…

Bautzen district: Companies open their doors to the “late mover”

On several dates you can look behind the factory gates of various regional companies. The first trip goes to Bischofswerda and Sohland on May 31st.

1 Min.

During the late shift you can visit, among other things, the plastics producer Schoplast.
© Archive photo: Steffen Unger

Bautzen. What is it like to work at a health insurance company? What tasks must be completed in a senior living home? How is the local plastic industry positioned? How is an organ built, like a train and like an oven? Anyone interested can find out at this year’s “late moves” in the Bautzen area.

An employee of the Chamber of Commerce and Industry (IHK) said that they will be taken on the bus on several dates for free to different companies in the area and that they can have a look behind the factory gates. On May 31, 2024 we go to Bischofswerda and Sohland an der Spree, on June 7 to Bautzen and Kamenz and on June 14 to Hoyerswerda.

The companies involved want the initiative to present themselves,

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Zalando Misses Expectations Despite Strict Austerity Measures

Zalando headquarters in Berlin.

Monika Skolimowska/picture alliance via Getty Images

The fashion retailer Zalando has been pursuing consistent austerity measures for months in order to make the company profitable. The founders Robert Gentz ​​and David Schneider succeeded in doing this. Zalando still did not meet investors’ expectations.

Zalando’s austerity measures continued to have an impact at the beginning of the year. The online fashion retailer was back in the black in day-to-day business due, among other things, to lower logistics costs and significantly limited the bottom line loss. Adjusted for special effects, Zalando earned 28.3 million euros before interest and taxes (EBIT) in the first quarter, after there was a small deficit in the same period of the previous year. But analysts had hoped for a little more. The net loss fell from 38.5 million euros to 8.9 million euros, as the DAX group announced on Tuesday in Berlin.

Zalando benefited from the better weather, which enab led an early start to the spring/summer season. The gross merchandise value (GMV) climbed by 1.3 percent to around 3.3 billion euros. However, the effect was not evident in sales, which fell by 0.6 percent to 2.03 billion euros.

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